Economy
Economy
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Major Steel Enterprises Realized Sales Revenues of RMB300.292 Billion in January
Mar 21, 2013According to data released by China Iron and Steel Association (CISA), the major 86 medium-and-large steel enterprises realized sales revenues of RMB300.292 billion in January, rising by 16%. The profits were at RMB1.338 billion. However, ...
Tags: Steel Mill, Steel, Iron
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Russia Is Considering a Chinese Request to Double Crude Oil Export Capacity to China
Mar 20, 2013Russia is considering a Chinese request to double crude oil export capacity to China to 30 million mt/year (600,000 b/d) by building a second line alongside the Skovorodino-Mohe pipeline, an offshoot of the East Siberia-Pacific Ocean ...
Tags: crude oil export, crude oil, oil export
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CISA States The Average Daily Crude Steel Output of Large & Medium-Sized Steel Enterprises
Mar 20, 2013The China Iron and Steel Association (CISA) has stated that in early March (Mar. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.676 million mt, down 3.3 percent ...
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CSC Is Going to Release Its List Prices for EF Al-Killed Wire Rods for April
Mar 20, 2013China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for electric furnace (EF) Al-killed wire rods for April. The Taiwanese screw makers suggested CSC remain the prices unchanged as the ...
Tags: screw makers, carbon steelmaker, steel
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CRC Fell by US$15~Us$20/Ton Compared to The Previous Week
Mar 20, 2013Reportedly, Chinese export price on cold rolled coils (CRC) fell by US$15~US$20/ton compared to the previous week due to the price decline of raw materials and the weak overseas orders. According to a CRC exporter in Shanghai that the ...
Tags: cold rolled coils, CRC, CRC Export
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The Stocks of Finished Steel Products Risesby 192,000 Tons From a Week Ago
Mar 20, 2013According to data released by the China Iron and Steel Association (CISA), the stocks of finished steel products including plates, hot rolled coils, cold rolled coils, rebar and wire rods hold by the major steel markets in China totaled ...
Tags: Iron, Steel, finished steel products
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Shougang Group Announced That in Jan-Feb Period of This Year It Produced 1.618 Million Mt
Mar 20, 2013On March 19, Beijing-based Chinese steel producer Shougang Group announced that in the January-February period of this year it produced 1.618 million mt of finished steel, 93,000 mt higher than its production target for the given period. In ...
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Chung Hung Steel's Combine Sales Revenue in This February Falls by 9% From a Month Ago
Mar 19, 2013Chung Hung Steel, one of the major carbon steel re-rolling mills announced its combine sales revenue in this February totaled NT$3.792 billion, falling by 9% from a month ago. Also, its February shipping quantity has remained at ...
Tags: Chung Hung Steel, carbon steel, steel
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Sysco's After Tax Sales Profit in Whole 2012 Totaled Nt$154 Million,Slumping by 68.1%
Mar 19, 2013Sysco, one of the major coating steel manufacturers in Taiwan, has announced its total sales revenue in whole 2012 amounted to NT$15.514 billion, rising by 11.5% from a year ago. However, the company’s after tax sales profit in ...
Tags: coating steel, steel manufacturers, coating steel manufacturers
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Zhongpin Reported a 31% Decrease in Net Income to $44.1m
Mar 19, 2013Zhongpin, a China-based meat and food processing company, has reported a 31% decrease in net income to $44.1m for the full-year 2012, compared to $64.2m in 2011, due to a lower gross profit margin, rising labor and utility costs, and higher ...
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Iron Scrap Is a New,Resource Recycling Industry in China
Mar 18, 2013Iron scrap is a new,resource recycling industry in china and has broad development prospects and great potential .But, bowed to the factor of technology and equipment , compared to developed countries , the utilization rate in china is ...
Tags: Iron scrap, Iron scrap price, resource recycling industry
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The Sales Prices of Newly Constructed Residential Buildings (Excluding Affordable Housing)
Mar 18, 2013I. The Sales Prices of Newly Constructed Residential Buildings (excluding affordable housing) Comparing with the previous month, among 70 medium and large-sized cities, the sales prices of newly constructed residential buildings declined ...
Tags: Sales Prices of Residential Buildings, Residential Buildings
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Hansteel Have Exceeded Its Total Exports of These Products in The Whole of 2012
Mar 18, 2013Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group (HBIS) has announced that so far in the current year the exports of hot dip galvanized (HDG) steel sheet for the automotive sector of its Hebei-based subsidiary Handan Iron ...
Tags: steel sheet exports, steel sheet, steelmaker
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Taigang Stainless Cut Its Export Prices for Austenitic Coils
Mar 15, 2013Reportedly, the Chinese Shanxi based Taigang Stainless announced to cut its export prices for austenitic coils by US$100/ton in order to reflect lower nickel prices. The official of Taigang Stainless stated that the price cut is mainly ...
Tags: Stainless, Stainless Coil Export, Stainless Coil Export Prices
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Tung Ho Steel's Combine Sales Revenue Was Nt$5.544 Billion,Down by 5.85% Year on Year
Mar 15, 2013Tung Ho Steel, one of the major construction steel product manufacturers and electric furnace mills in Taiwan, has announced its combine sales revenue from this January to February was NT$5.544 billion, down by 5.85% year on year. ...
Tags: Tung Ho Steel, steel product, steel
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