Hunan Province-based Chinese steelmaker Hunan Valin Iron & Steel Co. (Hunan Valin Steel) has announced that in 2013 its net profit amounted to RMB 106 million ($17.26 million), compared to a net loss of RMB 3.254 billion in 2012. Valin ...
Tags: Valin Steel, Mineral
Heilongjiang Province-based Chinese steelmaker Beiman Special Steel Co. has announced that it has signed a strategic cooperation agreement for 2014 with its largest customer, Baosteel Group Changzhou Roll Manufacture Company, a wholly-owned ...
Tags: Special Steel, Mineral
Jiangsu Province-based Chinese steelmaker Shagang Iron and Steel Co. has announced that in 2013 it recorded an operating revenue of RMB 10.7 billion ($1.75 billion), down 11.56 percent, while it achieved a net profit of RMB 26.2524 million ...
Tags: Shagang, net profit, reducing costs and revising product structure
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has stated that its Hebei-based subsidiary Chengde Iron and Steel Co. exported a total of 51,000 mt of finished steel products in January of the current year, up 11 percent ...
Tags: Finished Steel, Mineral
Austria-based plantmaker Siemens Metals Technologies has announced that it will supply a new continuous galvanizing line for Chinese steelmaker Pangang Group's Chongqing plant. The line will process 450,000 mt of high-strength cold strip ...
Tags: Galvanizing Line, Mineral
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group (JISCO) has announced that in 2013 its Gansu-based subsidiary Hongxing Steel recorded an estimated net loss of RMB 2.35 billion ($385.2 million), as compared with a net ...
Tags: Hongxing Steel, Mineral, steelmaker
German plantmaker SMS Siemag has announced that it will modernize coiler No. 3 at the hot strip mill No. 2 of Chinese steelmaker Wuhan Iron & Steel (WISCO) to enable the coiler to wind hot rolled strip with a higher strength and in greater ...
Tags: High-Strength Steel, Mineral
Jiangsu Province-based Chinese steelmaker Shagang Group has announced that it plans to construct bonded warehouse facilities as well as shearing facilities in Jiulong Steel Logistics Park in Jiangsu. Accordingly, Shagang Group will invest ...
Tags: Shagang, steelmaker
On February 17, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that its subsidiary Hebei Iron and Steel Group Mining Co. (Hebei Steel Mining) produced 694,600 mt of iron ore concentrate in January this year, ...
Tags: Iron Ore, Concentrate
On February 18, Hubei Province-based Chinese steelmaker Daye Special Steel Co. announced its results for 2013, stating that its operating revenues for the year amounted to RMB 7.44 billion ($1.23 billion), decreasing by 8.43 percent, while ...
Tags: Daye Special Steel, steelmaker
Chinese steelmaker Bayi Steel's 1750 hot rolled unit has successfully rolled high-quality X80 pipeline steel which meets a high technical standard. X80 pipeline steel, a grade of steel plate with high strength and high corrosion ...
Tags: Steel, Metallurgy, Mineral
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co.(Shandong Steel)has announced that it achieved an operating revenue of RMB 120.6 billion($19.8 billion)and recorded a net loss of RMB 600 million($98.4 million)in 2013.In ...
Tags: steelmaker, Steel, Metallurgy
On January 27, Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. (Lingyuan Steel) announced that, according to its preliminary estimates, its net profit for 2013 increased by over 60 percent year on year. In 2012, the ...
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that its listed subsidiary Wuhan Iron and Steel Co. Ltd will see an estimated 50-100 percent year-on-year rise in its net profit for 2013. ...
Tags: steelmaker, reduced prices of raw materials, lower costs, net profit
Shandong Province-based Chinese steelmaker Qingdao Iron and Steel Group Co. (Qingdao Steel) has announced that it has signed a strategic agreement for further cooperation with Seoul-based South Korean company Kiswire. According to Qingdao ...
Tags: Kiswire, output, strategic agreement, steel