Latest news on China Spring Steel markets

Japan’s Daido up Jan special steel list prices by $97/t

Japan’s Daido Steel, a special steel producer under Nippon Steel, has decided to add Yen 10,000/tonne ($97/t) to its special steel products including structure steel, spring steel, bearing steel and tool steel for January sales or February shipments to pass on part of the higher input costs and to m

Fangda Special Steel profit leaps 85% on higher output

Fangda Special Steel Technology Co (Fangda Special Steel), the listed arm of Jiangxi Fangda Iron and Steel Group headquartered in East China’s Jiangxi province, posted a net profit of Yuan 1.3 billion ($190.8 million) during the first half of this year, up by a huge 85.4% on year. The steelmaker’s

China Key Special Steel Enterprises' crude steel output (Jan-Feb)

Total 21,424.85 19,815.88 1,608.96 8.12% 8,134.55 7,966.96 167.59 2.10% 1.1 ordinary non-alloy steel 2,232.09 2,192.76 39.34 1.79% 1.2 high-quality non-alloy steel 4,561.98 4,528.44 33.54 0.74% 1.3 special-quality non-alloy steel 1,340.48 1,245.77 94.72 7.60% 1.3.1 special carbon structure stee

China Key Special Steel Enterprises' steel output (Jan-Feb)

Total 19,410.41 18,256.58 1,153.83 6.32% 7,163.37 7,174.48 -11.10 -0.15% 1.1 ordinary non-alloy steel 1,889.40 1,814.29 75.11 4.14% 1.2 high-quality non-alloy steel 3,996.31 4,216.49 -220.17 -5.22% 1.3 special-quality non-alloy steel 1,277.67 1,143.70 133.97 11.71% 1.3.1 special carbon structur

Sanyo Special Steel to control Indian special steel jv

Sanyo Special Steel, a Japanese special steel producer, aims to become the controlling shareholder in Mahindra Sanyo Special Steel Pvt in India from its present 29% stake on its confidence in India's growing into a key auto-making hub in the future, according to Sanyo's recent announcement.

Fangda Special Steel's 2017 net profit soars 281.4% on year

China's largest flat spring steel producer, Shanghai-listed Fangda Special Steel Technology Co (Fangda Special Steel), based in East China's Jiangxi province, posted a spectacular 281.4% year-on-year surge in net profit for 2017 to Yuan 2.54 billion ($403 million), according to its latest annual rep

METI: Japan's Q1 special steel output to rise 0.4%

Special steel production in Japan over January-March is forecasted to rise by a tiny 0.4% from October-December to 4.97 million tonnes, according to the country's Ministry of Economy, Trade and Industry (METI). However, the current quarter's output will be 0.6% lower than a year ago, Mysteel notes.

CISA: Fangda Special Steel among top performers in 2017

Fangda Special Steel Technology Group (Fangda Special Steel) in Nanchang City, Southeast China's Jiangxi province, has been a top performer in China's steel industry in terms of profits for the first 11 months of 2017, according to the up-to-date record from the China Iron & Steel Association.