As of December 31, inventory of iron ore at 25 major Chinese ports amounted to 84.197 million mt, indicating a decrease of 1.206 million mt or 1.41 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore, Chinese Ports
On December 30, Chinese steel producer Hebei Iron and Steel Group announced that in the current year up to and including December 25 the Yanshan iron ore mine of its subsidiary Hebei Iron and Steel Group Mining Co. achieved a total iron ore ...
Tags: steel, metallurgy
Major Chinese steel producer Hebei Iron and Steel Group Co. has announced that it plans to set up a wholly-owned trading subsidiary called Beijing Hegang Iron and Steel Trade Co. in Chaoyang, Beijing, with an investment of RMB 100 million ...
China will encourage Chinese steel enterprises suffering from overcapacity to transfer their businesses to overseas markets where the steel market is still very big, a top official was quoted in a statement published on the website of the ...
Tags: steel enterprises, steel industry
Tangshan Iron and Steel Group Co Ltd is leading the effort to go abroad as the country's steel and iron industry struggles with overcapacity, reports Du Juan from Tangshan, Hebei province Against the background of the overcapacity problem ...
Tags: Steel Capacity, Mineral
Reportedly, Zhang Changfu, the vice chairman and secretary general of the China Iron & Steel Association (CISA) said that the Chinese steel industry’s margin reached at 0.48% in the January-November period due to increasing steel ...
Tags: steel, metallurgy
Chinese steel mills are going to negotiate with Korean buyers about the export price of carbon steel hot rolled coil (HRC) for next February. So far, it is certain that the price would be surged by at least US$10/ton for next Jan-Feb ...
Tags: steel, metallurgy, HRC
Chung Hung Steel, one of the major carbon steel flat product manufacturers in Taiwan is expected to raise its prices for next January, supported by higher demand from Southeast Asia, Europe and the US and Chinese steel mills’ ...
Tags: steel, metallurgy, Taiwan
The China Iron&Steel Association will start publishing a daily iron ore price index from January next year,a CISA official said Friday. But the index was expected to have little impact on trading or prices,market sources said Friday. It ...
Tags: China Iron&Steel Association, daily iron ore price index, iron ore
Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co. (Bayi Steel), a subsidiary of Chinese steel giant Baosteel Group, has announced that it plans to increase the registered capital of its wholly-owned subsidiary Nanjiang Steel ...
Tags: steel, metallurgy
Construction commenced on December 19 on the new sintering plant project of Baosteel Zhanjiang Iron and Steel Co., the Zhanjiang, Guangdong-based subsidiary of Chinese steel giant Baosteel, as announced by Beijing-based state-owned China ...
Tags: steel, metallurgy
Australia's Aquila Resources said Thursday its major shareholder China's Baosteel has increased its ownership to 20% after purchasing an additional 4.6% stake of the Perth-based miner. Baosteel acquired 15% of Aquila in 2009. Aquila ...
According to the latest report of Latin American Steel Association (Alacero), the region imported 4 million tons of steel products from China from this January to September, which means an increase of 23% compare to same period last year. ...
Chinese steel producer Hebei Iron and Steel Group has announced that in November this year the Yanshan iron ore mine of its subsidiary Hebei Iron and Steel Group Mining Co. achieved an average daily iron ore concentrate output volume of ...
Tags: steelmaker, metallurgy, iron
On December 4, Sichuan Province-based steelmaker Panzhihua Iron and Steel Group (Pangang Group) announced that its subsidiary Sichuan-based Chinese steel producer Chengdu Steel & Vanadium Co.'s 650 mm x 45 mm 34CrMo4 cylinder steel pipe has ...
Tags: Panzhihua Iron and Steel Group, Chengdu Steel&Vanadium, 34CrMo4