Hard Times for Steel Manufacturer

[www.ferro-alloys.com] Rest of industry was profitable last year, but the Dalian-based firm took on too much debt。Dongbei Special Steel Group Co Ltd, a state-owned steelmaker in northeastern China, started bankruptcy proceedings on Oct 10.It is the first stee...

Friday, October 14, 2016

China Iron Ore Imports Hit Second Highest On Record in September: Customs

[www.ferro-alloys.com]China’s iron ore imports surged to the second highest on record in September, customs data showed on Thursday, as mills in the world’s top steel producer ramped up production amid healthy profits.

Friday, October 14, 2016

Special Steelmaker Files for Bankruptcy

[www.ferro-alloys.com] Dongbei Special Steel Group Co Ltd, a State-owned steelmaker in northeastern China, started bankruptcy proceedings on Monday.

Wednesday, October 12, 2016

Iron ore, steel fall in China after holiday amid property curbs

[www.ferro-alloys.com] Iron ore and steel futures fell in China on Monday as investors sold them off after a week-long holiday amid ongoing government efforts to curb property purchases, a campaign that some are worried may cool steel demand for construction p...

Wednesday, October 12, 2016

Posco Produces 0.8mm Thick Hot-Rolled Coil for the First Time in Korea

[www.ferro-alloys.com] South Korea’s largest steelmaker Posco Co. announced on Monday that it became the first among local steel mills to turn out 0.8 millimeter thick hot-rolled coil.

Tuesday, October 11, 2016

China Concerned Over Vietnam's Investigation into Chinese Steel

[www.ferro-alloys.com] The Ministry of Commerce on Sunday expressed concern over Vietnam's investigation into Chinese steel products and urged the country to be cautious and restrained in using trade remedy measures.

Tuesday, October 11, 2016

Chinese Steel Won't Impact EU Market: Official

[www.ferro-alloys.com] Chinese steel will not impact the European market due to its low market share, a Chinese government official said on Saturday after the EU imposed anti-dumping duties on imports of two Chinese steel products.

Tuesday, October 11, 2016

Baosteel-Wisco Marriage Sets Stage for Faster Steel Industry Consolidation

[www.ferro-alloys.com]The landmark merger of Baosteel Group and Wuhan Iron and Steel Group (Wisco) will help quicken consolidation of China’s steel sector, bringing important reforms back on track that had fallen behind expectations of senior economic planner...

Sunday, October 9, 2016
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