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
Scrap market activity remained sluggish in eastern China over the week with prices mainly holding steady and unlikely to gain any upward momentum in the short term as the outlook for the finished steel market remains pessimistic, market ...
Tags: Ferrous Scrap, Heavy Scrap
Wearable technology is just about to take off, but we can already take a peek at what’s coming after smartwatches and the like. A team of engineers at the University of Illinois at Urbana-Champaign and Northwestern University have ...
East China's ferrous scrap prices fell sharply this week amid weaker raw material, finished steel and steel futures markets in the first-half of the week. Platts assessed heavy scrap over 6 mm at Yuan 2,320/mt ($377/mt) on a delivered ...
Tags: Ferrous Scrap, Raw Material, Steel Markets
Chinese steelmakers cut their scrap purchase prices steadily this week, following the downward trend in futures and steelmaking raw materials markets, led by Shagang Group, the country's largest scrap consumer in eastern China's Jiangsu ...
Tags: Steelmakers, Iron Ore, raw materials
On October 19, Jiangsu Province-based Chinese steelmaker Lianfeng Iron & Steel (Zhangjiagang) Co. (Lianfeng Steel), a subsidiary of Jiangsu-based Chinese steelmaker Yonggang Group Co., successfully commissioned its 1,080 m3 blast furnace ...
Tags: Metallurgy, Mineral, Energy, steel
According to the news reported by PR Newswire on June 18, SMIC announced that Mr. Sean Maloney has been appointed as an Independent Non-executive Director of SMIC came into effect on June 15, 2013. And Dr. Gao Yonggang has served as SMIC's ...
(China Glass Network) After the spring festival, the companies located in South China and East China began to raise the glass price. And the spot market is on fire. Though it will take a period of time to make the glass demand back to ...
Tags: Glass, Glass Market, glass price
Malaysia's Ministry of International Trade and Industry (MITI) has announced its final decision regarding the antidumping (AD) duty investigation on steel wire rod imports from Taiwan, China, Indonesia, South Korea and Turkey. Malaysia ...
Tags: wire rod imports, wire rod, steel wire
Jiangsu Province-based Chinese steelmaker Yonggang Group Co. has announced that on February 17 it officially launched construction of its new steel bar project which has a planned annual output capacity of 2 million mt. The project, which ...
Tags: Yonggang, steel bar, spring steel
China's stocks fell the most in six months after the nation's non-manufacturing industries expanded at a slower pace for a second month and fewer U. S. Jobs were added than economists estimated. PetroChina Co., the second-largest oil ...
Tags: maket view, construction machinery
University of Miami professor at the College of Engineering, Jizhou Song, has helped design an light-emitting diode (LED) light that uses an array of LEDs 100 times smaller than conventional LEDs. The new device has flexibility, maintains ...
Tags: led light