china iron news
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Crude steel output up 6.8% year-on-year in April
Shanghai :: China | 9 days ago
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For the first four months, China's total crude steel output was about 2.58 trillion tons, an 8.4 percent increase compared with the same period of last year, according to the latest data from the National Bureau of Statistics. The daily output of the
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Figures show continued struggle for steel industry
Shanghai :: China | 9 days ago
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China's steel industry continued to suffer from weak demand and thin profits during the first quarter, and the situation could continue for the rest of the year as prices keep falling. The latest data from the China Iron and Steel Association show
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China's steel industry barely returns to profits
Tianjin :: China | 27 days ago
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China's steel industry swung back to report profits in the first quarter after recording losses in the same period of last year, an industrial association said Saturday...However, 34.9 percent of the 272 member companies still reported losses in the
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China joins iron ore bears
Qingdao :: China | 28 days ago
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The more bearish iron ore analysts have another voice in their chorus warning about price falls the China Iron and Steel Association. If they're right, there are ramifications for the federal budget, as well as the viability of some smaller miners.
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Tangsteel acquires 10% Swiss stake
Shanghai :: China | 2 months ago
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The two companies also signed a steel products structural payment agreement worth $1.2 billion, which will help the Chinese steel producer to sell its products abroad. "After acquiring the shares in Duferco, Tangsteel will have more purchasing
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Iron ore stocks fall at China's major ports
Beijing :: China | 2 months ago
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China's major ports have seen their iron ore stockpiles fall to a three-year low due to smaller imports, which analysts believe will help curb the overcapacity problem plaguing China's steelmakers. As of March 8, combined iron ore inventories at 30
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BHP rebuffs China's claims of ore price manipulation
Shanghai :: China | 3 months ago
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BHP Billiton , the world's largest mining company, rebuffed claims by China that the biggest suppliers of iron ore have manipulated prices of the raw material used to make steel. A recent surge in iron-ore prices was caused by changes in demand,
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Caixin Online: China iron ore miners take another swing at taxes
Beijing :: China | 3 months ago
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Domestic iron ore miners may not have succeeded at first, but that isn't stopping them from trying again. After failing to convince the government in 2009 that it deserved a tax break, the industry is once again pleading its case. January that his
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Sharp drop in machinery profit growth
Shanghai :: China | 4 months ago
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According to figures released on Friday by the China Machinery Industry Federation, the industry registered total profits of 1.23 trillion yuan ($198 billion) in 2012, a rise of 5.18 percent year-on-year , but a sharp drop of 16 percentage points
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Bleak forecast for steel producers
Beijing :: China | 4 months ago
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China's steel industry will continue to face overcapacity problems after seeing a dramatic decline in profits in 2012, the industry association said on Thursday. [Photo / China Daily] China's steel industry will continue to face overcapacity problems
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