18 steel enterprises in Hebei halt production operations

Tue, 07 Sep 2010 01:46:00 GMT
On September 4, 18 steel mills in the district of Wuan in the northern Chinese province of Hebei received notice that they would have to halt production operations from September 5 for periods rang...
Tags: None

Ansteel Vigano Company to be Ansteel Group's first overseas steel processing centre

Mon, 06 Sep 2010 09:09:00 GMT
Anshan Iron Steel Group Corporation (Ansteel Group) inked a stock-swap contract with the Italy-based Vigano in a notary office of Milano, marking the formal start of the group's first overseas stee...
Tags: None

Chinese steel output may decline in H2 due to energy and emissions policy

Mon, 06 Sep 2010 02:15:00 GMT
Rumors have recently been circulating that many steel plants in China's Shanxi province will idle their rolling capacities for a long period during the second half of 2010, as they aim to meet targ...
Tags: None

Shangang to complete acquisition of Rizhao Group in November

Mon, 06 Sep 2010 02:12:00 GMT
Chinese steelmaker Shandong Iron and Steel Group (Shangang) will complete its acquisition of Shandong Province-based steel producer Rizhao Group before November 30 this year, according to report pu...
Tags: None

Shagang Group named as China’s top private sector company in 2010

Thu, 02 Sep 2010 03:00:00 GMT
The All-China Federation of Industry and Commerce (ACFIC) and China Minsheng Banking Corporation Ltd lately held a press conference in Beijing during which they revealed the top 500 list of Chinese...
Tags: None

Macroeconomic indicators - China should improve GDP quality

Wed, 01 Sep 2010 02:33:00 GMT
China GDP for the second quarter of 2010 overtook that of Japan as the second largest in the world attracting worldwide attention and provoking considerable discussion. However, many scholars consi...
Tags: None

Steel prices to drop before demand rebounds-Baoshan Iron & Steel Co

Wed, 01 Sep 2010 02:30:00 GMT
Chinese steel giant Baoshan Iron Steel Co said that steel prices are likely to decline before demand revives in the fourth quarter. Mr Ma Guoqiang GM of Baoshan in an online investors conference. S...
Tags: None

Baosteel secures $10 billion credit line from CDB

Wed, 01 Sep 2010 01:16:00 GMT
Baosteel Group Corp., China’s second-largest steelmaker, said it secured a credit line of $10 billion from China Development Bank Corp. to fund expansions. Baosteel Chairman Xu Lejiang and Ch...
Tags: None

Chinese steel prices post first decline in six weeks on slowdown concerns

Mon, 30 Aug 2010 01:39:00 GMT
Chinese steel prices fell 1.9% this week, the first decline in six as the government studied a property tax and economic concerns eroded purchases of the material used in houses and cars. According...
Tags: None

Baosteel try to reduce cost and improve efficiency

Mon, 30 Aug 2010 01:37:00 GMT
Since this year, Baosteel Co Ltd centered on enterprise production and operation targets carried out an overall emulation campaign with product management, cost improvement, environmental managemen...
Tags: None