-
Date:2012/08/13
Last Friday, iron ore prices offered in spot market of China fell with the 2-1/2-year low benchmark rate, citing the weakening steel demand affected the producers’ demand negatively.According to Steel Index, benchmark iron ore of 62% iron content IO6...
-
Date:2012/08/09
Huaneng Power International Inc announced its unaudited operating results for the six months ended June 30 2012.For the six months ended June 30 2012, the Company and its subsidiaries recorded consolidated operating revenue of CNY 67.180 billion, rep...
-
Date:2012/08/10
Taishan Steel, a leading Shandong province-base Chinese steel producer commissioned the plant maker China 19th Metallurgical Corporation, a subsidiary of Metallurgical Corporation of China Ltd to modernize the project of stainless steel rolling facil...
-
Date:2012/08/08
Reportedly, the world’s largest steelmaking country, China’s crude steel output may fall for the first time in 31 years in 2012, citing the weaker macroeconomic conditions and steel demand. The report by a senior industry analyst was based on the fac...
-
Date:2012/08/09
Chinese trader Guangdong Zhenrong Energy will invest over $207 million to take a majority stake in Hong Kong-listed storage operator Titan Petrochemicals, the latter said Wednesday.The bulk of the funds comprise a $145 million buyout of the existing ...
-
Date:2012/08/10
According to Reuter’s report, Chinese Sichuan-based Han Long Group has reduced the purchasing quotes to acquire the Australian mining enterprises Sundance Resources by 30% to AUD1.2 billion due to weak prospect for the commodity.The industry source s...
-
Date:2012/08/08
Reportedly, China’s seamless carbon steel pipe prices have dropped substantially in July due to deceased prices of upstream raw materials.It’s known that the transaction prices of seamless carbon steel pipes have decreased by RMB200/ton from a month ...
-
Date:2012/08/09
According to statistics, the stainless steel stock in the Chinese Foshan market totaled 131,350 tonnes in the Chinese Foshan market in the last ten days of July 2012, soaring by 5.02% from the previous ten days.Among them, 59,671 tonnes were cold rol...
-
Date:2012/08/10
Spot iron ore prices fell to the lowest level in more than 2-1/2 years, weighed down by sluggish demand in top consumer China, which reported disappointing industrial output and lower inflation on Thursday, spurring hopes for more easing moves by the...
-
Date:2012/08/07
According to statistics of the Stainless Steel Council of China Special Steel Enterprise Association (CSSC), in the first half of this year, China's output of crude stainless steel totaled 7.082 million tons, soaring by 5.25% in comparison of th...
-
Date:2012/08/09
According to statistics of the Stainless Steel Council of China Special Steel Enterprise Association, China's output of crude stainless steel totaled 7.082 million tonnes in the first half of 2012, soaring by 5.25% YoY in comparison of that in t...
-
Date:2012/08/10
Taiyuan Iron & Steel Group (TISCO) has decided to introduce the stainless steel cold continuous rolling project, aiming to enhance the product ratio of ferrite stainless steel, reduce input costs, cut energy consumption, increase added value.Mean...
-
Date:2012/08/07
According to statistics, the stainless steel stock in the Chinese Foshan market totaled 131,350 tons in the Chinese Foshan market in the last ten days of July, soaring by 5.02% from the previous ten days.Among them, 59,671 tons were cold rolled stain...
-
Date:2012/08/08
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers have contributed a daily crude steel output of 1.6073 million tons in late July of this year, decreasing by 2.66% from middle July. Meanw...
-
Date:2012/08/10
The State Administration of Work Safety report on Tuesday said that on July 4, flooding at the Qielichong Coal Mine in Leiyang, Hunan province, trapped 16 miners. The owner concealed the accident and fled, delaying the rescue for 12 hours. Eight peop...
-
Date:2012/08/07
Sellers of spot iron ore cargoes to top importer China cut prices further on Monday, pointing to more downside pressure for the commodity that slid nearly 13 percent last month as Chinese steel demand soured.But iron ore, which hit a 2-1/2 year troug...
-
Date:2012/08/08
Iron ore stockpiles continued to build up at 25 major ports during the week ending on Aug. 6 despite signs of stabilizing prices, according to Xinhua's latest iron ore price report released on Tuesday.Inventories of imported iron ore at the port...
-
Date:2012/08/10
Freight rates for shipping coal from northern China's Qinhuangdao Port to the country's southern ports of Shanghai, Zhangjiagang and Guangzhou stabilized after rising for two weeks, Qinhuangdao Port said Wednesday.
The rates stabilized afte...
-
Date:2012/08/07
Huaneng Power International, the listed unit of the mainland's largest power producer China Huaneng Group, will be unable to meet its production target set earlier this year amid the economic slowdown but the impact on profit is expected to be o...
-
Date:2012/08/08
Qingshan Steel is going to forge industrial cluster of nickel alloy smelting and stainless steel downstream deep processing industries in Wanwu town, Fujian province with annual output value of CNY 100 billion aiming to develop domestic largest stain...