On February 26, Anhui Province-based Chinese steelmaker Magang Group (Masteel) announced that its new slag processing project has been approved for financial support worth RMB 10 million ($1.6 million) by China’s central government. ...
Tags: Chinese steelmaker, converter slag processing plant, slag treatment
Jiangsu Province-based Chinese steelmaker Shagang Group has announced that it plans to issue short-term bonds worth RMB 3 billion ($477 million). The period of issuance of the short-term bonds is one year, with China CITIC Bank as the main ...
Tags: Shagang, steelmaker, steel
On February 21, Shandong Province-based Chinese steelmaker Jinan Iron and Steel Co. (Jigang) announced that in 2012 its plate plant produced over 1.123 million mt of finished steel, including 1.087 million mt of steel plates. Consumption of ...
Tags: plate plant, Iron, Steel
Profits earned by steelmakers in China's Hebei province in 2012 amounted to RMB 85.06/mt ($13.6/mt), far exceeding the average profit of RMB 2.68/mt ($0.43/mt) of medium and large steelmakers in China, as announced by provincial government ...
Tags: Steelmakers, Steel, steel exports
China’s National Development and Reform Commission (NDRC) has announced that as of February 20 railway freight charges in China have increased by RMB 0.015/mt/km ($0.0024/mt/km) to RMB 0.1301/mt/km ($0.0207/mt/km), rising by 13 ...
Construction work is continuing on the Yulong Lianfeng stainless steel cold rolled project in the city of Changge in China’s Henan Province and is expected to be completed by May this year, with production also expected to be launched ...
Hunan Province-based Chinese steelmaker Hunan Valin Iron and Steel Co. has announced that in 2013 it plans to produce 14.8 million mt of pig iron,15.51 million mt of crude steel and 15.07 million mt of finished steel.Meanwhile, the company ...
Tags: Valin Steel, finished steel, steel
On February 19, Zhejiang Province-based Chinese steelmaker Hangzhou Iron and Steel Group Company (HISGC) announced that in 2013 it plans to implement 43 technological upgrading projects, with a total investment of RMB 596.41 million ($95.58 ...
Jiangsu Province-based Chinese steelmaker Yonggang Group Co. has announced that on February 17 it officially launched construction of its new steel bar project which has a planned annual output capacity of 2 million mt. The project, which ...
Tags: Yonggang, steel bar, spring steel
Beijing-based Chinese steel giant Shougang Group has announced that in January of the current year the outputs of pig iron, crude steel, finished steel and iron ore concentrate at its subsidiary Shougang Tonggang Group were equivalent to ...
Tags: Shougang Tonggang, steel giant, steel
According to statistics released by Japan's Ministry of Finance, Japan's nickel ore imports totaled 431,199 metric tons in December last year, falling by 1.35 percent month on month and up 12.8 percent compared to December 2011. ...
Tags: nickel ore imports, nickel ore, ore
Reportedly, China's Shanxi Taigang Stainless Steel Co. Ltd. (Taigang) announced that it will issue RMB 2.5 billion of unsecured bills with a maturity of 365 days on the interbank market on February 18th. According to ...
Liaoning Province-based Chinese steelmaker Angang Steel Group (Ansteel) has announced that in January this year it produced 1.29 million mt of crude steel, up 16.5 percent year on year. Meanwhile, Ansteel’s outputs of pig iron and ...
Tags: Ansteel, crude steel, steelmaker
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp.has announced that it plans to issue short-term bonds worth RMB 6.3 billion ($1 billion), in a first phase of short-term bond issuance for the current year. The ...
Tags: steelmaker, short term bonds, iron ore
Shandong Province-based Shandong Iron and Steel Group has announced that in 2012 it achieved an operating revenue of RMB 112.3 billion ($18 billion). In 2012, Shandong Steel Group produced 23.3693 million mt of pig iron,23.0061 million mt ...
Tags: Shandong Steel, Steel Group, crude steel