On January 29, Jiangxi Province-based Chinese steelmaker Xinyu Iron and Steel Co. issued its estimated financial results for 2012. According to its preliminary calculations, Xinyu Steel recorded a net loss of RMB 950-1,050 million ...
Tags: Steel, China, steelmaker, iron
On January 29, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) announced that it has won a tender to supply steel pressure pipes and pressure plates for Kajiwa Hydropower Station, located on the Muli River ...
Tags: steelmaker, Mineral, Hydropower Station
On January 29, Sichuan Province-based Chinese miner Panzhihua Iron and Steel Mining Company (Pangang Mining Co.), a subsidiary of Pangang Group, announced that it is targeting an iron ore concentrate output of 12.05 million mt in 2013. This ...
Gansu Province-based Chinese steelmaker Hongxing Iron and Steel Co., a subsidiary of Gansu-based Jiuquan Iron and Steel Group (JISCO), has announced that it has raised funds worth RMB 8.058 billion ($1.28 billion) by issuing 2.172 billion ...
Tags: Jisco Hongxing Steel, Mineral, steelmaker
According to a report released by the German Federal Statistical Office (Destatis), in 2012 the average import price of iron ore decreased by 22.6 percent year on year in Germany. Destatis noted that the development of prices of metal ores ...
Tags: German, Iron Ore Import, Mineral
In 2012, 38 converters were put into operation in China, adding 45 million mt of new domestic crude steel production capacity, the China Iron and Steel Association (CISA) announced on January 28.32 of the converters were entirely new, with ...
Tags: Private Sector, Mineral, China, Crude Steel
Mexico’s apparent steel consumption amounted to 24 million tons in 2012, rising by 15.3% year on year, according to statistics released by the Planning Commission of the Chamber of Industry Iron and Steel (CANACERO). Meanwhile, ...
Tags: Mexico, Steel Consumption, Mineral
Hebei Province-based Chinese steelmaker Tangshan Iron and Steel Co., a subsidiary of Hebei Iron and Steel Group, has announced that its mill No. 2 has successfully produced its first batch of 25 mm HRB 500 high-strength rebar, amounting to ...
Tags: Hebei Province, steelmaker, Tangshan Steel
On Tuesday, US trade representative Ron Kirk announced his resignation and plans to step down in February. No successor was immediately named although a couple international economic policy aides are said to be frontrunners. "From ...
Tags: US, Trade Representative, Ron Kirk
Anhui Province-based Chinese steelmaker Ma’anshan Iron and Steel Co. (Masteel) has announced that testing of 128 of its newly-developed steel wheels with 1.25 meter diameter for high-power train locomotives has been successfully ...
Tags: steel wheels, steelmaker, Masteel
Hebei Province-based Chinese steelmaker Shijiazhuang Iron and Steel Co., a subsidiary of Hebei Iron and Steel Group, has issued its output results for 2012. Accordingly, Wang Liping, general manager of Shijiazhuang Steel, stated that in ...
Tags: Steel produces, crude steel
On January 28, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) announced that it has set up a trading office in the Russian capital Moscow after receiving approval from Russia’s justice ministry. ...
Tags: WISCO, Moscow, Trading Office
South Africa's primary carbon and alloy steel product imports (excluding semi-finished steel, stainless steel and drawn wire) amounted to 86,840 mt in November 2012, increasing 10.6 percent compared to October last year and up 13.4 percent ...
Tags: alloy steel imports, Carbon
The China Iron and Steel Association (CISA) has stated that in mid-January (Jan. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1,612,500 mt, down 3.73 percent ...
Tags: Crude Steel, Daily Output, Mid-Jan, China
WISCO Logistics Co., logistics subsidiary of Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO), plans to create the largest logistics center for steel trading in central China, as reported by Chinese media ...