steel mill production

JFE decide to invest in Vietnam’s largest integrated steel mill project

Japan JFE steel company recently decided to, in the integrated steel mill in Vietnam Formosa river project, static steel company became integrated steel mill in overseas with the blast furnace by project first Japanese steel mills. The project will is southeast Asia’s largest integrated steel mill project. JFE plans to invest about 27 billion yen…

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iron ore

Iron ore price rise sharply

Yesterday, the iron ore futures trading volume of 10 futures varieties, there are five contracts strong harden, the main 1601 contract strong harden, closed at 369 yuan/ton. The rise in iron ore also led to full wave red black futures. Among them, the thread 1601 contract rose 1.74%, the coke 1509 contract rose 1.86%, coking…

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tinplate productions

Steel industry development situation is still grim in China

Recently, the China iron and steel association conference information in the third time this year, the steel industry main business loss, loss has amounted to 21.68 billion yuan. The report also pointed out that crude steel output fell for the first time since the nearly 20 years. Although crude steel output fell, but the steel…

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china steel exporting

China steel export reaches 52 million MT during the first half of 2015

In June 2015, China’s steel exports of 8.89 million tons, from the previous month to reduce 310000 tons, up 25.7%; June 1 – China’s exports of steel 52.4 million tons, up 27.8% from a year earlier. June our country imported steel 1.17 million tons, from the previous month an increase of 120000 tons, up 3.5%;…

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steel ingot

Crude steel output fell for the first time in the past 20 years

On July 9, 2015, the China iron and steel industry association executive director of the five secondary (expand) the meeting, the China iron and steel association, guang-ning zhang said in January to may, crude steel production is 340 million tons, the country fell 1.6% year on year, and for year-on-year growth of 2.71% over the…

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steel sheets view

Malaysia carry out tax protection against steel import

Malaysia recently decided, starting on July 2, from 42 countries and regions, including China, imports of hot rolled plate levy a tax on safeguard measures 3 years. Apply to the tax rate of medium plate structure, construction, manufacturing and industrial machinery, customs code for 7208.51.000, 7208.52.000, 7225.40.000, asean coordination tariff code for 7208.51.0000, 7208.52.0000, 7225.40.9000.…

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shangdong steel stock

Steel PMI fell to the lowest level in seven years

China federation of logistics and purchasing, the national bureau of statistics survey center service on July 1, according to data released in June, China manufacturing purchasing managers’ index (PMI) is 50.2%, with flat last month, for the fourth month in a row above the critical point. Released on the same day the non-manufacturing business activity…

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PPGI coil in stocks

India PPGI targeting at China market

Due to the overseas demand and global steel prices decline, hot dip galvanized manufacturers in India is trying to far away from the export market, turn to the domestic market is improving. India’s exports to the us 0.3 mm hot galvanized sheet price has remained steady in 700-725 dollars/ton (CFR), due to the decline in…

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china steel exporting

India raise steel import tariffs

Japan and South Korea in tariffs for India’s steel exports have certain advantages. In 2009, South Korea and India signed the comprehensive economic partnership agreement (CEPA), after South Korea steel export tariffs dropped steadily, to India in 2017 will drop to zero. CEPA signed in 2010, Japan and India under the agreement, India will cancel…

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