The China Iron and Steel Association (CISA) has announced that in early-October(Oct. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7641 million mt, down 1.34 ...
Tags: Metallurgy, Mineral, Energy, Crude Steel
As of October 14, inventory of iron ore at 25 major Chinese ports amounted to 74.84 million mt, indicating an increase of 1.57 million mt or 2.14 percent week on week, as announced by China's Xinhua News Agency on October 15. As of the ...
Tags: Iron Ore, Metallurgy, Mineral
The China Iron and Steel Association (CISA) has announced that in late September (Sept. 21-30) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.788 million mt, up 0.5 ...
Tags: Crude Steel, Metallurgy, Mineral, steel
Stockpiles of iron ore at a sample of 25 major Chinese ports declined last week, according to Tuesday's Xinhua-China iron ore index report. At the end of the Sept 24 to Oct 7 period, inventories of imported iron ore at the ports stood at ...
Tags: Iron Ore
As of October 7, inventory of iron ore at 25 major Chinese ports amounted to 73.27 million mt, indicating an decrease of just 58,000 mt or 0.08 percent week on week, as announced by China's Xinhua News Agency. As of the given date, the ...
Tags: Iron Ore, Chinese Ports
The China Iron and Steel Association (CISA) has announced that in mid-September (Sept. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7795 million mt, up 0.97 ...
Tags: Crude Steel, Mineral
The China Iron and Steel Association (CISA) has announced that in the first eight months of the current year the aggregate gross profit of its member enterprises amounted to RMB 8.087 billion ($1.308 billion), while in August alone the ...
Tags: Steelmaker, Mineral
Chinese steelmakers, already obsessed with low profit margins, have been told to increase their environmental investment to help the country reduce air pollution. As part of an action plan to curb air pollution, the Chinese government is ...
Tags: steel, Construction
Major steel companies will achieve profits of 20 billion yuan ($3.25 billion) for the year, more than a tenfold increase on last year, even though the industry faces problems, including overcapacity and rising costs, a leading industry ...
Tags: Construction, steel
On September 25, Dai Zhihao, general manager of Chinese steel giant Baosteel, forecast at an annual industry conference in the eastern Chinese coastal city of Qingdao that China's annual steel consumption will peak at 825 million mt in 2018 ...
Tags: Steel Industry, Steel Consumption
Chinese steelmakers should reduce the amount of iron ore they buy through long-term contracts in favor of purchasing from the spot market, through trading platforms, the China Iron & Steel Association said Wednesday. "Mills should ...
Tags: Chemicals
Stockpiles of iron ore at 25 major Chinese ports declined last week, according to Tuesday's Xinhua-China iron ore index report. Inventories of imported iron ore stood at 74.32 million tonnes from Sept. 17 to 23, down 990,000 tonnes or ...
BEIJING-Signs of more appetite in China for steel and other materials and equipment used in construction add to evidence of an economic rebound, but one driven by a return to ramped-up spending on infrastructure and heavy industry the ...
Tags: Steel, Metallurgy, Mineral, Energy
It might sound ridiculous for a steelmaker to raise pigs, but Chinese steelmaking firms are showing unprecedented interest in non-steel businesses to cope with the challenge of low profits amid a downturn. Non-steel business turnover of ...
Tags: steel, Non-Steel, Construction
The domestic iron and steel industry began to turn a profit in July largely driven by the rebound of market demands and steel prices, but this may be hard to maintain in the fourth quarter as the cost of raw materials will increase, the ...
Tags: Steel, Iron, Construction