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China Steel Corporation (CSC), Taiwan’s top steel producer headquartered in Kaohsiung, South Taiwan, has decided to undertake an extensive revamp of its No. 2 blast furnace and No.1 hot strip mill, the company announced on August 14. Neither project will be completed quickly, however.
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Anshan Iron and Steel Group (Angang), a key flat-steel producer headquartered in Anshan city in Northeast China’s Liaoning province, has elected to roll over its flat steel prices for sales in September, according to the company’s latest pricing policy released on August 14. Angang follows Baoshan Iron and Steel which has kept its list prices flat for September sales, effective last Friday.
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Baoshan Iron & Steel (Baoshan Steel), the listed arm of China Baowu Steel Group headquartered in Shanghai, has decided to increase hot-rolled coil list prices moderately by Yuan 50/tonne ($7.3/t) for September domestic sales at two of its four steelworks in consideration of the lukewarm market, market sources interpreted Baoshan Steel’s latest pricing policy.
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Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung city, Central Taiwan, is again rolling over its domestic sales prices for rebar and its procurement prices for locally-sourced scrap for the current August 13-17 week, a company official told Mysteel on August 13.
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Shagang Group, China's largest privately-owned steelmaker, has again raised its domestic rebar list prices, lifting these by another Yuan 100/tonne ($14.6/t) for sales during August 11-20, according to the company’s latest price policy released on August 11. The rise makes it three-in-a-row for the mill, namely the same Yuan 100/t increase for three successive sales period.
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Japan’s leading independent mini-mill, Tokyo Steel Manufacturing, raised its purchase price for all grades of steel scrap by Yen 500-Yen1,000/tonne ($4.5-9/t) effective from the morning of August 10 for all deliveries to its four steelworks and to its warehousing center in western Japan.
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Jiangxi PXSteel Industrial Co (Pinggang), a leading construction steel producer in East China’s Jiangxi province, has suspended its blast furnaces and sintering plants for five days starting August 6 as the steel mill is going through environmental protection inspections, according to Mysteel’s market monitoring.
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Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung city, Central Taiwan, has decided to again roll over its domestic sales prices for rebar and its procurement prices for locally-sourced scrap for the current August 6-10 week, a company official confirmed on August 6.
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Xinjiang Minxin Iron & Steel Group (Minxin Group), located in Northwest China’s Xinjiang Uygur Autonomous Region, is to take advantage of the central government’s ‘capacity swap’ regulations to remove old upstream facilities and rebuild in a less environmentally sensitive area.
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The city government of Hancheng, in Northwest China’s Shaanxi province, has signed a framework agreement with local conglomerate Shaanxi Shangruo Taiji Industry for a 3 million tonnes/year cold-rolled and galvanized strip project.
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Shagang Group (Shagang), China’s largest electric-arc-furnace (EAF) steelmaker headquartered in Zhangjiagang city in East China’s Jiangsu province, has decided to lift its steel scrap procurement prices by Yuan 100/tonne ($14.8/t), the steelmaker said in an announcement on August 2.
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Specification:
DC51D＋AZ (Q/BQB 425-2009) Unit: Yuan/tonne
Edited bywww.mysteel.net
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Specification:
DC51D+Z、CR1、DX51D、SGCC、St01Z、St02Z、St03Z (Q/BQB 420-2009) Unit: Yuan/tonne
Edited bywww.mysteel.net
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Specification: SPHC
Unit: Yuan/tonne
Edited bywww.mysteel.net
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Specification:DC01(St12) (Q/BQB 403-2009) Unit: Yuan/tonne
Edited bywww.mysteel.net
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Specification: Q235B
Unit: Yuan/tonne
Edited bywww.mysteel.net
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Note: Exchange rate in July 1US$=RMB 6.8165; Exchange rate in June 1US$=RMB
6.4804; price excluding 16% VAT
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Shagang Group, China's largest privately-owned steelmaker headquartered in Zhangjiagang city in East China's Jiangsu province, has decided to raise domestic rebar list prices by another Yuan 100/tonne ($14.7/t) for sales during August 1-10, according to the company’s latest price policy released on August 1. The company had lifted prices by Yuan 100/t for the July 21-31 period, as Mysteel reported.
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Zenith Steel Group Company, a leading producer of high-quality and special steel bar and wire rod in China, mulls relocating its steel capacities to the coastal city Nantong in East China’s Jiangsu province, a Zenith official confirmed a post by the Nantong government on July 31.
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Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung city, Central Taiwan, has decided to again roll over its sales prices for rebar and its procurement prices for locally-sourced scrap for the current July 30-August 3 week, a company official confirmed on July 30.
