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Canada continues AD on steel pipe nipples and adaptor fittings from China
It is reported that the Canadian International Trade Tribunal July 16th 2008 issued an order following the expiry review of its finding made on July 16th 2003, as amended on... more

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Xinxing Pipe Group to develop Xinjiang mineral resources
It is reported that China’s largest cast iron pipe manufacturer, Xinxing Pipe Group on July 8th established Xinjiang Resources Development Company in Xinjiang and... more

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POSCO's Q2 earnings surge 34 pct on higher steel prices
World's 4th largest steelmaker POSCO announced that its second quarter earnings climbed to a record high on cost saving efforts, solid demand and higher steel prices. POSCO... more

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Steel prices in Middle East Asia
A steel user, however big or small, is always concerned about steel buying as it is normally a big ticket item, but there is no bench mark available to steel buyers to compare... more

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FerroChina seeks USD 200 million loans through Credit Suisse
Reuters reported that Credit Suisse is arranging a USD 200 million loan for Singapore listed steelmaker FerroChina to refinance debt and for other corporate needs. more

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Shougang to suspend steel production during 2008 Olympics
It is reported that Shougang will cease steel production for the most part in Beijing during the 2008 Olympic Games and will then wind down its 8 million tonnes of capacity... more

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Tiantie Group H1 crude steel output up by 29.68% YoY
It is reported that Tianjin Tiantie Steel Group produced 2.51 million tonnes of crude steel in H1 of 2008 up by 29.68% YoY, 2.39 million tonnes of pig iron up by 29.33% YoY and... more

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Tangshan to shut down 66 small steelmakers today
China Securities Journal reported that Tangshan municipality issued a notice lately to close down 267 enterprises for rectification, including 66 small and medium scaled steel... more

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