A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
CSC’s chairman Sung confirms his company’s investment valued at NT$4 billion in developing solar power business (photo courtesy of UDN.com).The Taiwan-based China Steel Corp. (CSC), the island's largest steelmaker by size, has ...
Tags: CSC, electric power supply, steel market
Distribution of China Cast Articles of Iron or Steel Export Enterprise No. Region Export Value Y-o-Y Volume(kg) Value(USD) Volume Value 1 Hebei ...
Tags: Cast Articles, Iron Articles
Jiangsu Shagang Group, China's biggest scrap buyer, cut buying prices Saturday for the raw material by Yuan 30/mt ($5/mt), in response to a slide in rebar prices, a company source said. After the adjustment, Shagang will pay Yuan ...
Tags: Ferrous Scrap, Rebar
Mainly benefiting cost savings from utilization of in-stock raw materials procured earlier at lower prices, Taiwan-based China Steel Corp. (CSC), the island's largest steelmaker by size, therefore chalked up a 54-percent growth in pretax ...
Tags: raw material, global market, coking coal, iron ore
Steel markets in China showed little reaction to the central bank's third interest rate cut in six months Sunday, May 10, with some citing the small magnitude of change as a reason. Spot offers for 18-25 mm diameter HRB400 rebar, a key ...
Tags: Steel Market, Iron Steel
The US sheet steel market remained stable but sluggish Monday as buyers sought price direction following last week's Thanksgiving holiday. One buyer said he believes the hot-rolled base price is at or close to bottom at about $630/st. ...
Tags: sheet steel, hot-rolled base, Mineral
According to the Economic and Steel Market Outlook 2014-2015/Q4 2014 Report from the Economic Committee of the European Steel Association (EUROFER), in the second quarter of the current year construction activity in the European Union (EU) ...
Tags: Steel Market, Mineral
Although 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
Economic growth in the EU has remained soft so far this year, with a particularly disappointing performance of the euro area in the second quarter, according to the Economic and Steel Market Outlook 2014-2015/Q4 2014 Report from the ...
Tags: Steel market, Steel Demand
At the Bureau of International Recycling (BIR) Autumn Convention held on 27-28 October in Paris, concerns have emerged regarding a matter which only a few market players have considered with due attention so far, i.e., the volumes of steel ...
Tags: BIR, Convention, Energy
With the weakening of domestic sales, Brazil steelmakers are looking to expand exports. According to executives from companies like Companhia Siderurgica Nacional (CSN) and Usiminas, the strategy of increasing exports would help steel ...
Turkish integrated steelmaker Erdemir has announced a net profit of TRY 344 million ($159.3 million) for the second quarter of the current year, increasing by nine percent year on year, while the company's sales revenues amounted to TRY ...
Tags: Turkey, Metallurgy, Energy
According to the Economic and Steel Market Outlook 2014-2015/Q3 2014 Report from the Economic Committee of the European Steel Association (EUROFER), in the first quarter of 2014 total EU steel exports decreased by 2.6 percent year on year. ...
Tags: steel, export, decrease, Metallurgy, Mineral
As of August 11, inventory of iron ore at 33 major Chinese ports amounted to 109.27 million mt, down 1.72 million mt or 1.54 percent compared to the inventory level recorded on August 4 , as announced by China's Xinhua News Agency on August ...
Tags: Iron Ore, Chinese Ports, Mineral