It is reported that one of the biggest Chinese steelmakers Baotou Steel Union will raise US$4.9 billion private share placement in order to buy assets from its parent and replenish working capital. The Inner Mongolia-based company said in ...
Tags: steel, metallurgy
On January 3, Chinese steelmaker Chongqing Iron and Steel (Group) Co. announced that in 2014 it plans to produce 6.42 million mt of pig iron, 6 million mt of crude steel, 5.65 million mt of finished steel and 3.065 million mt of coke. The ...
Tags: steel, metallurgy
An agreement has been signed to build a cold rolled silicon steel coil project with an annual output of 100,000 mt in the city of Shahe in China's Hebei Province, as reported by local media sources in Hebei on January 3. The facility will ...
Tags: steel, metallurgy
Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel Co. (TISCO) has announced that it produced 9.98 million mt of crude steel in 2013, including 3.22 million mt of stainless steel. In addition, in the given year the company ...
Tags: steel, metallurgy
On January 6, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) announced that in 2013 it produced an estimated 39.68 million mt of crude steel, while it achieved an estimated net profit of RMB 1.5 billion ...
Tags: steel, metallurgy
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced that its board of directors have approved a joint venture project for the construction of a high-strength galvanized automotive sheet ...
Tags: steel, metallurgy
China exports were maintain sustained growth since the beginning of the year,it is according to the Chinese customs statistics that the total valume of import and export are over $2.05 trillion.It is including exports of $1.05282 trillion. ...
Tags: Stationery, Office Supplies
The U.S. ban on 40W and 60W incandescent bulbs put into effect by the U.S. Congress January 1st is an effort to promote more energy efficient lighting, such as CFLs and LEDs. China LED industry stocks boomed on the first working day of ...
Tags: LED Stocks, Incandescent Ban
At present, China's domestic industrial automation enterprises still lag behind foreign counterparts in technology, brand, product range and other aspects. However, domestic enterprises have certain advantages in cost, price, distribution ...
Tags: Industrial Automation, Manufacturing, Processing Machinery
Since 2004, driven by agricultural machinery subsidies and other favorable policies, China's agricultural machinery industry has achieved rapid development, the gross output value of agricultural machinery exceeded RMB 300 billion, total ...
Tags: Agricultural Machinery, Manufacturing, Processing Machinery
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that its cold rolling tinplate mill No. 4 was officially put into production on January 1. The cold rolling tinplate mill No. 4 is the key ...
Anhui Province-based Chinese steelmaker Magang Group has stated that its subsidiary Maanshan Iron & Steel Co., Ltd (Masteel) plans to acquire 11 percent of shares in Maanshan Iron & Steel (Hong Kong) Co., Ltd from Magang Group. Magang Group ...
Tags: steel, metallurgy, Hong Kong
In December last year, the average prices of new residential housing in 100 major cities in China rose by 0.70 percent month on month to RMB 10,833 ($1,776) per square meter, as announced on January 1 by the China Index Academy, a ...
Tags: housing price
On December 30, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang) announced that it plans to issue 8.255 billion shares to its controlling shareholder Baogang Group and six other companies. The total of RMB 29.8 ...
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co. (Shandong Steel) announced on December 30 that it has sold an 80 percent stake in Jinan Steel International Trade Co. and a 100 percent stake in Shandong Laiwu Steel ...
Tags: Shangdong Steel, Subsidiaries