Japanese steelmaker Kobe Steel, Ltd has announced that its Chinese steel wire processing joint venture, Kobelco Spring Wire (Foshan) Co., Ltd (KSW), located in Foshan, Guangdong Province, has started operations. Kobe Steel owns a 50 percent ...
Tags: Steel Wire, Steel, steelmaker
The local government of the Yanjiang district in Ziyang in China’s Sichuan Province has drawn up a five-year development target for the Ziyang- based facilities of Chinese steel pipe producer Baoji Petroleum Steel Pipe Co., involving ...
Tags: Yanjiang district, steel pipe, Baoji Petroleum Steel Pipe
Hebei Province-based Chinese steel producer Hebei Iron and Steel Group (HBIS) has announced that it has signed contracts for sales of 10.42 million mt of finished steel. The group’s deputy general manager, Zhang Hai, signed the ...
Reportedly, Chinese steel plate export prices on SS400 16-20mm with boron added fell to US$580~US$600/ton FOB China for April delivery, about US$20~US$30/ton lower compared to the previous week due to low export volumes and price decline in ...
Tags: steel plate, export price
Wuhan Iron and Steel Corp. (Wisco), a Hubei Province based leading Chinese steel and iron group has used 200mm x 200mm continuous casting large billets to produce nearly 90,000 tons of enhanced strength HRB400 rebar, accounting for almost ...
Australian miner Flinders Mines Limited has announced that it has signed a binding memorandum of understanding with four Chinese steel mills, allowing the steelmakers to evaluate whether the iron ore from Flinders' Pilbara iron ore project ...
Tags: miner, steel mills, steel
At the SteelOrbis 2013 Spring Conference & 68th IREPAS Meeting held in Doha on March 3-5, Phil Eglin from World Steel Dynamics (WSD) has said that the recent slowdown in Chinese steel demand is a result of the slowdown in fixed asset ...
Tags: steel demand, steel, Steel Dynamics
Bayi Steel, the Xinjiang-based subsidiary of Shanghai-based Chinese steel giant Baosteel Group, has announced that it plans to issue short-term bonds worth RMB 800 million ($127.4 million). The period of issuance of the bonds is one year, ...
Tags: Bayi Steel, Steel, steel giant
United Bank of Switzerland (UBS) hans announced its China steel market analysis report recently; according to its report, UBS said the current market demand in China has stayed normal but mills' capacity utilization have still stayed at the ...
Tags: Steel Industry, Steel, Steel Industry Profit, steel market
On February 21, Sichuan Province-based Pangang Xichang Steel & Vanadium Co., a subsidiary of Sichuan-based Chinese steel producer Panzhihua Iron and Steel Group (Pangang Group), has launched production at coke oven No. 4 of its coal ...
Tags: Xichang Steel, Steel, steel producer
Shanghai-based Chinese steel giant Baosteel Group has announced that the X70 line pipe steel produced by its Xinjiang-based subsidiary Bayi Steel has successfully passed tests carried out by PetroChina Co., and so Bayi Steel has become a ...
Tags: Line Pipe Steel, Pipe Steel, Steel
Hebei Province-based Chinese steelmaker Handan Iron and Steel Group Co., a subsidiary of major Chinese steel producer Hebei Iron and Steel Group, has won a contract to supply 1 million mt of HRB 400 rebar for Wudonghe Hydroelectric Power ...
Tags: Handan Steel, steelmaker, Steel
Guangxi Province-based Chinese steel structure manufacturing enterprise Fangchenggang Zhongyi Heavy Industry Co., a subsidiary of Hubei Province-based China First Metallurgical Construction Group Co., has announced that installation work ...
Australia’s Fortescue Metals Group, the world’s No.4 iron ore producer ranks behind Rio Tinto, Vale and BHP Billiton, reported 40% profit fall in first-half. Iron ore price fell sharply and costs rose as it ramped up ...
Tags: iron ore producer, iron ore, Iron ore price
Hebei Province-based Chinese steelmaker Tangshan Iron and Steel Co. has concluded a deal for the export of 4,000 mt of coated steel sheet to a construction company in Brazil, in its first export transaction for the product in question in ...
Tags: Tangshan Steel, Iron, Steel