Industry & Market
Industry & Market
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Hanlong Is in View of a Partnership with State Owned Enterprises to Build up a Mine
Jan 5, 2013Private company Sichuan Hanlong Company, after the approval of Anshan Steel s biggest ever expansion plan on iron ore mines, is in view of a partnership with state owned enterprises to build up a major iron ore mine in western Africa. ...
Tags: Sichuan Hanlong Company, Anshan Steel, iron ore, mining
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2012 Can Be Certainly Be Christened as a Doomsday Year in Chinese Steel Industry
Jan 5, 20132012 can be certainly be christened as a Doomsday year in Chinese steel industry with market buried under an avalanche of overcapacity pushing prices down by more than 12 % YoY. The malaise is evident from the fact that the estimated ...
Tags: Chinese steel industry, overcapacity pushing prices, steel market, China
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Yieh Hsing Raise The Prices for Wire Rods by NT$500/Ton for January
Jan 5, 2013Yieh Hsing, one of the major wire rod producers in Taiwan announced to raise the prices for wire rods by NT$500/ton for January. After the adjustment, the firm’s list prices for Al-killed wire rods are at NT$23,300/ton; those for ...
Tags: Yieh Hsing, wire rod producers, Taiwan, prices
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Feng Hsin Raise Its Rebar Prices by Nt$400/Ton to Nt$18,900/Ton for This Week
Jan 5, 2013Feng Hsin, one of the major steel long product makers in Taiwan announced to raise its rebar prices by NT$400/ton to NT$18,900/ton for this week. Besides, the company increased its scrap prices by NT$400/ton to NT$11,500~NT$12,200/ton for ...
Tags: Feng Hsin, steel, Taiwan, rebar prices
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The Stainless Steel Product Stocks in The Chinese Foshan Market Totaled 117,166 Tonne
Jan 5, 2013According to local sources,the stainless steel product stocks in the Chinese Foshan market totaled 117,166 tonne in the last 10 days of December,decreasing by 3.13%from the previous 10 days. Among them,54,624 tons were cold rolled ...
Tags: Foshan Market, Stainless Steel, Stocks
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Krakatau Steel Has Announced a Long Products Joint Venture with Japanese Osaka Steel
Jan 5, 2013It is reported that Indonesia’s Krakatau Steel has announced a long products joint venture with Japanese Osaka Steel. It’s learned that the two companies has already signed a joint venture agreement on December 26th, 2012 to set ...
Tags: Krakatau Steel, products, joint venture, Osaka Steel
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Sesa Goa Shares May Remain in Focus as Iron Ore Prices Are Trading at a Seven Month High
Jan 5, 2013Business Line reported that Sesa Goa shares may remain in focus as iron ore prices are trading at a seven month high. Iron ore prices gained momentum as China’s factory output and retail sales jumped for the last three months, ...
Tags: Sesa Goa, iron ore prices, China, factory output, retail sales
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It Will Jointly Study Shale Gas Development with ConocoPhilips in Southwest
Jan 5, 2013THE Sinopec Group, the world's fifth largest oil company said that it will jointly study shale gas development with ConocoPhilips in southwest China's Sichuan Basin over the next two years. A statement from Sinopec said the Sinopec ...
Tags: THE Sinopec Group, oil industry, shale gas, ConocoPhilips
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There Might Be a Big Damper for The Country's Steel Industry
Jan 5, 2013China Daily reported that if the lottery system allowing people to purchase automobiles in first-tier cities was expanded to all major cities across the country, it would be a big damper for the country's steel industry. China's steel ...
Tags: lottery system, automobile, steel industry, China
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CSC The Largest Carbon Steelmaker in Taiwan Is Going to Release Its List Prices for March
Jan 5, 2013China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for March. Market participants forecasted that CSC might raise its steel plate prices by more than NT$500/ton for March, driven by ...
Tags: CSC, carbon steelmaker, Taiwan, prices
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Taigang Stainless Planned to Produce Crude Stainless Steel in 2013,Rising by 9.7%
Jan 5, 2013Taigang Stainless, the largest stainless steel producers in China planned to produce 3.4 million tons of crude stainless steel in 2013, rising by 9.7% from 3.1 million tons in 2012. In 2012, Taiyuan Iron & Steel Group (Tisco), the ...
Tags: Taigang Stainless, stainless steel, China, 2013
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China's Competition Officials Are Still Weighing Dole Food Co's Deal
Jan 5, 2013China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
Tags: Dole Food Co, global packaged food, fresh businesses, company news
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Iron Ore Shipments to China Surged 25% in December
Jan 5, 2013Reuters reported that iron ore shipments to China from Australia's Port Hedland,a bellwether for Chinese industrial activity,surged 25%in December,from the previous month. Port authority data said that China imported 20.23 million tonnes ...
Tags: Port Hedland, China, iron ore, Australia
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a Chinese Steel Company Is Set to Open a Pipe Mill This Spring
Jan 5, 2013A Chinese steel company is set to open a pipe mill this spring,bringing hundreds of jobs to an area already thriving from the oil and gas industries and injecting a multi-billion dollar boon to surrounding cities and towns over the next ...
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Tianjin Port's Cargo Announced Its Cargo Throughput Reach Record
Jan 5, 2013Tianjin Port(Group)Co Ltd,the largest port operator in North China,has announced its cargo throughput reach record high of 476 million metric tons in 2012,reflecting a YoY increase of 5.3%. Source reported that last year,the port's ...
Tags: Tianjin Port, cargo throughput, record high, 2012
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