Maanshan Iron and Steel or Magang, the largest steelmaker in eastern China's Anhui province, on Monday announced it was cutting its ferrous scrap buying price by Yuan 30/metric ton ($5/mt), a company source said. The move followed the ...
Tags: Iron, Steel, steelmaker, ferrous scrap
After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...
Tags: ferrous scrap, iron ore
Jiangsu Shagang Group, China's biggest scrap buyer, cut buying prices Saturday for the raw material by Yuan 30/mt ($5/mt), in response to a slide in rebar prices, a company source said. After the adjustment, Shagang will pay Yuan ...
Tags: Ferrous Scrap, Rebar
Solar cell maker Motech Industries has released its financial report for the third quarter of 2015, with business operations swinging from the red into profitability. Motech recorded consolidated revenues of NT$7.098 billion (US$216 ...
Tags: 3Q15, Motech, Motech Industries
On October 29, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. Ltd (Masteel) announced its results for the first nine months of the current year. Accordingly, Masteel's operating revenues for the period in question ...
Tags: Maanshan Iron and Steel, Results, Energy
On August 20, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. Ltd (Masteel) announced its results for the first half of the current year. Accordingly, Masteel's operating revenues for the period in question amounted to ...
On March 27, Anhui Province-based Chinese steelmaker Maanshan Iron & Steel Co. (Masteel) issued its financial results for 2013, announcing an operating revenue of RMB 73.85 billion ($12.07 billion), while it achieved a net profit of RMB 157 ...
Tags: steelmaker, Iron, Steel
Anhui Province-based Chinese steelmaker Magang Group has stated that its subsidiary Maanshan Iron & Steel Co., Ltd (Masteel) plans to acquire 11 percent of shares in Maanshan Iron & Steel (Hong Kong) Co., Ltd from Magang Group. Magang Group ...
Tags: steel, metallurgy, Hong Kong
On November 18, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. (Masteel) announced that it has signed a cooperation agreement with Shanghai Railway Bureau regarding transportation and logistics services. Accordingly, ...
Tags: Masteel, Shanghai Railway Bureau
Chinese steel giant Baosteel Group has announced that its BSSF (Baosteel slag short flow) roller slag processing technology and equipment with independent intellectual property rights will be used at the steel production facilities of ...
On October 29, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. (Masteel) announced that in the first three quarters of the current year its operating revenue amounted to RMB 56.392 billion ($9.245 billion), down 5.93 ...
Tags: steel, Metallurgy, Mineral
On August 14, 2013, it is learnt that Hexian economic zone of Maanshan city ushers in the auto outer joints project of Zhejiang Yuhuan Jufeng Auto Part Co. with a total investment of 200 million RMB. The project covers 50 mu (around ...
Tags: Transportation, Auto Parts, truck
Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. (Masteel) has announced that it plans to sell some non-steel assets to its parent company Maanshan Iron and Steel Group for the purpose of optimizing asset structure, ...
Tags: Non-Steel Assets, Mineral
Anhui Province-based Chinese steelmaker Maanshan Iron and Steel (Masteel) has announced that its Baixiang Mountain iron ore mine has commenced pilot production. Reserves at the mine are estimated at 41 million mt with an average 39 ...
Tags: steelmaker, Maanshan, Iron, Steel
On April 2, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel (Masteel) announced that in the first quarter this year it exported a total of 100,000 mt of alloy steel products, including alloy wire rod, alloy H-beam and alloy ...