Liaoning Province-based Chinese steelmaker Angang Steel Co. (Ansteel) has issued its estimated financial results for 2012, announcing a total net loss of RMB 4.16 billion ($662 million), compared with a net loss of RMB 2.146 billion in ...
Tags: Ansteel, steelmaker, steel prices
On January 31, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co., Ltd issued its preliminary financial results for 2012. Accordingly, Hebei Steel has posted an estimated net profit of RMB 13.8-345.7 million ($2.2- 55 ...
Tags: Hebei Steel, steelmaker, steel prices
The China Iron and Steel Association (CISA) has stated that in 2012 the aggregate net profit of its 80 member steel enterprises in China totaled RMB 1.581 billion ($252 million), down 98.22 percent year on year. Meanwhile, last year the ...
Tags: Steel Association, CISA, steel enterprises
On January 31, Zhejiang Province-based Chinese steelmaker Hangzhou Iron & Steel Group Company (HISGC) announced its preliminary financial results for 2012, indicating a net loss of RMB 380 million ($61.3 million), compared to a net profit ...
Tags: Steel posts, steelmaker, steel industry
On January 31, Qinghai Province-based Chinese steelmaker Xining Special Steel Co. issued its estimated financial results for 2012. Accordingly, Xining Special Steel has estimated a net profit of RMB 20-50 million ($3.2-8.1 million) for ...
Tags: Special Steel, steelmaker, steel industry
On January 31, Anhui Province-based Chinese steelmaker Ma’anshan Iron and Steel Co. (Masteel) issued its anticipated financial results for 2012. Accordingly, Ma’anshan Steel has estimated a net loss of RMB 3.72-3.95 billion ...
Tags: Masteel, steelmaker, Steel
Chinese majority-owned coal producer Yancoal has announced that its open-pit mines Yarrabee and Middlemount have been affected by the heavy rainfalls impacting Australia's Queensland region. Production from the mines is likely to be ...
Tags: coal production, coal Exports, coal mining
In 2012, Sichuan Province-based Pangang Xichang Steel & Vanadium Co., a subsidiary of Sichuan-based Chinese steel producer Pangang Group, produced 5.98 million mt of pig iron, 5.4 million mt of crude steel and 21,100 mt of vanadium ...
Hunan Province-based Chinese steelmaker Hunan Valin Iron and Steel Group Co. has issued its estimated financial results for 2012, indicating a net loss in the range of RMB 3.1-3.3 billion ($494-525 million), compared to a net profit of RMB ...
On January 29, Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel Co., Ltd issued its financial results for 2012. Accordingly, Liuzhou Steel has posted an estimated net profit of RMB 121 million ($19 million) ...
Tags: Liuzhou Steel, steelmaker, steel prices
China’s Ministry of Commerce (MOC) has announced that during last week (January 21-27) the average steel price in China increased by 0.1 percent compared to the previous week. In particular, in the given week prices of 80 mm x 43 mm ...
Tags: steel price, channel steel, iron ore
Liu Jianxun, general manager of Jiangxi Province-based steel producer Pingxiang Steel (Pinggang), has announced that the company’s sales revenue in 2012 amounted to RMB 38.3 billion ($6.14 billion), while its net loss for the year was ...
On January 29, Jiangsu Province-based Nanjing Iron and Steel Union Co.(NISCO) issued its anticipated financial results for 2012. Accordingly, Nanjing Steel has estimated a net loss of RMB 580 million ($92 million) for 2012, compared to a ...
Tags: Steel, Iron, steel market
On January 29, Liaoning Province-based Chinese steelmaker Benxi Iron and Steel (Group) Co. (Bengang) announced an estimated net profit of RMB 100-150 million ($16-24 million) for 2012, down by 81.15-87.43 percent year on year, with earnings ...
Tags: steelmaker, Profit, steel market
In 2012, the industrial profits of enterprises above designated size achieved 5,557.8 billion yuan, a year-on-year increase of 5.3 percent. In December, the industrial profits of enterprises above designated size achieved 895.2 billion ...
Tags: Industrial Profits, 2012, Industry