Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has announced that as of February 4 it has spent RMB 1.97 billion ($314 million), including commissions, to buy back 424 million of its own shares, paying between ...
Tags: Baosteel, steelmaker, steel
In December last year, Japan's cold rolled sheet and strip shipments amounted to 496,022 metric tons, increasing by 2.8 percent month on month and down by 5.6 percent on year-on-year basis, according to the Japan Iron and Steel Federation ...
Tags: CR sheet, cold rolled sheet, strip shipments
Kobe Steel has reported the first nine months result ended December 31st of the financial year 2012/13. The company reported a net loss of 22.7 billion yuan compared to a net income of 12.6 billion yuan in the corresponding period of ...
Tags: Kobe Steel, Steel, crude steel
According to a statement released by the Turkish Iron and Steel Producers' Association (DCUD), in 2012 Turkey's finished steel production reached 34.3 million mt, up by 7.3 percent year on year. However, due to the global economic ...
Tags: steel output, flat steel, Steel Producers
The American Iron and Steel Institute (AISI) reported Monday that US raw steel production fell 0.3 percent in the week ending February 2, following a 1 percent drop the previous week. Total raw steel production in the United States ...
Tags: raw steel production, Iron, Steel
Liaoning Province-based Chinese steelmaker Benxi Iron and Steel (Group) Co. (Bengang) received export orders amounting to 340,000 mt in January of the current year, up by 21 percent on year-on-year basis, despite the sluggishness observed ...
Tags: Bengang, steelmaker, steel industry
In 2012, the crude steel and finished steel outputs of Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Co., Ltd (JISCO) both exceeded 10 million mt, while the company's annual sales revenue reached RMB 101.5 billion ($16.4 ...
Tags: crude steel, steel outputs, steelmaker
The new alloy steel bar project of Chinese steel producer Tianjin Rongcheng Iron and Steel United Group Co., Ltd officially commenced production on February 2, as announced by Beijing-based state-owned Metallurgical Corporation of China Ltd ...
Tags: Steel, steel bar project, steel producer
Hebei Iron and Steel Group, established in 2008 with the merger of Tangsteel and Hansteel in Hebei province, produced 69.23 million tons of steel, down by 2.8% year on year. In 2012, China has dominated the global steel production with ...
Tags: Hebei Iron and Steel Group, Crude Steel, Output, 2012
As of February 1, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in the major steel markets in China totaled 15.491 million mt, up 695,000 mt compared to the previous ...
Tags: steel inventory, plate, hot rolled coil
On February 3, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. (Group) Ltd announced that its output of crude steel amounted to 5.2225 million mt in 2012, while its sales revenue for the year reached RMB 25.916 billion ...
Tags: Steel, crude steel output, steelmaker
On February 4, Hebei Province-based Chinese steel producer Hebei Iron and Steel Group announced that it has won a tender to supply construction steel to Wudonghe Hydroelectric Power Station at Jinsha River, a project of the Chinese ...
Tags: Hebei Steel, steel producer, Steel
On February 4, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in January of the current year its outputs of pig iron and crude steel amounted to 867,300 mt and 891,800 mt respectively. ...
Tags: Baogang, crude steel, Iron, Steel
It’s reported that China Iron and Steel Association pointed out that its 80 member enterprises in China realized net profits of RMB1.581 billion in 2012, slumping by 98.22% from a year ago. In 2012, the 82 member enterprises posted ...
Tags: CISA, net profits, 2012
Hubei Province-based Chinese technology company WISCO Engineering Technology Group Co., a subsidiary of major Chinese steel producer Wuhan Iron and Steel (Group) Co. (WISCO), has signed an agreement with Taiwan-based China Ecotek Co., a ...
Tags: WISCO, steel producer, CSC