Steel Times International News
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US anti-dumping probe will affect Chinese galvanised plate exports
Anti-dumping and anti-subsidy probes launched by the US Department of Commerce will negatively affect China’s exports of galvanised plate to the USA in the coming months.
07 July 2015 -
India slaps export tariff on China
India has slapped a 2.5 percentage points rise in tariffs on steel imports from China and will have an adverse effect on the Chinese steel industry, it is claimed.
07 July 2015 -
Chinese daily crude output up 2.3%
The average daily crude output of China’s major steelmakers was 1.7Mt between June 1-10, up 2.32% from May 21-31, according to the China Iron and Steel Association (CISA).
07 July 2015 -
Price fall prompts mill overhauls
A continuous fall in spot steel prices coupled with the high price of raw materials have prompted Chinese steelmakers to overhaul their rolling mills.
07 July 2015 -
Chinese listed companies are buying overseas mines.
Zhongrun Resources Investment Co is planning to issue no more than 4.808 billion shares in order to raise funds up to 28.3 billion yuan (US$4.5billion) to purchase Iron Mining International Mongolia, Mongolia New La Le Gao Te Iron Mining LLC and Shiny Glow Limited.
07 July 2015 -
Hebei exports up over 50%
Between January and May 2015, Hebei Province in Northern China exported 9,182Mmt (million metric tonnes) of steel products, up 52.7% year-on-year.
07 July 2015