Shanghai-based Chinese steel giant Baosteel Group has stated that special steel bars produced by its subsidiary Guangdong-based Shaoguan Iron and Steel Co. (Shaoguan Steel) have been approved by the International Automotive Task Force ...
Tags: Metallurgy, Mineral, Energy, Steel
Reportedly, rebar futures increased in the Shanghai Futures Exchange (SHFE) on expected reduction of output from Chinese steel mills. Price of rebar for May delivery increased to around RMB3,486/ton. It is said that China’s average ...
Tags: rebar futures, steel mills
A successful hot run test was carried out on January 14 on finishing units for the large-sized alloy steel bar line of Shandong-based Chinese steel producer Shouguang Juneng Special Steel Co., as announced by Beijing-based state-owned China ...
Tags: Special Steel, Finishing Units
ZHANG CHENGLIANG/CHINA DAILY Although China's economic growth is slowing down, ongoing urbanization will still strongly support demand for iron ore and steel products for a long time. "We have confidence in China's iron ore demand because ...
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list price for electric furnace (EF) Al-killed wire rods for February on January 16th. Industry sources predicted that CSC might leave its list price ...
According to the latest data from the China Iron and Steel Association, the daily average production of crude steel in China was expected to be around 1.96 million tons in the second half of December last year. This is the first time to ...
Tags: China Iron and Steel Association, daily average production, crude steel
According to a new study issued by the Latin American steel association Alacero analyzing the situation in Latin America in relation to indirect steel trade, namely, the exchange of manufactured steel-containing goods, manufacturing ...
Tags: Steel, Metallurgy, Mineral, Energy
On January 9, Inner Mongolia-based Chinese steel producer Baotou Iron and Steel (Baogang Group) announced that its rail and beam plant achieved a total output of 1.2651 million mt of steel rails in 2013, exceeding the production target for ...
Tags: Baogang Beam, Rail Plant, Steel Rail
Jiangsu Province-based Chinese steel pipe producer Changbao Steel Tube Co. has commissioned its production facilities for high-end oil well pipes, as reported by Beijing-based state-owned China Metallurgical Group Co. (MCC) on January 6. ...
Tags: Steel Tube Commissions, Pipe Production, Steel, Steel News
On January 8, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) announced that its plan to issue 4.2 billion non-public shares has been approved by China Securities Regulatory Commission (CSRC), China's top ...
Tags: Steel, Steel News, Chinese Steel
Chinese steel market sources expressed contentment Monday at the country's 85-86 million mt of iron ore inventories at over 20 major Chinese sea ports at present, saying this will likely help steel mills to stabilize imported iron ore ...
Iron ore prices could continue to trade above $130/dry mt CFR North China in the first quarter of 2014, after higher-than-expected steel production in China supported them last year, Macquarie analysts said Thursday. "We believe Q1 2014 ...
Tags: Iron Ore
According to a report from Alacero, finished steel imports from China to Latin America reached 4.7 million tons between January-November 2013, growing 17 percent versus same period of 2012. Latin America represented 10 percent of the global ...
Tags: steel, metallurgy
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced that its board of directors have approved a joint venture project for the construction of a high-strength galvanized automotive sheet ...
Tags: steel, metallurgy
In December last year, the purchasing managers index (PMI) of the Chinese steel sector stood at 47.7 percent, decreasing by 1.3 percentage points as compared to November and remaining below 50 for the fourth consecutive month, as announced ...
Tags: steel, metallurgy