According to the latest data released by Statistics South Africa, in November this year the country's producer price index (PPI) for the basic iron and steel industry decreased by 1.2 percent compared to October and was up 12 percent ...
Tags: iron, steel, metallurgy
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
Overcapacity and low prices are eating into steel companies' profits, an industry specialist said. Zhang Changfu, secretary-general of the China Iron and Steel Association, said on Sunday that the profits of China's steel companies in the ...
Tags: Steel Companies, Mineral
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) announced on December 23 that it has signed strategic cooperation agreement with China State Construction Engineering Corporation (CSCEC), which is one of ...
Tags: steel, metallurgy
In November this year, Japan's iron and steel products exports amounted to 3.36 million metric tons, increasing by 2.56 percent year on year and up by 6.40 percent compared to October this year. Meanwhile, Japan's steel imports totaled ...
Tags: iron, steel, metallurgy
Pakistan's iron and steel scrap imports amounted to 106,191 mt in November this year, decreasing 20.65 percent compared to October and down 23.29 percent year on year, according to the data released by the Pakistan Federal Bureau of ...
Tags: iron, steel, metallurgy
On December 23, Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that it has issued 706.7 million non-public shares to raise a total of RMB 1.999 billion ...
Tags: steel, metallurgy
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group Co. (JISCO) has announced that it has lately signed a strategic cooperation agreement with Yancheng, Jiangsu Province-based Chinese company Yueda Group. JISCO stated ...
Tags: steel, metallurgy
According to the American Iron and Steel Institute, in the week ending December 21, 2013, US domestic raw steel production was 1,733,000 net tons while the capability utilization rate was 72.3 percent. Production was 1,785,000 net tons in ...
Tags: iron, steel, metallurgy
According to data released by the American Iron and Steel (AISI), the US steel mills' shipments totaled 8.29 million short tons in October, rising by 5.2% from a month ago and increasing by 11.5% year on year and rising by 5.2% from a month ...
Tags: Construction
The Australian government has announced that it has imposed antidumping (AD) duty on hot rolled steel plate imports from Japan, China, Indonesia and South Korea and countervailing duty (CVD) on the same imports from China. The antidumping ...
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
According to a report released by the German Federal Statistical Office (Destatis), in November this year the import price of iron ore increased by 19.5 percent year on year in Germany, remaining unchanged from the year on year increase ...
Tags: iron ore, metallurgy
In the first 10 months of this year, Japan's cold rolled sheet and strip shipments decreased by 1.12 percent on year-on-year basis, according to the Japan Iron and Steel Federation (JISF) data. The country's CR sheet and strip shipments ...
Tags: iron, CR, steel, metallurgy