On December 19, Beijing-based Chinese steelmaker Shougang Iron and Steel Co. announced that its net asset value is expected to increase by an estimated RMB 3.4 billion ($0.55 billion) due to its holding company BAIC Motor Corporation Ltd ...
Tags: steelmaker, Metallurgy
The signing of a free trade agreement (FTA) between China and Korea is expected to result in a structural change in trade patterns between the two counties. The FTA and its consequences thus offer a rare moment for Taiwan to review its ...
Tags: free trade agreement, tariff rates
In the third quarter of the current year, South Africa's seasonally adjusted gross domestic product (GDP) increased by 1.4 percent quarter on quarter, while the country's unadjusted GDP also increased by 1.4 percent compared to the same ...
Tags: gross domestic product, rubber products, plastic products
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported Tuesday that the US imported a total of 4,398,000 net tons (nt) of steel in October, including 3,396,000 nt of finished steel (up 12.8 percent ...
Tags: Steel Imports, Iron Steel
In the January-September period of this year, Japan's cold rolled sheet and strip shipments decreased by 2.9 percent on year-on-year basis to 4.78 million metric tons, according to the Japan Iron and Steel Federation (JISF) data. 53 percent ...
Tags: CR Sheet, cold rolled strip
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
In the first nine months of this year, Turkey's finished steel output increased by 1.2 percent year on year to 26.64 million metric tons, according to a report released by the Turkish Iron and Steel Producers' Association (TCUD). In the ...
Tags: Finished Steel, Iron, Steel
In the January-September period of this year, Turkey's steel exports decreased by 5.3 percent year on year to 13.61 million mt, while the value of these exports totaled $11.55 billion, down 2.9 percent, both on year-on-year basis, according ...
Tags: Steel Exports
Chinese steelmaker Shandong Iron and Steel Group (Shandong Steel) has announced that on November 14 it plans to issue short-term bonds worth RMB 3 billion ($0.49 billion) for a term of 365 days, in its fifth short-term bond issue in the ...
Tags: steelmaker, Shandong Steel
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first nine months of the current year, announcing an operating revenue of RMB 143.592 billion ($23.39 billion), up 0.93 ...
In the January-September period of the current year, China's crude steel output amounted to 618.00 million mt, up 2.3 percent year on year, as announced by China's National Development and Reform Commission (NDRC). The growth rate in ...
On October 29, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. Ltd (Masteel) announced its results for the first nine months of the current year. Accordingly, Masteel's operating revenues for the period in question ...
Tags: Maanshan Iron and Steel, Results, Energy
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has issued its financial results for the first nine months of the current year, posting an operating revenue of RMB ...
Tags: Chongqing Iron and Steel, Results, Energy
On October 28, the China Iron and Steel Association (CISA) announced that in mid-October (October 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - ...
Tags: Crude Steel, Crude Steel Output
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported Friday that the US imported a total of 3,892,000 net tons (nt) of steel in September, including 2,946,000 nt of finished steel (up 5.2 percent ...
Tags: Import Market, 29 Percent, Energy