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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%...
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...
Chinese HDG export price remain firm
It is reported that Chinese domestic hot dipped galvanized steel sheet and coil price is largely unchanged and this is also the case with export market.
Chinese rebar and wire rod price remain high
It is reported that construction steel export prices remain at high levels in China despite downward correction in domestic market. However, the price gap between...
Benxi Steel unveils CNY 6 billion CAPEX
It is reported that Benxi Iron & Steel Group will invest a total of CNY 5.99 billion in technology improvement of over twenty projects, including alterations in...
Hebei Steel Group officially established on June 20th 2008
According to Hebei Province's state owned asset supervision and administrative commission, Hebei Steel Group has officially established on Jun 30th marking birth of...
Base metals recover
Select base metal prices such as tin, nickel and copper recovered in the range of Rs.5 to Rs.10 per kg in the national capital on fresh buying by stockists following...
Select base metals up on firming global cues
Select base metals prices showed a rising trend in the national capital today on sustained buying by stockists in line with a firming global trend.
Copper rises on inventory data at SHFE
Copper futures ticked to their highest level in 1 1/2 months Friday with the help of recent U.S. dollar weakness, inventory declines and chart-based momentum.
Copper futures up on firm global cues
Copper prices gained 1.30 pc in the futures market in early trade on Monday as market participants indulged in buying in line with firming trend in overseas markets.
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