It’s reported that the Chinese steelmaker Shagang announced to remain its list prices for Q235 hot rolled coils (HRC) and medium heavy plates unchanged for December. However, Shagang hiked its prices for SPHC HRC by RMB50/ton. ...
The first phase of the stainless steel cold rolled deep-processing project, i.e., a 1,450 mm cold rolled wide strip production line, of Guanghan, Sichuan Province-based Chinese steelmaker Tiancheng Stainless Steel Co., a subsidiary of ...
Tags: steel, investment
On November 28, Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group Co. (JISCO) announced that it plans to issue medium-term notes worth RMB 3.8 billion ($622.9 million) on December 5. This will be the company’s first ...
Tags: steelmaking, metallurgy
Reportedly, the Chinese steelmaker Baosteel announced to remain its list prices for tinplate unchanged for next January. Also, Baosteel kept its tinplate list prices flat for consecutive three months. It’s learned that the ...
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has announced that 1.996 billion of its shares were issued to Chongqing Steel Group on November 25, marking the ...
Tags: Chongqing Steel, Mineral
Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China Wednesday held steady on the week at Yuan 6,850-7,000/mt (85-86.5 cents/lb), on a delivered basis including 17% VAT, despite a cut in the December bid price by Jiuquan ...
Tags: high carbon ferrochrome, Energy
On November 27, Hebei province-based Chinese steelmaker Hebei Iron and Steel Group Co. announced that the low carbon cold rolled and hot dip galvanized (HDG) products of its subsidiary Tangshan Iron and Steel Co. (Tangsteel) have received ...
Tags: Tangsteel, CR, HDG, product, receive, certification, Malaysia
Finland-based steelmaker Ruukki has announced that it has completed employer-employee negotiations, resulting in the cutting of 95 production jobs. The negotiations were initiated in October due to overcapacity and weakened market ...
Tags: Ruukki, cut, production, job
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co. (Shandong Steel) announced on November 26 that it plans to sell its 80 percent stake in Jinan Steel International Trade Co. (Jigang International Trade) and its 100 ...
Tags: Shandong Steel, sell, asset, RMB, million
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan has been successfully developing high-end automobile steel in India and the production volumes keep expanding also. At present, India is one of CSC’s targeted markets. ...
Tags: CSC, expand, automotive, production, volume, India
Chinese steelmaker Hebei Iron and Steel Group has announced that its Hebei-based subsidiary Chengde Iron and Steel Co. has dismantled its 40 mt converter, within the scope of efforts to eliminate backward or dated steel production ...
Tags: Chengde Steel, dismantle, converter
Henan Province-based Chinese steelmaker Jiyuan Iron and Steel (Group) Co. (Jiyuan Steel) has signed a strategic cooperation agreement with Sino Steel Zhengzhou Research Institute of Steel Wire Products Co., Ltd., according to local media ...
Tags: Jiyuan Steel, focus, developing, technology, product
On November 25, major Chinese steelmaker Baoshan Iron and Steel Co. (Baosteel) announced that on November 20 Baosteel-Nippon Steel Auto Sheet Co., the Shanghai-based joint venture of Baosteel and Japan's Nippon Steel Corporation, started ...
Reuters reported that stainless steelmaker Aperam and the Italian stainless steel producers Arvedi and Marcegaglia, have stepped up on its bid for Outokumpu Italian steel mill, Terni as the seller, Outokumpu expressed that the bids they ...
Tags: Aperam, Arvedi, Marcegaglia, raise, bid, Outokumpu, Acciai
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. (WISCO) has announced that the output of automotive sheet at the cold rolling production facilities of its Fangchenggang iron and steel base in Guangxi Province hit a record ...
Tags: Auto Sheet Output