Economy
Economy
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CSC's EF Al-Killed Wire Rods Have Remained Firm in The Taiwanese Steel Market
Mar 7, 2013Recently, the transaction prices of China Steel Corp. (CSC)’s electric furnace (EF) Al-killed wire rods have remained firm in the Taiwanese steel market. It’s known that the transaction prices of CSC’s EF Al-killed ...
Tags: wire rod, Steel, Steel Price
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Iron Ore Price Index for Imported Iron Ore with 63.5% Iron Content Was at 151%
Mar 7, 2013As of March 4, the Xinhua-China Iron Ore Price Index for imported iron ore with 63.5 percent iron content was at 151 points, down five points week on week, as announced by China’s Xinhua News Agency. Meanwhile, the Xinhua-China Iron ...
Tags: Iron ore inventory, Iron ore, Iron Ore Price
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Lianyuan Iron and Steel Co. Heated Its Blast Furnace No. 3 on March 4
Mar 7, 2013Hunan Province-based Chinese steelmaker Valin Lianyuan Iron and Steel Co., a subsidiary of Hunan Valin Iron and Steel Group Co., heated its blast furnace No. 3 on March 4, with the blast furnace accordingly expected to start production ...
Tags: Lianyuan Steel, Steel, steelmaker
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Pangang Group Produced 363,099 Mt of Iron Ore Concentrate,104%of The Target Volume
Mar 7, 2013In February this year, Pangang Baima Mining, a subsidiary of Sichuan Province-based Chinese steelmaker Panzhihua Iron and Steel Group (Pangang Group), produced 363,099 mt of iron ore concentrate, equivalent to 104 percent of the target ...
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Coking Enterprise Qiangui Tianneng Coking Co. Was Successfully Ignited Coke Oven No.1
Mar 7, 2013On March 2, the coke oven No. 1 of Guizhou Province-based Chinese coking enterprise Qiangui Tianneng Coking Co., built by Hubei-based China First Metallurgical Group, was successfully ignited after three months of work on construction and ...
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In February, Non-Manufacturing Purchasing Manager Index Was 54.5 Percent
Mar 6, 2013In February, non-manufacturing purchasing manager index was 54.5 percent, a decrease of 1.7 percentage points over the previous month. In view of different industries, non-manufacturing purchasing manager index of construction industry ...
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In February, China's Manufacturing Purchasing Managers Index Was 50.1 Percent
Mar 6, 2013In February, China's manufacturing purchasing managers index (PMI) was 50.1 percent, down by 0.3 percentage point month-on-month. In view of the sizes of enterprises, the PMI of large-sized enterprises was 51.3 percent, kept at the ...
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The Global Economic Situation Has Turned to Good Side Said by President of Feng Hsin
Mar 6, 2013The president of Feng Hsin, one of the major carbon steel long product makers in Taiwan said that the global economic situation has turned to good side. Furthermore, he added that once China's steel oversupply situation is improved, it ...
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Quintain Steel's January Combine Sales Revenues Rises by Around 10% From a Month Ago
Mar 6, 2013Quintain Steel, one of the major wire products manufacturers in Taiwan has announced that its January combine sales revenues were at NT$524 million, rising by around 10% from a month ago. Also, the company realized a net sales profit ...
Tags: Steel sales, wire products, Quintain Steel
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Feng Hsin Announced Its New Prices for Its 203 Wire Rods on March 4th
Mar 6, 2013Feng Hsin, one of major wire rod mill in Taiwan, announced its new prices for its 203 wire rods on March 4th. Affect by the price rise made by China Steel Corp. (CSC) the largest carbon steelmaker in Taiwan, Feng Hsin decided to ...
Tags: wire rod prices, wire rod mill, Steel
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Feng Hsin Remains Its List Prices for Rebar,Section Steel and Scrap Unchanged
Mar 6, 2013Feng Hsin, one of the major steel long product makers in Taiwan announce to remain its list prices for rebar, section steel and scrap unchanged for this week. Also, the company has kept the prices unchanged for consecutive two weeks. ...
Tags: rebar prices, rebar, steel long product
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China Exported 146,206 Tons in January,Falling by 6.3% From a Month Ago
Mar 6, 2013According to statistics release by China’s customs, China exported 146,206 tons in January, falling by 6.3% from a month ago. In January, Taiwan was the largest importer of the Chinese stainless steel flat products with 49,509 ...
Tags: stainless steel flats exports, China's stainless steel
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MOC Announces That During Last Week The Average Steel Price in China Decreased by 0.4%
Mar 6, 2013China’s Ministry of Commerce (MOC) has announced that during last week (February 25-March 3) the average steel price in China decreased by 0.4 percent compared to the previous week. In particular, in the given week prices of 10 mm ...
Tags: steel price, steel, steel plate
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China Is Targeting GDP Growth of 7.5 Percent and an Inflation Rate of 3.5 Percent in 2013
Mar 6, 2013China is targeting GDP growth of 7.5 percent and an inflation rate of 3.5 percent in 2013, as stated by Chinese Premier Wen Jiabao in his government work report speech delivered during the opening ceremony of China’s National ...
Tags: GDP growth, inflation, economy
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Baogang Group Announced That in February It Produced 775,500 Mt of Pig Iron,Down 10.58%
Mar 6, 2013On March 5, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in February this year it produced 775,500 mt of pig iron, down 10.58 percent, 818,100 mt of crude steel, down 8.26 percent, and ...
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