As of December 16, inventory of iron ore at 25 major Chinese ports amounted to 83.844 million mt, indicating a decrease of 975,000 mt or 1.15 percent week on week, as announced by China's Xinhua News Agency . As of the same date, the ...
Tags: iron, metallurgy
On December 17, Zhenjiang Province-based Chinese stainless steel pipe and tube producer Zhejiang JIULI Hi-tech Metals Co. (JIULI Hi-tech Metals, formerly known as Jiuli Stainless Steel Pipe Co.), a listed subsidiary of Zhejiang JIULI Group ...
Tags: steel, metallurgy
Germany-based Wuppermann Group, which has been operating in steel processing for over 140 years, has announced that it has acquired a 35 percent stake in Galva Metal A.S., a Turkey-based international steel distributor and steel service ...
Tags: steel, metallurgy
Russian mining and steel producing company Evraz Group has announced that it has now launched mass production of head-hardened R65 DT-350 rails, with the first large delivery - 10,000 mt of 25-meter rails - shipped to Russian Railways. ...
Tags: steel, metallurgy
On December 17, the China Iron and Steel Association (CISA) announced that in early December (Dec. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6951 million ...
Tags: steel, metallurgy, CISA
According to data released by the Korea Iron & Steel Association (Kosa), the country’s exports of hot rolled coils (HRC) totaled 417,800 tons in November, soaring by 23% year on year. It’s analyzed that the surge in HRC ...
Tags: steel, metallurgy, HRC
Russia’s United Metallurgical Co (OMK) has completed buying spring steel producer, Chusovoy Steelworks, which occupies 60% share of the Russian spring steel market. OMK had ever owned Chusovoy between 1997 and 2011. In 2014, OMK ...
Tags: steel, metallurgy
It’s reported that the Japanese steelmaker Tokyo Steel announced that it will adjust the size extras for its January contracts. Tokyo Steel will adjust size extra charges for some H-beams, channels and plate varieties that in some ...
Tags: steel, metallurgy, Tokyo
According to report, the Russian and Ukrainian steel maker continued to lift up the price as they mostly closed the booking for January. As the scrap prices and other commodities keep rising, as well as China cut the output for long lead ...
Tags: steel, metallurgy, HRC
Taigang Stainless, the largest stainless steel producer in China is going to negotiate with Korean steel mills about export prices of Austenite cold rolled stainless steel products for next February. It is reported that Asian stainless ...
Tags: stainless steel, metallurgy
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced that it signed an agreement on a strategic cooperative partnership with Changsha, Hunan-headquartered multinational heavy machinery ...
Tags: steel, metallurgy
China has extracted samples of high purity combustible ice, a kind of natural gas hydrate, for the first time in the east Pearl River Basi, the Ministry of Land and Resources announced, Xinhua reported. As methane makes up 99% of the ...
Tags: Combustible Ice, Metallurgy, Mineral, Energy
China's electricity consumption, an indicator of economic activity, rose 8.5 percent year-on-year to 448.5 billion kilowatt-hours in November. According to data from the National Energy Administration on Saturday, China's total power ...
Tags: Metallurgy, Mineral, Energy, Electricity Consumption
China's Ministry of Finance said Monday the country's export tax on indium will be lowered to 2% in 2014 from the current 5%. The cut follows years of lobbying by Chinese producers, who claim the tax has encouraged smuggling. China ...
Tags: Indium Export, Metallurgy
Oman Aluminum Rolling Co LLC. (OARC), the biggest project in aluminum fabrication industry of Sudan area will go into operation recently. They plan to hold opening ceremony in their company headquarters which located in Sohar industry ...
Tags: steel, metallurgy