Steel Times International News
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Chinese output still rising
China’s large and midsize steelmakers continued with increased production rate in June, while output of small steelmakers dropped because their operation is more flexible and local governments recently management on environment protection.
15 July 2013 -
Chinese steel prices rise in early July
China’s Steel index rose 1% in the first week of July, ending a continuous drop for many weeks. Sentiment on the spot market has been boosted by rebounds in futures contracts and raw materials prices.
15 July 2013 -
Baosteel Contracts SMS for Hot Rolling Line in Zhanjiang
Baosteel Group has signed a contract with SMS Group of Germany for the delivery of a 2250mm hot rolling line.
15 July 2013 -
China sees low prices and harder exports
With the trade disputes on steel products rising between China and the US, Canada, Australia as well as some Southeast Asian countries, China's steel export is expected to meet more challenges later this year.
13 July 2013 -
Wusteel aims for 95% Self-sufficiency in ore
Wuhan Iron and Steel (Wusteel), China's fourth largest steelmaker, aims to achieve 95% self-sufficiency in iron ore by 2016 if its private placement plan is successful and various acquisitions go ahead, says Peng Chen, Director of the steelmaker.
13 July 2013 -
Baosteel plans aluminium and global strategy
Baosteel recently come out with its next six-year plan (2013-18), under which aluminium products and ‘going global’ are key words.
12 July 2013
