Steel joint venture announces expansion for new coating line

The Chinese automotive market is growing rapidly, with customers' expectations increasing as they seek suppliers which can support their transition to low-emissions vehicles, said Lakshmi Mittal, chairman and CEO of ArcelorMittal.

Monday, February 8, 2021

Reform of State firms-economy's backbone-to power industrial fronts

China Baowu Steel Group Co Ltd, the world's largest steel conglomerate, was the outcome of reorganizations between several State-owned steel giants.

Monday, February 8, 2021

Iron ore price fell at lower demand

In addition, high profits have greatly stimulated the capacity expansion of overseas mines, and the supply of iron ore continues to increase.

Monday, February 8, 2021

The profit of Jianlong Group is 6.35 billion yuan in 2020

Recently, Jianlong Group held the 2020 annual summary recognition conference. At the meeting, Zhang Zhixiang, chairman and president of Jianlong Group, announced: In 2020, Jianlong Group’s production and operation performance steadily increased. Jianlong Grou...

Sunday, February 7, 2021

Ten million tons of private iron and steel enterprises club increased to 12 enterprises

Integrated network data, according to the information released by the All - Union metallurgical chamber, the proportion of private iron and steel enterprises in the national crude steel output continued to increase, from 62% in 2019 to 63.21%, the total output...

Sunday, February 7, 2021

The annual net loss estimate of Nippon Steel Corp. this fiscal year reduction of nearly 30%

Reuters news agency in Tokyo on February 5, Japan’s biggest steelmaker, Nippon Steel, cut its annual net loss estimate for the fiscal year’s net loss by nearly 30% on Friday as rising export prices and recovery in demand from car makers and other manufacture...

Sunday, February 7, 2021

Net profit of CITIC Special Steel in 2020 rose 11.84% year-on-year

Recently, CITIC Special Steel (CITIC Pacific Special Steel Group Co., Ltd.) issued 2020 performance report.

Sunday, February 7, 2021

Price of rebar expects to easily fall but difficultly rise

Under the action of many factors, the short-term rebar price is easy to fall but difficult to rise.

Sunday, February 7, 2021
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