Industry & Market
Industry & Market
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Tang Eng Mulls to Cut Is Stainless Steel Production Further in 2014
Dec 4, 2013Tang Eng, one of the major stainless steel producers in Taiwan mulls to cut is stainless steel production further in 2014 since the supply continues exceeding demand. In November, Tang Eng’s crude stainless steel output at its ...
Tags: Stainless products, steel, Construction
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Feng Hsin to Cut Its Wire Rod and Bar Price After The Company
Dec 4, 2013Feng Hsin, one of the major electric furnace mills in Taiwan, has followed up with Chia Steel Corp.'s step to cut its base price by NT$400/ton for carbon steel wire rod and bars in this December. After Feng Hsin's new price has been ...
Tags: Wire Rod, Steel, Construction, taiwan
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PMI for China Rose to a Final Reading of 50.8 in November
Dec 4, 2013The HSBC purchasing managers' index (PMI) for China rose to a final reading of 50.8 in November, almost unchanged from the 50.9 recorded in October and up from the previously released flash estimate of 50.4 for November, HSBC Holdings PLC ...
Tags: manufacturing, PMI
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141 Million Unrestricted Tradable Shares Were Pledged to China Fortune Trust
Dec 4, 2013On December 2, Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that 141 million unrestricted tradable shares of the company (representing 3.79% of its total ...
Tags: steelmaker, metallurgy
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In November, Non-Manufacturing Purchasing Manager Index Was 56.0 Percent
Dec 4, 2013China's Non-manufacturing PMI Decreased in November National Bureau of Statistics of China Department of Service Statistics of NBS China Federation of Logistics and Purchasing (CFLP) In November, non-manufacturing purchasing manager ...
Tags: Service
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Canfor Set up a Joint Venture Company Together with The Tangshan Caofeidian Wood Industry
Dec 4, 2013The Canadian timber group Canfor has set up a joint venture company together with the Chinese company Tangshan Caofeidian Wood Industry. According to a press report issued by Canfor on 26 November, each company is to hold 50% of shares in ...
Tags: Construction, wood
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The Cold Rolling Mill of Hansteel Received Orders for 293,000 Mt of Automotive Grade Sheet
Dec 4, 2013On December 2, Hebei Province-based Chinese steel producer Hebei Iron and Steel Group (HBIS) announced that in the first 11 months of the current year the cold rolling mill of its subsidiary Handan Iron and Steel Co. (Hansteel) received ...
Tags: steel, Metallurgy, Mineral, CR Sheet
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The Average Prices of New Residential Housing in 100 Cities in China Rose by 0.68 Percent
Dec 4, 2013In November this year, the average prices of new residential housing in 100 cities in China rose by 0.68 percent month on month to RMB 10,758 per square meter, as announced on December 1 by the China Index Academy, a Beijing-based real ...
Tags: Residential Housing, Construction
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China's Hebei Iron and Steel Reported Its First Nine Months Net Profit Dropped by 68.17%
Dec 4, 2013It’s reported that the world's second largest steel group, China's Hebei Iron and Steel reported its first nine months net profit in 2013 dropped by 68.17% year on year. The company said the main attributes are the sluggish steel ...
Tags: metallurgy, steel
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Chinese Shagang Announced to Leave Most HRC Prices Unchanged for December
Dec 4, 2013The Chinese steelmaker Shagang announced to leave its ex-work prices for most hot rolled coils unchanged for December, except a rise of RMB50/ton on SPHC grade HRC. After the announcement, the prices for Q235 HRC with thickness of 5.5mm ...
Tags: metallurgy, steel
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CSC's net Sales Profit in Next Q1 Should Be Able to Stay at Level of NT$3 billion
Dec 4, 2013Taiwan's China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan has announced to cut its new price by average 0.75% for next January and February, this number is actually lower than most market analysts' expected. One market ...
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The Continuation of Extended Cooperation Agreement Will Benefit Relationship
Dec 4, 2013Wuyang Steel, a subsidiary of Hebei Iron and Steel Group has continued to cooperate with Sinopec who is a state-owned Chinese super-large petroleum and petrochemical enterprise group to extend business in steel as a first approved steel ...
Tags: Construction, steel
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Taiwanese Yieh Hsing Announced That The Company Will Cut Its Carbon Steel Wire Rod Price
Dec 4, 2013Yieh Hsing Enterprise, one of the major wire rod makers in Taiwan, announced that the company will follow up with China Steel Corp. (CSC)'s step and cut its carbon steel wire rod price for December. However, Yieh Hsing will only release the ...
Tags: Construction, taiwan, Steel Wire Rod, Carbon Steel
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Taiwanese Tang Eng Has Finally Decided to Keep Its Prices Unchanged for This December
Dec 4, 2013Tang Eng, one of the major stainless steel flat producers in Taiwan, said that after its long time discussion, the company has finally decided to keep its prices unchanged for this December. Some of Tang Eng's sales person said it might be ...
Tags: taiwan, Construction, stainless steel flat
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During These Days, The Indian Domestic Demand for HRC Still Remained Weak
Dec 4, 2013During these days, the Indian domestic demand for hot rolled coils (HRC) still remained weak. Currently, China offers US$530~US$535/ton FOB for HRC with boron to India. Considering adding the freight, the CFR price would reach ...
Tags: HRC, Construction
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