Industry & Market
Industry & Market
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Economies Overseas Witnessed a Gradual Recovery
Feb 20, 2014In 2013, amid slowing economic growth and sluggish demand in China, economies overseas witnessed a gradual recovery. Under such circumstances, China's stainless steel imports declined, while its exports continued to increase. Stainless ...
Tags: Stainless Steel, Mineral
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The Average Aggregate Daily Crude Steel Output Totaled 1.761 Million Mt
Feb 20, 2014On February 19, the China Iron and Steel Association (CISA) announced that in early February (Feb. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.761 million mt, ...
Tags: Crude Steel, Mineral
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The Shafts in Question Are Manufactured Using Wire Rod Produced by Baosteel
Feb 20, 2014According to Shanghai-based Chinese steel giant Baosteel Group, locking shafts for car shock absorbers produced by Shanghai Best Fastening Systems Co. have been approved by Tenneco (Beijing) Ride Control Systems Co. The shafts in question ...
Tags: Wire Rod, Shock-Absorber
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China Imported a Record 86.83 Million Mt of Iron Ore in Jan This Year,up 21.29 Million Mt
Feb 20, 2014China imported a record 86.83 million mt of iron ore in January this year, up 21.29 million mt year on year and up 13.45 million mt month on month, according to the Chinese customs authorities. Average daily iron ore imports in January ...
Tags: Iron Ore Imports, Mineral
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Production and Sales of Automotive Vehicles in China Amounted to 2.0517 Million Units
Feb 20, 2014In January this year, production and sales of automotive vehicles in China amounted to 2.0517 million units and 2.1564 million units, up by 4.4 percent and six percent year on year respectively, while on month-on-month basis production of ...
Tags: Auto Output, Mineral
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Average Aggregate Daily Crude Steel Output of Large&Medium-Sized Steel Enterprises in CHN
Feb 20, 2014On February 13, the China Iron and Steel Association (CISA) announced that in late January (Jan. 21-31) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6594 million mt, ...
Tags: Crude Steel, Mineral
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Shagang Group Plans to Construct Bonded Warehouse Facilities
Feb 20, 2014Jiangsu Province-based Chinese steelmaker Shagang Group has announced that it plans to construct bonded warehouse facilities as well as shearing facilities in Jiulong Steel Logistics Park in Jiangsu. Accordingly, Shagang Group will invest ...
Tags: Shagang, steelmaker
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Daye Special Steel Co. Announced Its Results for 2013
Feb 20, 2014On February 18, Hubei Province-based Chinese steelmaker Daye Special Steel Co. announced its results for 2013, stating that its operating revenues for the year amounted to RMB 7.44 billion ($1.23 billion), decreasing by 8.43 percent, while ...
Tags: Daye Special Steel, steelmaker
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In January,The Value of Taiwan's Iron and Steel Exports Increased by 0.58% Year on Year
Feb 20, 2014In January of the current year, the value of Taiwan's iron and steel exports increased by 0.58 percent year on year and by 5.25 compared to the previous month to $1.56 billion, according to the preliminary statistics issued by the Taiwanese ...
Tags: Iron, Steel Export
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China Imported 35.91 Million Metric Tons of Coal in January,up 17.5 Percent
Feb 19, 2014China imported 35.91 million metric tons of coal in January, up 17.5 percent from the same month of 2013, according to preliminary statistics released by the Chinese General Administration of Customs. The value of China's coal imports in ...
Tags: Coal, Metallurgy, Mineral, Energy
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The Steel Stock in 29 Major Cities Across The Country Hit a Four-Year Low
Feb 19, 2014The steel stock in 29 major cities across the country hit a four-year low after the Spring Festival holidays, news portal yicai.com reported Wednesday, citing data from the Beijing Lange Steel Information Research Center. The total ...
Tags: Steel Stock, Chemicals
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Weak Demand and Expectations of Lower Import Prices Had Weighed Down on LPG Spot Prices
Feb 19, 2014A combination of weak demand and expectations of lower import prices had weighed down on LPG spot prices in southern and eastern China over the week, domestic traders said Wednesday. Spot prices of imported LPG truck cargoes, including ...
Tags: LPG Prices, Import Prices
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China's Drive to Transform Its Economy
Feb 19, 2014China's drive to transform its economy, which includes reducing the role of energy-intensive industries and paring steel capacity, is driving up coal inventories at key ports as demand across a variety of sectors weakens. Inventories at ...
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A New Natural Gas Discovery in Southeast Sichuan Province
Feb 19, 2014A new natural gas discovery in southeast Sichuan province - the single biggest ever - could ease domestic shortages in as little as a year and give China a stronger hand in energy negotiations with Russia, according to some experts. China ...
Tags: natural gas, domestic shortages
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Sinopec Corp.Has Discovered a Shale Gas Well Located at a Depth of 4,417 Meters
Feb 19, 2014China's top refiner, Sinopec Corp., has discovered a shale gas well located at a depth of 4,417 meters with maximum daily output of 105,000 cubic meters in southwest China, authorities said Wednesday. According to the Ministry of Land and ...
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