-
Fangda Special Steel Technology Co in East China’s Jiangxi province, one of China’s most profitable steel mills in 2018, saw its crude steel output down 5.7% on year in H1, as its NO. 2 blast furnace has been suspended since an explosion in late May, a company official confirmed on August 16.
-
Chongqing Iron & Steel Co (Chonggang) in Southwest China’s Chongqing municipality, continued with its revival after the ownership restructuring in November 2017, posting its H1 steel output at a record high of 3.3 million tonnes, according to its latest interim report.
-
Lu’an Steel Holding (Lu’an Steel), in Lu’an city in East China’s Anhui province, expects to complete its new 3 million tonnes/year steel plant by the end of this October, company officials disclosed on Friday.
-
Angang Steel Co (Angang), the listed arm of Anshan Iron & Steel Group, the largest steel mill in Northeast China’s Liaoning province, is rolling over its list prices for flat steel including hot-rolled coil for September sales, Mysteel Global learned from the company. For August sales, Angang had lifted its prices by Yuan 100-200/tonne ($14-28/t), as reported.
-
China Steel Corporation (CSC), Taiwan’s top steel producer headquartered in Kaohsiung, South Taiwan, is proposing to release its steel list prices on a monthly basis from 2020 rather than quarterly as now, to assist in enhancing the competitiveness of its downstream customers, it says.
-
China’s national economy had been steadily progressing up to July despite small wavering in some aspects last month, Liu Aihua, spokesperson of the National Bureau of Statistics, reassured the media at the press conference on August 14.
-
Shandong province in East China is still dealing with the damage after the Typhoon Lekima slammed the region on August 11-12, and industrial enterprises such as nonferrous smelters and steel mills have their operations affected, Mysteel Global understood from the local companies on Wednesday.
-
Jiangsu Shagang Group, China’s largest private steel company in East China’s Jiangsu province, has slashed its list prices for long steel for spot sales over August 11-20, axing its rebar price by Yuan 200/tonne ($28/t) and for wire rod and bar-in-coil by Yuan 150/t, according to the company’s latest pricing policy announced on August 11.
-
Baoshan Iron & Steel (Baoshan Steel), the listed-arm of China Baowu Steel Group, is lifting its list prices for carbon steel hot-rolled coils for September sales by Yuan 50/tonne ($7.1/t), according to the company’s latest release via its official We-chat site, posted late on August 9.
-
Note: Exchange rate in August 1US$=RMB 7.0136; Exchange rate in July 1US$=RMB 6.864; price excluding 13% VAT
-
Specification：DC51D＋AZ (Q/BQB 425-2009) Unit: Yuan/tonne
-
Specification：DC01(St12) (Q/BQB 403-2009) Unit: Yuan/tonne
-
Specification: Q235B Unit: Yuan/tonne
-
Sichuan Dazhou Iron & Steel Group Co (Dazhou Steel), a 3.2 million tonnes/year steelmaker in Southwest China’s Sichuan province, has finalized details of its relocation and upgrading plan, according to an announcement from the Dazhou Municipal Bureau of Economic and Information Technology posted earlier this week.
-
The agreement between Hebei Iron & Steel Group, China’s second largest steel producer based in North China’s Hebei province, and India’s Tata Steel, for HBIS to acquire a 70% stake in the latter’s steel business in Southeast Asia has been cancelled as HBIS had failed to obtain the necessary approvals for the deal from the Hebei provincial government, a HBIS official confirmed on August 7.
-
We’re more than half way through 2019 and here's a review of how the Chinese steel market has been faring so far, and what is expected of the world's largest iron ore consuming and steelmaking country for the rest of this year.
-
China’s Jiangsu Shagang Group, the country’s largest privately-owned steelmaker headquartered at Zhangjiagang city in East China’s Jiangsu province, has rolled over its list prices for all long steel products including rebar, wire rod and bar-in-coil for sales over August 1-10, according to the company’s latest pricing policy released on Thursday.
-
Baoshan Iron & Steel Co (Baoshan Steel), the Shanghai-listed arm of Baowu Steel Group (Baowu), China’s top steelmaker, has decided to establish a new company to be based in coastal Yancheng city in East China’s Jiangsu province, to facilitate the building of its 20 million tonnes/year greenfield steelworks there, the company announced on July 30.
-
Beijing Shougang Co (Shougang), the Shenzhen-listed arm of leading steel producer Shougang Group, produced 8.3 million tonnes of crude steel in the first half of 2019, up 10.9% on year, according to the semi-annual report of the listed company published late this month.
-
China Steel Corporation (CSC), Taiwan’s top steel producer headquartered in Kaohsiung, South Taiwan, announced on July 29 that its carbon steel sales for the first half of 2019 slipped by 7.4% on year to 5.1 million tonnes, as demand from downstream users shrank significantly compared with H1 last year, according to a company official.
