State-owned Baowu Steel Group, China's largest steel producer, inked an agreement on Thursday with Magang (Group) Holding Co., Ltd. to secure a 51-percent stake in the latter.

September20,2019

Iron ore prices in China will find it difficult to continue the uptrend in the long run, despite the continuous rise in June this year, the China Iron and Steel Association (CISA) predicted. 

July10,2019

Crude steel production capacity in Hebei province and Tianjin will be capped at 200 million metric tons and 15 million tons by 2020, as China strives to optimize the iron and steel industry, China Daily reported Wednesday.

April03,2019

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

A Chinese steel mill on Tuesday rolled off the world's largest seamless ring forging piece, which was developed especially as the key part of a nuclear power unit.

March13,2019

Some analysts believed that in the short term, the domestic steel prices will likely continue the uptrend as the fundamentals of supply and demand are relatively good.

March11,2019

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

China will further promote mergers and acquisitions (M&As) in the steel industry to better control capacity, allocate resources and strengthen risk management.

February15,2019

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

Chinese steel producers saw their profits surge in the first 11 months of 2018 as the sector's overcapacity was slashed amid the supply-side structural reform, according to an industry association.

January15,2019

Spot steel prices in China recently continued dropping within a narrow range due to weak demands from the steel consumers.

December04,2018

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

The Chinese authorities are studying policies to further help promote the merger and reorganization of the steel enterprises, on the basis of completing the crude steel de-capacity task for the 13th Five-year Plan period (2016-2020) two years in advance.

November16,2018

China is expected to complete the de-capacity task for the 13th Five-year Plan period (2016-2020) two years ahead of schedule, the Xinhua-run Economic Information Daily reported on Wednesday.

November14,2018

China's Shanghai Baoshan Iron and Steel Co., Ltd (600019.SH) announced that it achieved a net profit of 15.747 billion yuan in the first three quarters of 2018, up 34.96 percent year on year.

October31,2018

China is expected to export 70 million metric tons (tonnes) of steel this year, the Xinhua-run cnstock reported on Friday.

October12,2018

The Second Ministerial Meeting of the Global Forum on Steel Excess Capacity was held Thursday in Paris, France.

September21,2018

North China's Hebei Province will cap its steel capacity at 200 million tonnes by 2020 in its fight against air pollution.

August28,2018

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

Angang Steel Company Limited (000898.SZ) said on Wednesday it planned to purchase a 100-percent stake in Chaoyang steel held by its controlling shareholder, Ansteel Group at 5.9 billion yuan.

July18,2018