China insight

Taiwan’s steel slab imports fall in last December

According to Customs figures showed in last December, Taiwan imported 130,119 tons of steel slab, mainly from Russia. It estimates the steel slab imports expects to fall by 6.7% this year, compared to the same period of last year. Among the, Taiwan imported...

Monday, January 11, 2016

China's WISCO Releases Prices List for Feb

China's Wuhan Iron & Steel (WISCO) announced to raise its prices lost for all steel products for February delivery. Meanwhile, the company’s prices of HR medium heavy plate increases by RMB 150/ton; the prices of CR sheet

Monday, January 11, 2016

China’s Tisco plans to increase stainless steel production in 2016

China’s Tisco has expected its stainless steel production reached 10.25 million tons in 2015, including 4.01 million tons of stainless steel and exports of 810,000 tons. The company sales revenues are RMB 908 billion, a loss of RBM 4.3 billion. In 2016, Ti...

Thursday, January 7, 2016

China's Steel Industry is Experiencing Big Losses

China's steel industry is experiencing big losses, due to overcapacity and weakening demand. Chinese steelmakers is suffering from losses in the first eleven months of 2015.

Thursday, January 7, 2016

Chinese Shagang Group to Rise Rebar, Wire Rod Prices

Chinese steelmaker Shagang Group announced to rise its rebar prices by RMB80/ton for deliveries in January.

Tuesday, January 5, 2016

China’s Benxi Steel to Hike Steel Prices for Jan

China’s Benxi Iron & Steel Group announced to raise its prices on certain products for January.

Monday, January 4, 2016

ZhenJiang Daqo Siemens Signed Strategic Cooperation Agreement with China

December 29th, the signing ceremony of the strategic cooperationagreement between Zhenjiang Daqo Siemens and China Construction 7th BureauInstallation Company was held in Daqo Group.The two sides will uphold the sincere cooperation, mutualwin-win concept, to p...

Monday, January 4, 2016

No New coal Mines to be Approved for Three Years to Cut Stockpiles

China is suspending the approval of any new coal mines for three years to eliminate stockpiles and increase new-energy consumption, according to a report in Economic Information Daily on Wednesday.

Thursday, December 31, 2015
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