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  • China vows to further cut outdated coal, steel capacity

    China will continue to reduce its outdated production capacity of coal and steel this year, the country's top economic planner said Thursday.


  • China's steel market recovering on improving domestic demand

    China's steel market is recovering with the steel price steadily rising thanks to the improvement in the steel demand from downstream sectors, the Xinhua-run Economic Information Daily reported on Monday.


  • China's steel output, inventory fall in March

    China's steel output and inventory both fell in March, according to data from the China Iron and Steel Association.


  • Chinese steelmaker's acquisition of British Steel to boost China-UK co-op under BRI

    Chinese steelmaker Jingye Group's acquisition of UK's second-largest steelmaker British Steel is expected to help boost cooperation between China and UK under the Belt and Road Initiative.


  • China's Pangang Group delivers 4,000t rails for Jakarta-Bandung railway

    Pangang Group, a large steelmaker in southwest China's Sichuan Province, has recently delivered the first batch of 100-meter rails weighing nearly 4,000 tonnes for the construction of the Jakarta-Bandung high-speed railway project in Indonesia.


  • China's Jingye group completes acquisition of British Steel's assets in UK, the Netherlands

    Chinese steelmaker Jingye Group on Monday completed the acquisition of British Steel's business and assets in Britain and the Netherlands, said the Chinese steelmaker in a statement.


  • China's steel prices fall amid epidemic, CISA

    China has seen falling steel prices, affected by the novel coronavirus pneumonia (COVID-19) epidemic, according to Luo Tiejun, vice president of China Iron and Steel Industry Association (CISA) at a video conference on Saturday.


  • China's steel industry expected to improve in Q2, CISA

    China's steel industry is expected to improve in the second quarter of the year with the effective control or end of the epidemic and centralized release of the demands from downstream sectors, according to the China Iron and Steel Industry Association (CISA).


  • China's steel demand expected to rise in 2020: report

    China's demand for steel is expected to register an uptick in 2020, according to a guild report.


  • Danieli, a new supply in China paves the way to another positive year

    The team led by Gianpietro Benedetti is benefiting from strong investments by great producers, in order to make plants more efficient from an energetic point of view and to reduce the final cost of the product, in both Chinese and USA markets.


  • China prohibits new capacity in steel sector in 2020

    New capacity will be strictly prohibited in the steel sector in 2020, said the China Iron and Steel Industry Association (CISA) Monday.


  • China's steel base Hebei to further cut overcapacity

    Hebei Province, China's leading producer of iron and steel, will continue with huge overcapacity cuts in 2020 amid an ongoing industrial upgrading, its governor Xu Qin announced Tuesday.


  • China enforces new tariffs on steel against the EU, Japan, South Korea, and Indonesia ​

    Beijing blames cheap productions as they may be damaging the local industry. The punitive tax rates, between 18.1% and 103.1%, will stay into force for five years. Italy should not be affected by the decision. Korean companies, with the exception of Posco, will be the most damaged.


  • China steel output, prices rise in May

    China's steel output and prices rose in May, according to the country's top economic planner.


  • China's iron & steel intelligent manufacturing in golden period

    China's iron and steel intelligent manufacturing industry is in a golden period of development at present, said Li Xinchuang, head of China Metallurgical Industry Planning and Research Institute (MPI) on a symposium held Thursday.


  • China’s domestic steel price falls slightly

    The composite index of China's domestic spot steel price closed at 149.77 points in the first trading week after May Day holiday, down 0.41 percent from the previous week, according to the market report released by Mysteel, a data and analysis provider on Chinese iron and steel industry.


  • China's steel producers post profit slump in Jan-Feb

    China's steel industry saw its profits nearly halved in the first two months of 2019 from a year earlier, as output growth accelerated.


  • Beijing unveils plan to transform vacated "Steel City"

    The Beijing municipal government has published a plan to transform a vacated industrial site in its western suburb into a city landmark by 2035, as part of the preparation for the Beijing 2022 Winter Olympics.


  • CAMCE signs contract for Azerbaijani steel production complex construction project

    China CAMC Engineering Co., Ltd. (CAMCE) and Azerbaijani Integrated Steelmaking Company signed a contract on December 5 for the construction project of Azerbaijan Steel Production Complex here in Beijing, according to CAMCE's website.


  • European Thyssenkrupp-Tata merger to address steel industry threats

    The planned merger between the European ventures of German industrial giant Thyssenkrupp and India's Tata Steel will address the problems of overcapacity in the steel industry, the head of Thyssenkrupp said on Monday.


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