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Why China's massive steel lay-offs will not hurt economy
Like many other overstaffed steel producers in China, Magang (Group) Holding, or Masteel, is in the middle of downsizing.
November24,2017
Chinese private steel-makers contribute more to capacity reduction
China's private steel companies are playing a bigger role in reducing capacity in the industry, according to the sector's chamber of commerce.
April04,2018
China crude steel output rises slightly in Jan-Aug
China's crude steel output rose slightly in the first eight months this year, data from the country's top economic planner showed.
October10,2017
China’s steel industry profits increase over 150 pct on yr in H1, CISA
Profits of about 380 Chinese steel producers skyrocketed 151.15 percent year on year to 139.273 billion yuan in the first half of this year, new data showed on July 25.
July26,2018
China's steel plants face renewed stock pressure
Chinese steel plants are seeing growing output but falling orders, renewing concerns of excess inventories, an industrial index showed.
May03,2017
China's steel plants face renewed stock pressure
Chinese steel plants are seeing growing output but falling orders, renewing concerns of excess inventories, an industrial index showed.
May03,2017
News Analysis: China stands firm on cutting excess steel, coal capacity
The Chinese government has reiterated its firm stance on cutting excess steel and coal capacity in response to an emerging backlash from producers prompted by recent price hikes.
November25,2016
Steel prices in China expected to rise in March, Lange Steel
Steel prices in China are expected to rise amid fluctuations in March as the demand has improved a lot and environmental protection efforts have capped supplies, said Wang Guoqing, director of the Lange Steel Information Research Center.
March13,2019
China's steel prices to maintain strong in short term on rising demand
Steel prices in China will likely maintain strong in the short term due to the recovery in downstream demand, said some industry insiders.
February25,2019
Hebei puts cap on steel capacity to fight pollution
North China's Hebei Province will cap its steel capacity at 200 million tonnes by 2020 in its fight against air pollution.
August28,2018
China crude steel output rises slightly in Jan-Aug
China's crude steel output rose slightly in the first eight months this year, data from the country's top economic planner showed.
October10,2017
China's steel prices pick up, but big rises unlikely: industry group
China's steel prices have begun to rise, but an industry group tried to calm the market Tuesday, saying the increase will be limited as new production capacity is set to ease supply.
August23,2017
China punishes steel producers, officials for illegal production
Two steel producers will be punished for breaking capacity cut rules and two deputy provincial governors be held accountable, according a decision of the central authorities announced on Monday.
December27,2016
Steel prices in China continue dropping on weak demand
Spot steel prices in China recently continued dropping within a narrow range due to weak demands from the steel consumers.
December04,2018
China still on long way to cut excess steel capacity
The task of cutting excessive steel capacity remains arduous as a short-lived price rally could result in steel mills upping production in pursuit of profits and exacerbate the supply glut, according to attendees of a government meeting.
March29,2017
China completes five-year steel de-capacity task in advance, eyeing structural optimization
China has completed the five-year de-capacity task in the steel sector in advance and cut 150 million metric tons (tonnes) of steel capacity after three years of efforts, according to a meeting of the China Iron and Steel Association (CISA) on Monday.
January15,2019
China's steel prices hold steady in October
China's steel prices remained stable in October, as China's iron and steel industry has maintained solid growth momentum, according to data from an industry association.
November28,2018
China's steel industry vows to rise to U.S. challenges
China's iron and steel industry has vowed to actively respond to the challenges from the United States and firmly support government counter-measures against U.S. imports.
April04,2018
China to launch inspection to prevent low-quality steel, excess capacity
China will launch an inspection on shoddy steel products and excess steel capacity from May to June, according to the nation's top economic planner.
April02,2018
China's Hebei to cut iron, steel production in 2017
Hebei, China's main province for the production of iron and steel, has increased its iron and steel capacity-cutting targets for next year, the provincial government said Tuesday.
December21,2016
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