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Date:2012/07/17
Taigang Stainless, the largest stainless producer in China released its sales report for the first half of this year.The firm forecasted that its H1 net profit attributable to shareholders would be at RMB251.53 million~RMB419.21 million, slumping by ...
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Date:2012/07/16
Pig iron market in Jiangxi province is dragged down by the falling steel price. Pig iron market price has dropped by CNY 50 per tonne compared to early month.
Currently, leading steelmakers have pressed down the purchase price to CNY 3,110-3,120 per...
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Date:2012/07/17
It is reported that China’s crude steel output in June was at 60.21 million tons, up by 0.6% year on year. The average daily output was at 2 million tons, hitting second highest in record. In the first half of this year, the country’s crude steel out...
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Date:2012/07/16
China, the world's largest steel maker, imported 58.31 million metric tons of iron ore and concentrate in June this year, reflecting a decline of 8.7% from May, according to the latest statistics released by the General Administration of Customs...
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Date:2012/07/17
Chinese company Sanming TianZun Stainless Steel Composite Technology based in Fujian Province announced that it planned to put its second phase of its stainless steel clad plate production project into operation in this September.The second phase bro...
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Date:2012/07/13
According to the data released by MOFCOM, Chinese domestic steel price dipped by 0.3% from prior week in last week, indicating that the domestic steel price has declined for three consecutive weeks.
Looking the market dynamics in detail, the pr...
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Date:2012/07/17
In last week, the domestic social steel inventory in Chinese 26 surveyed cities had inched down by 89000 t from prior week to 15.459 million tons.
Concretely, the stockpiles for rebar were 6.723 million metric tons in the domestic steel market...
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Date:2012/07/13
Hebei-based Chinese steelmaker Shijiazhuang Iron and Steel Co. has announced that it has successfully developed production of high quality 100CrMn6 bearing steel according to European standards.
The newly developed steel has higher requirements as re...
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Date:2012/07/13
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. (WISCO) has announced that its subsidiary Echeng Iron and Steel has completed delivery of a first batch of 8,000 mt of bridge-building plate for the Hong Kong-Zhuhai-Macau Bridge Projec...
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Date:2012/07/13
China's Ministry of Transport is studying policy measures on control of abnormal increase of coal imports along China's southern coast, as inventories of the fossil fuel staying high at northern ports amid weak demand from downstream users....
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Date:2012/07/13
Chinese steelmaker Chongqing Iron and Steel (Group) Co. (CISC) has stated that in the first five months of the current year it made significant progress in the development of new steel plate products.
In the given period, Chongqing Steel developed pr...
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Date:2012/07/12
China imported 140mt of coal in the first six months of the year, up 65.9% compared to the same period of 2011, according to preliminary customs data issued on Tuesday.
China imported 112.72mt of coal in the first five months of the year, up 67.8% c...
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Date:2012/07/13
According to data released by the Chinese Iron and Steel Association (CISA) said that Chinese Nanjing Iron and Steel Co. planned to develop new steel plant in Jiangsu China. The company has already agreed mutual cooperation with China Metallurgical G...
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Date:2012/07/10
It is reported that Angang Steel posted a loss of RMB1.98 billion for the first half of this year, in comparison of a profit of RMB220 million in the same period of a year earlier.The weak exports and China’s curbs on property have damaged steel dema...
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Date:2012/07/12
China’s coal exports dropped dramatically in the first half year of 2012, according to latest customs data published on Jul 10.
In June, China exported coal and lignite 0.47 mt, reduced 0.82 mt or 64.1% on a month-to month basis. In H1, China’s gross...
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Date:2012/07/13
Chinese Baosteel has declined its steel wire prices for August by about RMB150/ton on ultra-low-carbon and low-carbon steel products. However, for other steel wire products, the prices still seem to keep flat for next month.Market sources indicate th...
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Date:2012/07/10
Reportedly, the nickel pig iron producers in Inner Mongolia receive the electricity subsidies from the government during June through August, bring saving of input costs of RMB180~RMB300/ton.In fact, the enterprises in Inner Mongolia have enjoyed the...
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Date:2012/07/11
According to the data compiled by China’s customs, Chin’s steel product exports totaled 5.22 million t in June of 2012, decreasing by 10 thousand tons compared to May and while up by 21.42% year over year. At the same time, China’s overall ste...
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Date:2012/07/12
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers have contributed a daily crude steel output of 1.65 million tons in late June of this year, decreasing by 0.32% from middle June. Meanwhi...
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Date:2012/07/10
According to statistics, the stainless steel inventory totaled 188,334 tons in the Chinese Wuxi market in the last 10 days of June, up slightly by 0.91% from the previous 10 days.Among them, 111,737 tons were cold rolled (CR) stainless steel, up by 0...