Apparent consumption for five main steel products in China, including rebar, hot rolled coils, cold rolled coils and others, rose 2.6% as of Thursday to 9.79 million tonnes from the week earlier, data from Mysteel consultancy showed. Shanghai stainless steel futures fell 1.3% to 16,820 yuan a tonne.
ادامه مطلبSHANGHAI, Dec 8 (SMM) - The demand from building materials sector will weaken amid cold weather. Steel mills in Beijing-Tianjin-Hebei and surrounding areas have fully implemented staggered production amid the heating season and air pollution control, coupled with production restrictions on the Winter Olympics.
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ادامه مطلبChina's Ministry of Finance (MOF) announced that China will continue to impose a zero percent import duty for steelmaking raw materials in 2022. At the same time, for custom code 72091810, i.e., cold rolled coil with thickness less than 0.3 mm, the import duty will be four percent in 2022.
ادامه مطلبShanghai Harex Steel Fiber Technology Co., Ltd. was Shanghai Harex Metal Product Co., Ltd., a joint venture jointly invested and established by Chinese, German and Singapore enterprises, the company introduces whole set of German steel fiber production equipment and production technology, mainly produces steel Mill Cut steel fiber, with the annual productivity …
ادامه مطلبA major steel mill in Eastern China offered stainless cold-rolled coil (CRC) at 17,000 yuan per tonne on Wednesday, down by 700 yuan per tonne from a week earlier. China's leading stainless steel producer, Taiyuan Iron & Steel, (Tisco) lowered its tender prices for December-delivery high-carbon ferro-chrome by 895 yuan to 9,400 yuan per tonne.
ادامه مطلبSteel rebar futures on the Shanghai bourse for May delivery advanced 0.6% to 4,479 yuan per tonne. Hot rolled coils, used in cars and home appliances, inched 0.04% higher to 4,584 yuan a tonne.
ادامه مطلب2003 Tsingshan Holding Group was founded. 2004 Qingtian Industrial Park started operation. 2005 Established Henan Tsingshan Jinhui Stainless Steel Industry Company. 2006 Established Guangdong Qingyuan Tsingshan Stainless Steel Company. 2007 Established Shanghai Decent Investment Group. 2008 Built world first RKEF-AOD integrated stainless steel ...
ادامه مطلبA steel mill in Shandong has already told its customers that it will reduce production, according to market sources. "It is planning to cut total production by 25% and stop a bar production line and a wire rod production line," a trader in China said, quoting an official announcement by the steel mill.
ادامه مطلبSteel mills in Zhangjiagang to cut some production this week Steel mills in Zhangjiagang would slightly cut production during June 20-25. Jun 21, 2018 16:46 CST
ادامه مطلبFrom 2021 to 2025, the Chinese steel sector aims to increase the proportion of EAF capacity to overall crude steel capacity to 15% and lift the steel scrap consumption in converters to 30%. According to Platts, steel scrap consumption in converters in Chinese steel mills typically ranges between 10% and 25%.
ادامه مطلبSHANGHAI, Dec 10 (SMM) - According to SMM survey, the domestic stainless steel output totalled 2.3 million mt in November, up 14% month-on-month, but down 10.2% year-on-year. The output totalled 29.72 million mt from January to November, an increase of …
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ادامه مطلبChina's state-owned steel mills would buy iron ore from Rio, BHP and Vale at benchmark prices, then resell what they didn't need to smaller mills, at higher prices — unless there was a deal ...
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ادامه مطلبHenan province, China's eighth-largest steel hub, released its 14th five-year (2021-2025) plan for the steel industry on Thursday December 9. Fastmarkets picks out the highlights of the plan. Steel capacity cap Crude steel capacity should fall below 40 million tonnes per year and pig iron at about 30 million tonnes per year by 2025.
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ادامه مطلبSpot prices of 66% Fe concentrate in Hebei increased by 30-50 yuan ($5-8) per tonne over June to 1,090-1,100 yuan per tonne with tax on June 30. "As the steel market is downbeat, steel mills are turning to domestic iron ore, which is relatively cheaper," a steel mill source in Shanghai said.
ادامه مطلبYunnan Aluminium lost 3.4 per cent in Shenzhen and Baoshan Iron & Steel declined 2.8 per cent in Shanghai, while the broader CSI 300 Index logged a small gain. ... it is about each steel mill's ...
ادامه مطلبStainless Espresso: China stopped production of major steel plants Shanghai stainless steel futures continue to rise. Due to the steel and stainless steel production freezes announced in China, steel and stainless steel futures …
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ادامه مطلبThe short-term stability in coke prices was only the result of the on-going restocking process of steel mills as well as the consecutive large declines in prices. coke. price forecast. For queries, please contact Frank LIU at liuxiaolei@smm. For more information on how to access our research reports, please email service.en@smm.
ادامه مطلبShandong Dongfang Stainless Steel Co.,Ltd. Is a high-tech enterprise specialized in producing and processing metal raw materials.The existing finishing mill production line 5, hot rolling production line 2, a 60, 90 punch, the main production of 304,3016,201 stainless steel coils and sheet.Our products can meet every unique requirement of our customers.Customized …
ادامه مطلبBaosteel is one of the largest steel providers around the world. Founded in 1978, Baosteel Group Corporation is headquartered in Pudong, Shanghai, China. It contains 130, 401 employees and produces steel products such as special steel, stainless steel, carbon steel that would be exporting to more than 40 countries.
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ادامه مطلبPrices of steel and aluminum in China rallied last month, pushing futures in Shanghai to multiyear highs. S&P Global Platts said in a March 30 report that China's steel mill margins have reached their highest level since December 2020. Qiu Yuecheng, director of coal, steel and mineral coke research at Everbright Futures, said the rally in steel ...
ادامه مطلبSHANGHAI, Dec 27 (SMM) - The SHFE SS contract kept rising last week, and the steel mills raised their selling prices as well as the spot guide prices. The spot prices in the stainless steel market were driven up, and the traders had relatively lower stocks, so they increased the purchases. The market transactions were active amid higher prices.
ادامه مطلبRecently, Primetals Technologies received the final acceptance certificate for the replaced laminar cooling section installed at the 2050mm hot strip mill in the Shanghai, China production site of Baoshan Iron & Steel, Co., Ltd. (Baosteel).
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