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
East China's ferrous scrap prices fell sharply this week amid weaker raw material, finished steel and steel futures markets in the first-half of the week. Platts assessed heavy scrap over 6 mm at Yuan 2,320/mt ($377/mt) on a delivered ...
Tags: Ferrous Scrap, Raw Material, Steel Markets
Austria-based plantmaker Siemens Metals Technologies has announced that in July this year it put a continuous bloom caster into operation at Chinese steel producer Changzhou Zhongtian Iron & Steel (Zenith Steel). The continuous bloom caster ...
Tags: Zenith Steel
Changzhou Zhongtian Iron & Steel (Zenith Steel), a world leading private limited company engages in blast rolling mills has commissioned Simens to build continuous bloom caster for expansion. This project design for production of round ...
Tags: Zenith Steel, Siemens
It is reported that Zenith Steel produced pig iron, crude steel and steel products totaling 5.9112 million tonnes, 6.2461 million tonnes and 6.0977 million tonnes separately in the first ten months 2012, increasing by 3.6 percent, 6.89 ...
Tags: Zenith Steel, pig iron, crude steel, steel products, steel