Chinese steel giant Baosteel have informed its customer to remain its tinplate domestic prices unchanged for next January, according to market insiders. Meanwhile, it's learned that Baosteel has cancelled the special discount for ...
Tags: Baosteel, Tinplate Domestic Prices, Tinplate
The mystery of steel price plummeting amidst improving economic parameters in China can be imputed to destocking at the traders and stockiest end. Use of steel products particularly HRC as collateral for availing credit by the market ...
Tags: steel, steel products, iron, steel mills
Reportedly, the Chinese traders may cut the export quotes of hot rolled coils (HRC) by US$10~US$15/ton due to weak demand, according to market insiders. Traders indicated that the Chinese steel domestic prices started to rise since ...
Tags: hot rolled coils, HRC Export Prices, Chinese hot rolled coils
It's reported that Chinese steel industry will see a recovery from the fourth quarter of 2012 through the next year after posting huge losses of RMB 5.5 billion in the first three quarters of this year. According to Mr. Liu Zhenjiang, the ...
Tags: Chinese steel industry, medium-sized steel companies, steel industry
According to Luciano Siani, Director of Finance and Investor Relations of Vale, Chinese steel production is expected to grow about 3% in a period of between 5 to 10 years. He pointed out Chinese steel production is already growing ...
Tags: Chinese steel production, the GDP growth rate, steel production
Rio Tinto, the second-biggest iron ore exporter in the world, expects Chinese annual steel production will increase by around 30% to reach to 1 billion tons within the next two decades. Rio Tinto's chief economist Vivek Tulpule said that ...
Tags: Steel, Steel Output, iron ore
Economic Times reported that a Supreme Court committee is likely to recommend drastic action against miners in Goa including severe curbs on production in a move expected to hit the state's finances and devastate the country's scandal ...
Tags: miners, iron ore, iron ore industry
It’s reported that China Steel Corp. (CSC), the largest steelmaker in Taiwan may follow the Chinese steel mills' step to raise its list price slightly for next January and February. It’s learned that the major steelmakers ...
Chinese steel giant Hebei Steel announced to raise the prices for steel flat products by RMB50~RMB170/ton averagely for December. The firm decided to increase the prices for medium heavy plates and cd rolled steel plates/coils by ...
According to statistics, China imported 8.951 million tons of steel flat products in the first nine months of this year, falling by 11.7% year on year. Among them, 4.01 million tons were from Japan, decreasing by 18.2%; 1.19 million ...
Shangdong-based Taishan Steel plans to commission two stainless cold rolling (CR) mills at its works in Laiwu city in 2013. The company expects to put a 20,000 tpy precision strip mill into operation in June, 2013. The mill is designed ...
It is reported that Shangdong based Taishan Steel plans to commission two stainless cold rolling mills at its works in Laiwu city in 2013. The company expects to put a 20,000 tonnes per annum precision strip mill into operation in June, ...
Tags: Taishan Steel, stainless cold rolling mills, strip mill, steel
The Chinese Long Product Price Index CLPPI went down by 33 points whereas the Chinese Flat Products Index CFPPI gone down by 4 point. The overall price index CHISPI declined by 17 points. Class 26-Nov 27-Nov ...
Chinese steel giant Hebei Steel announced to raise the prices for steel flat products by CNY 50 to CNY 170 per tonne averagely for December 2012. The firm decided to increase the prices for medium heavy plates and cd rolled steel plates ...
Tags: Hebei Steel, steel price, steel market, steel flat product
Xinhua reported that China's steel industry will face better situations in the fourth quarter and in 2013 after posting whopping losses in the first three quarters. Mr Liu Zhenjiang vice president of the China Iron and Steel Association ...
Tags: China's steel industry, steel industry, recovery, steel market