Relevant News

China’s stainless Crude Steel Production up in H1 of 2014

According to Stainless Steel Council of China Special Steel Enterprises Association (CSSC), China produced 10.68 million tons of stainless steel in the first half of 2014, an increase of 21.19% compared to the same period of 2013.

Tuesday, August 5, 2014

China MIIT Announces New Capacity-cutting Plan on Steel

China unveiled a detailed overcapacity replacement policy on last Thursday that will promote cuts in the iron and steel, electrolytic aluminum, cement and glass industries.

Tuesday, August 5, 2014

Baosteel Group Appointed New General Manager-China

On the afternoon of July 30th,2014, the Organization Department of the Central Committee of the CPC announced that Mr Chen Derong would be appointed

Friday, August 1, 2014

US utilities turn to Colombia, Russia for coal in 2014

U.S. utilities are importing more coal from countries like Colombia, Russia and Indonesia in 2014 to hedge against poor railroad service, fulfill unique blends and, in an alarming trend for Central Appalachia coal producers, because it is less expensive than b...

Wednesday, July 30, 2014

Iran's steel output reaches 7.982 million tons in H1

It is reported that Iran's steel output reached 7.982 million tons in first half of 2014, increase of 8.4% compared to the same period of last year.

Wednesday, July 30, 2014

Posco SS remains stainless rod, bar prices flat for August

It’s reported that the Korean steelmaker Posco Specialty Steel announced to remain its domestic prices for austenitic stainless wire rods and bars unchanged for August, in spite of the improved nickel prices.

Wednesday, July 30, 2014

Korea’s iron ore imports rise in H1

According to data, Korea’s iron ore imports totaled 36.81 million tons in the first half of this year, soaring by 26% year on year.

Wednesday, July 30, 2014

China's Coal Inventories Rise, Losses Widen

China's coal producers faced greater inventories in the first half of the year as an economic slowdown and lingering oversupply continued to weigh down the sector, according to data from the National Development and Reform Commission (NDRC).

Tuesday, July 29, 2014
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