Reportedly, the current price on HRC SS400 3.0mm*1,250mm*C in Vietnam is at US$650~US$660/ton (VAT included), remaining unchanged from last week. However, trading volume remains low as the demand is still weak. Figures showed on April 18 ...
Tags: Metallurgy, Mineral, Energy
On April 23, Zhejiang Province-based Chinese steelmaker Ningbo Iron and Steel Co., a subsidiary of Chinese steel giant Baosteel, announced that in the first quarter of the current year its gross profit amounted to RMB 232 million ($37.3 ...
Tags: Ningbo Steel, Gross Profit
It's reported that Chinese steel giant Taigang released its price policy for hot rolled steel products and medium heavy plates for May. The company decided to cut the prices for hot rolled steel products and medium heavy plates by ...
Tags: steel, Metallurgy, Mineral
German steelmaker ThyssenKrupp's China-based joint venture with Chinese steel producer Ansteel is to build a new production line in Yufu Industrial Park in Liangjiang New Area in Chongqing which will produce hot dip galvanized (HDG) sheet ...
The Chinese steel giant Wuhan Iron and Steel Corp. (Wisco) released its price policy for May. The company decided to cut its list prices for hot rolled (HR) steel products by RMB200/ton for May. Also, it reduced its list prices for cold ...
Tags: HR Steel, Metallurgy, Mineral, Energy
Jiangsu Province-based Chinese steel producer Shagang Group has announced that it has transferred a 38.96 percent stake in Shandong Tiexiong Xinsha Energy Co., Ltd to Chinese metallurgical coke producer Shandong Coking Group Co., Ltd. ...
Tags: Shagang, Shandong Coking
On April 11, Beijing-based Chinese steel producer Shougang Group announced that in the January-March quarter this year its subsidiary Shougang Cold Rolled Sheet Co., Ltd produced 515,700 mt of cold rolled products, up 39.34 percent compared ...
Tags: Finished Steel, steel, Metallurgy, Mineral, Energy
On April 11, Sichuan Province-based Chinese steel producer Chengdu Steel & Vanadium Co., Ltd, a subsidiary of Sichuan-based steelmaker Panzhihua Iron and Steel Group (Pangang Group), announced that in March this year it sold 100,400 mt of ...
Tags: Metallurgy, Mineral, Energy, steel
Neville Power, CEO of Australia's third-largest iron ore producer Fortescue Metals Group, stated at the 2013 Boao Forum that the company is studying the feasibility of an initial public offering in Shanghai or Hong Kong for Hong Kong-based ...
Tags: Fortescue Mulls, JV Project, Baosteel
Neville Power, CEO of Australia's third-largest iron ore producer Fortescue Metals Group, stated at the 2013 Boao Forum that the company is studying the feasibility of an initial public offering in Shanghai or Hong Kong for Hong Kong-based ...
Tags: Fortescue Mulls, JV Project, Baosteel
Shanghai-based Chinese steel giant Baosteel announced on March 29 that in 2012, its annual operating revenue reached RMB 191.136 billion ($30.73 billion), down by 14.1 percent compared to RMB 222.505 billion ($35.77 billion) recorded in ...
Tags: Baosteel, Net Profit, Mineral
At 11th International Steel Market and Trade Conference held in the southern Chinese city of Guangzhou, Zhang Jinghua, the vice president of Beijing-based state-owned Sinosteel Corporation, stated that China’s steel trading sector is ...
In March this year, the purchasing managers’ index (PMI) of China’s steel sector decreased to 44.6 percent, sharply down 14.3 percentage points compared to the previous month, as announced by the China Steel Logistics Committee ...
Tags: Chinese Steel Sector, PMI, Mineral
Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co. (Bayi Steel), a subsidiary of Chinese steel giant Baosteel Group, has issued its final financial results for 2012, indicating a net profit of RMB 154 million ($25 million), down ...
Tags: Steel, Metallurgy, Mineral, Energy
Chinese steel giant Angang Steel Co. (Ansteel) announced on April 2nd that it turned profitable in the first quarter this year with net profit expected to reach RMB 550 million. Ansteel dedicated its reform in the management and ...
Tags: Metallurgy, Ansteel, profit