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
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 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
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
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 ...
On March 26, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel (Masteel) announced that in 2012 its operating revenue totaled RMB 74.4 billion ($11.96 billion), down by 14.33 percent year on year, while it recorded a net loss ...
Tags: Masteel, Net Loss, steelmaker
Anhui Province-based Chinese steelmaker Maanshan Iron and Steel (Masteel) has announced that its independently-developed high-conductivity hot dip galvanized (HDG) steel sheet for application in household appliances has successfully passed ...
Tags: Masteel, HDG sheet, steelmaker