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Chinese Steelmaker
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Shougang Steel Announced That Its Net Asset Value Is Expected to Increase
Dec 22, 2014On December 19, Beijing-based Chinese steelmaker Shougang Iron and Steel Co. announced that its net asset value is expected to increase by an estimated RMB 3.4 billion ($0.55 billion) due to its holding company BAIC Motor Corporation Ltd ...
Tags: steelmaker, Metallurgy
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Chinese Steelmakers Eyes on Overseas Markets
Nov 10, 2014Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
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Shandong Steel Plans to Issue Short-Term Bonds Worth RMB 3 Billion for a Term of 365 Days
Nov 3, 2014Chinese steelmaker Shandong Iron and Steel Group (Shandong Steel) has announced that on November 14 it plans to issue short-term bonds worth RMB 3 billion ($0.49 billion) for a term of 365 days, in its fifth short-term bond issue in the ...
Tags: steelmaker, Shandong Steel
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Baosteel Has Issued Its Financial Report for The First Nine Months of The Current Year
Nov 3, 2014Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first nine months of the current year, announcing an operating revenue of RMB 143.592 billion ($23.39 billion), up 0.93 ...
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Maanshan Iron and Steel Announced Its Results for The First Nine Months of Current Year
Oct 30, 2014On October 29, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. Ltd (Masteel) announced its results for the first nine months of the current year. Accordingly, Masteel's operating revenues for the period in question ...
Tags: Maanshan Iron and Steel, Results, Energy
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Chongqing Iron and Steel Has Issued Its Financial Results
Oct 30, 2014Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has issued its financial results for the first nine months of the current year, posting an operating revenue of RMB ...
Tags: Chongqing Iron and Steel, Results, Energy
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Yunnan Province-Based Chinese Steelmaker Kunming Iron & Steel Holding Co.
Oct 24, 2014On October 22, Kunming, Yunnan Province-based Chinese steelmaker Kunming Iron & Steel Holding Co. (Kunming Steel) announced that it will issue its first ultra short-term bonds for the current year on October 23, worth a total of RMB 500 ...
Tags: Kunming Steel
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Anyang Steel to Issue Short-Term Bonds Worth a Total of RMB 1 Billion
Oct 15, 2014Henan Province-based Chinese steelmaker Anyang Iron and Steel Co. (Anyang Steel) has announced that on October 16 it will issue short-term bonds worth a total of RMB 1 billion ($0.16 billion) for a term of 365 days. This will be the steel ...
Tags: Anyang Steel, Short-Term Bonds
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Hebei Iron and Steel Group to Increase Shareholding in Swiss-Based Duferco
Sep 17, 2014Chinese steelmaker Hebei Iron and Steel Group is said to be considering increasing its 10 percent shareholding in Swiss-based Duferco International Trade Holding, the world's biggest steel trader, as SteelOrbis has heard. The exact amount ...
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Hebei Iron and Steel Group Has Signed a MoU for The Joint Venture Steel Project
Sep 16, 2014Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced on September 12 that it has signed a memorandum of understanding (MoU) for the establishment of a high-volume joint venture steel project in South Africa together ...
Tags: Large Steel, Iron, Steel
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Tangshan Iron and Steel Exported 2.7003 Million Mt of Finished Steel
Sep 16, 2014Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the January-August period of the current year its subsidiary Tangshan Iron and Steel Co. (Tangsteel) exported 2.7003 million mt of finished steel, up ...
Tags: Finished Steel, Iron, Steel
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Baogang Registered an Operating Revenue of RMB 14.672 Billion in The First Half of 2014
Aug 29, 2014Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang) has announced that in the first half of the current year it registered an operating revenue of RMB 14.672 billion ($2.38 billion), down 23.70 percent year on year, ...
Tags: Baogang, steelmaker
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Shagang Co. Has Stated That in The First Half of The Current Year
Aug 28, 2014Jiangsu Province-based Chinese steelmaker Shagang Co. has stated that in the first half of the current year it achieved an operating revenue of RMB 5.302 billion ($0.86 billion), up 2.75 percent year on year, while it recorded a net profit ...
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Fujian Sangang Issued Its Financial Results for The First Half of The Current Year
Aug 27, 2014Fujian Province-based Chinese steelmaker Fujian Sangang (Group) Co. issued its financial results for the first half of the current year on August 25, announcing a net loss of RMB 43.1284 million ($7.01 million) compared to a net loss of RMB ...
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Baosteel Has Issued Its Financial Report for The First Half of The Current Year
Aug 26, 2014Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first half of the current year, stating that in the given period it achieved an operating revenue of RMB 97.598 billion ...
Tags: Baosteel, Financial Report, Metallurgy
