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China Doubts on EU Tariffs on Steel Products

Mar 1, 2017

China has expressed doubts about exorbitant tariffs imposed by the European Union (EU) on steel products from China, calling for an end to such unfair measures. The European Commission, the EU's executive body, recently announced its ...

Tags: EU Tariffs, Steel Products

Merged Steel Giant to Get 2 HQs: Report

Nov 19, 2016

China's Baosteel Group will have dual headquarters following its merger with smaller rival Wuhan Iron and Steel (Group) Corp, according to Shanghai-based newspaper The Paper. The newly merged steel giant will have headquarters in both ...

Tags: Baosteel, Iron, Steel

Steel Prices Increased Starting in March of 2016

May 15, 2016

China still faces severe steel oversupply, and a recent price surge is only due to temporary market expectations, a senior official said on Thursday. Steel prices increased significantly starting in March and declined mildly in May, as ...

Tags: steel oversupply, steel

Global Single-Axis Tracker Revenues Are Expected to Grow 120% in 2019

Mar 25, 2015

Global single-axis tracker revenues are expected to grow 120%, to reach nearly US$2 billion in 2019, according to IHS. For the first time, single-axis trackers will be the preferred type of structural balance of system (BoS) ground mount ...

Tags: Single-Axis Tracker, solar photovoltaic

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

Some Sellers of Molybdenum Oxide Powder in Asia Have Lowered Offers Friday

May 21, 2014

Some sellers of molybdenum oxide powder in Asia have lowered offers Friday, following falls during European trading hours Thursday, while others kept their offers at $14.70-14.80/lb CIF, market sources said. Platts assessed moly oxide at ...

Tags: Molybdenum Oxide, Oxide Powder

China's Steel Production Has Plateaued and Mills Complys with Tougher Anti-Pollution Ways

May 11, 2014

China's steel production has plateaued and mills are focusing on complying with tougher anti-pollution measures instead of expanding capacity, a senior official at the China Iron and Steel Association (CISA) said on Wednesday. The fight ...

Tags: Steel Production, Iron, Steel

The Winning Bid in The Monthly Auction Was Yen 30,910/Mt FAS

Mar 13, 2014

The winning bid in the monthly auction held Tuesday for Japanese H2 grade ferrous scrap for export through Tokyo Bay was Yen 30,910/mt ($299.50/mt) FAS or free alongside ship, the organizer of the tender said. The bid was Yen 2,100/mt ...

Tags: Ferrous Scrap, electric steel, Nippon Steel

E-Commerce Took off in The Steel Sector as The Ailing Industry Competes to Cut Costs

Jan 16, 2014

E-commerce took off in the steel sector in 2013 as the ailing industry competes to cut costs, Dong Baoqing, an official at the Ministry of Industry and Information Technology, said at a -forum in Shanghai on Sa-turday. ...

Tags: Steel Firms, Mineral

Tangshan Iron and Steel Group Co Ltd Is Leading The Effort to Go Abroad

Dec 26, 2013

Tangshan Iron and Steel Group Co Ltd is leading the effort to go abroad as the country's steel and iron industry struggles with overcapacity, reports Du Juan from Tangshan, Hebei province Against the background of the overcapacity problem ...

Tags: Steel Capacity, Mineral

Vietnam has proposed to levy AD Duty for Stainless Steel Cold Roll Coils on Four Countries

Dec 9, 2013

It is reported that Vietnam's Ministry of Industry and Trade (MOIT) has proposed to levy antidumping (AD) tax on cold rolled stainless steel imported from China, Indonesia, Malaysia and Taiwan. According to the news, the proposed tax rates ...

Tags: Stainless Steel Cold Roll Coil, Cold Roll Coil, Construction, Metallurgy

China's Hebei Iron and Steel Reported Its First Nine Months Net Profit Dropped by 68.17%

Dec 4, 2013

It’s reported that the world's second largest steel group, China's Hebei Iron and Steel reported its first nine months net profit in 2013 dropped by 68.17% year on year. The company said the main attributes are the sluggish steel ...

Tags: metallurgy, steel

China Will Help Ukraine to Build Coal-to-Gas Plants

Dec 3, 2013

China will help Ukraine to build coal-to-gas plants, according to an agreement expected to be signed next week, Ukrainian President Viktor Yanukovych said Thursday. Yanukovych is expected to travel to China next week for economic and ...

Tags: coal-to-gas plants, Mineral

China Wii Encourage More Companies to Invest in Overseas Projects

Nov 29, 2013

In a move designed to combat overcapacity in the steel sector, China will relocate some factories and encourage more companies to invest in overseas projects, said an official with the country's top planning agency. Li Zhongjuan, an ...

Tags: Metallurgy, Mineral, Energy

China's Listed Steel Companies Posted a Net Profit of 5.85 Billion Yuan

Nov 20, 2013

China's listed steel companies posted a net profit of 5.85 billion yuan ($960 million) in the first three quarters, reversing an industry-wide loss from a year earlier, China Securities Journal reported over the weekend. A total of 33 ...

Tags: Solid Profits, Steel

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