Steel Association articles & resources on Made-in-China.com

China Makes Headway in Steel Capacity Cut

Aug 11, 2016

Efforts to reduce China's steel production overcapacity are forging ahead according to plan, the top economic planner said Wednesday. In a medium-term roundup of the drive, the National Development and Reform Commission (NDRC) said, in an ...

Tags: steel production, overcapacity

CISA Tells China Iron Ore Importers to Keep Close Eye on Steel Credit Crunch

Dec 18, 2015

China's iron ore importers need to keep a close eye on the country's steel mills as they mull output cuts and shutdowns amid a year-end credit crunch, the China Iron and Steel Association said Thursday. Prices of iron ore derivatives ...

Tags: iron ore, Steel

Li Pledges to Cut Back on Overcapacity

Dec 4, 2015

Premier Li Keqiang has pledged "firmer resolve and greater efforts" to tackle the long-standing problem of industrial overcapacity as "old growth drivers" such as manufacturing and investment continue to struggle. China is experiencing a ...

Tags: high-tech industries, Overcapacity

2nd Round of Upgraded Negotiations, 7th China-ASEAN FTA Joint Committee Meeting Held in Beijing

Oct 22, 2015

The 2nd round of upgraded negotiations and the 7th China-ASEAN FTA Joint Committee Meeting was held in Beijing on February 3-6, 2015. The Chinese delegation, consisting of the Ministry of Commerce, the Ministry of Foreign Affairs, the ...

Tags: China-ASEAN FTA, trade in services, investment, economic cooperation

Latin American Imports of Chinese Steel Grow 6%

Sep 3, 2015

Latin American countries imported 5 million mt of finished steel from China in the first seven months of 2015, 6% more than the 4.7 million mt imported in the same period in 2014, the Latin American Steel Association (Alacero) said Tuesday. ...

Tags: Long steel, finished steel

China Sources 84% of H1 Iron Ore From Australia

Aug 1, 2015

China's iron ore demand is falling, but its share of imports from mining giants Australia and Brazil is rising, which is squeezing smaller miners and curbing their supply. China imported 453.1 million mt of iron ore in January-June, with ...

Tags: Iron Ore, Metals

Steel Mills Change Exports Due to Stagnant Market

Apr 30, 2015

First-quarter steel exports surged 40.7 percent to 25.78 million metric tons as mills responded to weak domestic demand and falling prices, the China Iron and Steel Association said on Wednesday. "Although domestic steel companies face ...

Tags: Steel Mills, steel exports

China to Bring Iron and Steel Sector Back to a 'Basically Balanced Level' by 2017

Mar 24, 2015

China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...

Tags: Steel Industry, Iron Steel

Govt Is Supposed to Support China's Steel Industry

Mar 9, 2015

Chinese steelmakers are facing more headwinds this year as economic growth slows and need government support to tackle long-term overcapacity, the chairman of Anshan Iron & Steel Group said. China's steel sector has been struggling with ...

Tags: Steel, Metallurgy, Mineral

China Plans to Import More Iron Ore From Companhia Vale

Feb 17, 2015

New rules to facilitate entry of bulk carriers at the nation's ports China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of ...

Tags: Iron Ore, Mineral

Global Crude Steel Production in November This Year Slightly Increased by 0.1 Percent Year

Dec 22, 2014

Global crude steel production in November this year slightly increased by 0.1 percent year on year, amounting to 130.5 million metric tons, while a 4.5 percent decrease was observed on month-on-month basis, according to the World Steel ...

Tags: Crude Steel Output, Mineral

China Keeps Rebar Export Tax Unchanged

Dec 22, 2014

China's Ministry of Finance issued its customs duties implementation plan for 2015 on December 17, with the duties in question to become effective as of January 1, 2015. Accordingly, China's export tariffs for pig iron, semi-finished ...

Tags: pig iron, semi-finished steel, wire rod, Metallurgy

World Pig Iron Production Amounted to 1.08 Billion Mt

Dec 22, 2014

In the January-November period of this year, world pig iron production amounted to 1.08 billion mt, rising by 1.1 percent compared to the same period of 2013, according to the preliminary data covering 38 countries accounting for ...

Tags: Pig Iron, blast furnace pig iron

Total EU Construction Investment Is Foreseen to Increase by Almost Two Percent in 2015

Nov 17, 2014

According to the Economic and Steel Market Outlook 2014-2015/Q4 2014 Report from the Economic Committee of the European Steel Association (EUROFER), in the second quarter of the current year construction activity in the European Union (EU) ...

Tags: Steel Market, Mineral

Chinese Steelmakers Eyes on Overseas Markets

Nov 10, 2014

Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...

Tags: Chinese Steelmakers, Iron, Steel

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