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China's Stocks of Main Finished Steel Products Decreases by 607,000 Tons

May 7, 2013

According to data released by China Iron and Steel Association (CISA), the stocks of main finished steel products, including hot rolled coils, cold rolled coils, plates, rebar and wire rods in the major Chinese steel market amounted to ...

Tags: Steel Products, Steel

The Stocks of Stainless Steel Products in The Chinese Foshan Market Downs by 0.99%

May 7, 2013

The stocks of stainless steel products totaled 143,260 tons in the Chinese Foshan market in the last 10 days of April, down by 0.99% from the previous 10 days, according to local sources. Among them, 72,432 tons were cold rolled stainless ...

Tags: Stainless Steel, Steel Product

China's Exports of Seamless Steel Pipes in Q1 of This Year,Rising by 11% Year on Year

May 7, 2013

According to data released by China Customs, the country’s exports of seamless steel pipes totaled 1.29 million tons in the first quarter of this year, rising by 11% year on year. Meanwhile, China’s exports of seamless steel ...

Tags: Seamless Steel Pipes, Steel Pipes

The Aggregate Gross Profits Realized by The Chinese Large-and-Medium Steel Enterprise

May 7, 2013

The aggregate gross profits realized by the Chinese large-and-medium steel enterprise amounted to RMB2.486 billion in the first quarter of this year, in comparison of the overall net loss in the same period of 2012, according to data ...

Tags: Steel Enterprises, Steel

Quintain Steel Combined Sales Revenue in Q1 of This Year,Rising by 11.7%

May 7, 2013

Quintain Steel, one of the major wire products manufacturers in Taiwan said that its combined sales revenue totaled NT$1.656 billion in the first quarter of this year, rising by 11.7% from a quarter ago. To look the second quarter, ...

Tags: Quintain Steel, Steel

Chung Hung Has to Find out Some Other Ways to Make Profits and Save The Costs

May 7, 2013

Chung Hung Steel, one of the major carbon steel rerolling mills and welding pipes manufacturers in Taiwan said since the current market demand is weak, they have to find out some other ways to make profits and save the costs. The General ...

Tags: Chung Hung Steel, Steel

It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities

May 7, 2013

It was assessed by SunSirs that in the tracked 100 spot commodities,14 commodities increased in prices, 39 fell and 47 remained unchanged on 02/05/2013.The largest rises were Nitric acid (1.55%),Lead ingot (0.94%),Cotton yarn (0.82%),while ...

Tags: Spot Commodities Price, Spot Commodities

In April, Non-Manufacturing Purchasing Manager Index Was 54.5 Percent

May 7, 2013

China's Non-manufacturing PMI Decreased in April National Bureau of Statistics of China　2013-05-06 15:38:26 Department of Service Statistics of NBS China Federation of Logistics and Purchasing (CFLP) In April, non-manufacturing ...

Tags: Manufacturing, PMI

UBS Bought a 0.17% Stake in China Minsheng Banking Corporation

May 6, 2013

UBS bought additional 9.58 million shares or a 0.17% stake in China Minsheng Banking Corporation at HKD 9.786 a share or HKD 93.75 million in total to lift its holding to 6.06% on April 25, the first additional share purchase in the recent ...

Tags: Minsheng, economy, UBS

Wisco Realized Sales Revenues,Rising by 5% and 168% Year on Year Respectively

May 6, 2013

Wuhan Iron and Steel Corp. (Wisco) realized sales revenues of RMB70 billion with profits of RMB506 million in the first four months of this year, rising by 5% and 168% year on year respectively. In the first quarter of this year, Wisco ...

Tags: Wisco, Iron, Steel

Yieh Hsing Remains Its List Prices Unchanged for May

May 5, 2013

Yieh Hsing, one of the major wire rod manufacturers in Taiwan announced to leave its list prices unchanged for May. After the price announcement, its list prices for Al-killed wire rods are at NT$24,500/ton; those for rimmed wire rods are ...

Tags: Wire Rod, Wire Rod Prices

It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities

May 5, 2013

It was assessed by SunSirs that in the tracked 100 spot commodities,14 commodities increased in prices, 19 fell and 67 remained unchanged on 26/04/2013.The largest rises were Silver (3.63%),Copper (1.70%),Natural rubber (1.65%),while the ...

Tags: Spot Commodities Price, Spot Commodities

The Average Steel Price in China Decreased by 0.3 Percent Compared to The Previous Week

May 4, 2013

China's Ministry of Commerce (MOC) has announced that during last week (April 22-28) the average steel price in China decreased by 0.3 percent compared to the previous week. In particular, in the given week prices of 80 mm x 43 mm x 5 mm ...

Tags: Average Steel Price, Minor Decrease

Tang Eng Released Its List Prices for May

May 3, 2013

Tang Eng, one of the major stainless steel producers in Taiwan released its list prices for May The company decided to cut its list prices for 300 grades, 201 grades and 202 grades by NT$3,000/ton, NT$400/ton and NT$1,500/ton ...

Tags: Tang Eng, Stainless Steel Prices

Taiwanese Steel Pipe Makers Decide to Lower List Prices for May

May 3, 2013

It’s reported that the Taiwanese steel pipe makers announced to cut list prices by NT$600/ton averagely for May in order to Chung Hung Steel’s price cut on raw materials of steel pipe manufacturing. It’s known that Chung ...

Tags: Steel Pipe Makers, Steel Pipe