-
Shandong Iron & Steel Group (Shangang) in East China’s Shandong province, had to modestly trim its greenfield specialty steel capcity in Linyi, a coastal city of Shandong on failing to acquire enough old capacity quotas to fulfil the original 6 million tonnes/year plan, according to a government notice.
-
China Baowu Steel Group Co, China’s top steel producer headquartered in Shanghai, has started building a 1.7 million tonnes/year cold rolling mill at its integrated Zhanjiang works in South China’s Guangdong province, a company official confirmed on Thursday.
-
Xingtai Iron & Steel Co (Xingtai Steel), China’s leading specialty wire rod producer based in Xingtai city in North China’s Hebei province, will relocate from its present location in the city area to a green-field site in a county about 1.5 hours away, a post on the website of Industry and Information Technology Department of Hebei province (Hebei DIIT) showed on June 3.
-
China Baowu Steel Group (Baowu), China’s largest steel producer, has been granted the controlling 51% stake in Magang (Group) Holding (Magang) free of charge, which will help with China’s steel industrial concentration drive and enable Baowu to catch up with ArcelorMittal, the world’s top steel mill, in capacity, Chinese market sources commented on Monday.
-
Tang Eng Iron Works Co (Tang Eng), Taiwan’s major stainless producer headquartered in Kaohsiung, South Taiwan, planned to set up a stainless hot-rolled coil mill in Indonesia with the capacity at 1 million tonnes/year at the maximum to enhance its competitiveness, a company official confirmed on May 31.
-
South Korea has rejected a proposal submitted by China’s Tsingshan Group and a local partner to build a cold-rolled stainless steel mill in Busan city in Korea’s southwest corner, according to announcements made by the Korean government and Korea Iron & Steel Association on May 30. Tsingshan, headquartered in East China’s Zhejiang province, is China’s and the world’s largest stainless producer.
-
The stated-owned Shandong Iron & Steel Group (Shangang) in East China’s Shandong province has proceeded with the second-stage development planning at its new Rizhao integrated steelworks in the coastal area of Shandong to expand the ultimate capacity to around 19 million tonnes/year, a Shangang official disclosed on Wednesday.
-
Fujian Dingsheng Iron & Steel, a newly established privately-owned steel producer in South China’s Fujian province, plans to commission two electric-arc-furnaces – the core of its ambitious high-end flat products project – by February 2020, the company has confirmed.
-
With the newly-incorporated Linyi Iron & Steel Investment Group joining in the efforts, Linyi city, a coastal city in East China’s Shandong province, is one step closer to building its 14 million tonnes/year high-end steel production base, a provincial government official confirmed on May 21.
-
The long-delayed relocation of upstream facilities belonging to Anyang Iron and Steel Co, the Shanghai-listed arm of Anyang Iron and Steel Group Co in Anyang City in Central China’s Henan province, to a greenfield site in the same province could begin within the next four months, according to a report on a local government website posted May 21.
-
The latest proposal by Zhongxin and Xugang in Xuzhou city, East China’s Jiangsu province, to build bigger and more efficient blast furnaces and converters via scrapping old facilities are interpreted as the city government’ efforts to upgrade and optimise its local steel capacity to please the Jiangsu provincial authority.
-
A newly-formed Chinese investment company intends to build an 8 million tonnes/year steel mill in Brazil for flat rolled steel under China’s “Belt & Road” initiative (BRI), a company official has confirmed. Though the feasibility study for the project has yet to be completed, its backers aim to commission the plant in 2025, Mysteel understands.
-
China will improve consolidation in the steel, coal and coal-fired power sectors this year, as part of the central government’s campaign to streamline the country’s heavy industries, according to a May 9 announcement published by National Development and Reform Commission (NDRC), China’s central planning agency.
-
Jiangsu province, China’s second largest steel production province after Hebei, has shared its detailed steel industrial upgrading and optimization plans and also volunteered to hit the ultra low emission requirements by the end of 2019, Mysteel Global understands.
-
China wants more of its steelmakers to locate at the coastal areas - not just for their health but for everyone else’s. Begun tentatively a decade ago when land was needed for special events – the 2008 Beijing Olympic Games and Expo 2010 in Shanghai, to name but two – the relocation of steelmakers from city areas to coastal regions is now a heavily-promoted industrial guidance upheld by many local and provincial governments. Less widely publicized are the merits for the involved steel mills to get to know their new neighbours.
-
Hebei, the top steel producing province in North China, will remove 14 million tonnes/year of steel capacity this year as part of its efforts to combat air pollution over the province, according to a post from Hebei’s Provincial Ecology and Environment Department on April 11.
-
Chinese steel producers in North China’s Hebei and Shanxi provinces are bringing back production at a fast pace, now that the production curbs in place for winter were lifted at the end of March, market sources said on Wednesday.
-
China Baowu Steel Group Co, China’s largest steel producer by capacity and headquartered in East China’s Shanghai municipality, has begun constructing a third blast furnace at its new steelworks in Zhanjiang city in South China’s Guangdong province, according to a release of Baowu’s official website on April 2.
-
Shanghai-listed Chongqing Iron & Steel Co (Chonggang), based at Chongqing city in Southwest China, expects to produce 5.86 million tonnes of molten iron, 6.4 million tonnes of crude steel and 6.13 million tonnes of finished steel products this year, according to its annual operation report released on Friday.
-
China’s stainless industry is on the path to having capacity of 56 million tonnes/year, given all the projects that have been newly-planned and under construction, Li Hua, president of Shanxi Taigang Stainless Steel Co, warned while addressing the 17th International Steel Market and Trade Conference on March 28 in Nanjing, East China’s Jiangsu province.
