Beijing-based Chinese integrated steel trading and logistics services provider Minmetals Development Co. has announced that it plans to launch an e-commerce platform for the iron and steel industry within the current year. Wang Jing, an ...
On October,18, Baosteel Special Steel and Hebei Hongrun Heavy Industry Co.,Ltd. Formally signed the Strategic Cooperation Agreement in Cangzhou, Hebei. Depending on the technology and brand advantage of Baosteel Special Steel, both sides ...
Tags: Special Steel, baosteel, steel
The Mexican National Mining Alliance warned this week that approval of the tax on coal production and carbon dioxide emissions would threaten to eliminate 400,000 direct and indirect jobs in the steel industry. Union leaders interviewed ...
Tags: Metallurgy, Mineral, Energy
After four years of product technology development, Baosight has recently launched medium and large capacity high-performance variable-frequency products through successive autonomous R&D. This signified Baosight took the lead in high-end ...
Tags: Metallurgy, Mineral, Energy, steel
On October 15, the Chinese government announced on its website that China is to focus on restructuring the iron and steel industry in the provinces of Shandong, Hebei, and Liaoning, and in certain other provinces. Accordingly, concentrating ...
Tags: Metallurgy, Mineral, Energy, Restructure Steel
Oman’s Anvwar Asian Investments (AAI) has settled with Ferrum Crescent to buy a 35% stake in Ferrum Iron Ore. AAI will pay Ferrum Crescent US$10 million for the shareholding and also invest USD 3.5 million to the Moonlight iron ore ...
Tags: Ferrum Iron Ore
Why did the significant growth observed in Turkish steel output following the 2008 economic crisis start to be replaced by reduced outputs this year? Will this declining trend in output slow down in the remainder of the year? After 2008, ...
Tags: Steel Output, Finished Steel
On September 26th, Fortune magazine released the results of assessment for 2013 Most Esteemed Chinese Companies. Ranked 15th , Baosteel is the only listed enterprise in iron and steel industry. Beginning in 2006, Fortune magazine focused ...
Tags: Baosteel, Fortune Magazine
Thermal expansion pipe is divided into seamless steel pipe and hot expanded seamless pipe, ERW high frequency by the former straight seam welded steel pipe hot expanding processing, the weld heat treatment at intermediate frequency weld ...
Tags: Pipe Welds, Machinery
The principle used in induction furnace is similar to that of the working of modifier. A procedure in which electrical conductors becomes heated through swirl flows tempted by a changing electromagnetic field. This invention is of fresh ...
Tags: Induction Furnace, Machinery
The global apparent steel demand growth expectation for 2013 of worldsteel has been revised upwards today, October 7, to 3.1 percent to 1.475 billion metric tons, up from 2.9 percent in the association's short range outlook published back ...
Tags: Steel Demand, Steel Industry
Chinese steelmakers, already obsessed with low profit margins, have been told to increase their environmental investment to help the country reduce air pollution. As part of an action plan to curb air pollution, the Chinese government is ...
Tags: steel, Construction
China's iron and steel industry earned 84.85 billion yuan ($13.87 billion) in the first seven months, an increase of 7.8 percent year-on-year, the National Development and Reform Commission said on its website on Wednesday. The ferrous ...
Tags: crude steel, Iron, Steel
On September 25, Dai Zhihao, general manager of Chinese steel giant Baosteel, forecast at an annual industry conference in the eastern Chinese coastal city of Qingdao that China's annual steel consumption will peak at 825 million mt in 2018 ...
Tags: Steel Industry, Steel Consumption
According to data released by China's National Development and Reform Commission (NDRC), the aggregate gross profits realized by the Chinese iron and steel industry totaled RMB84.85 billion in the first eight months of this year, rising by ...