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  • Baogang Group's X70 high-grade pipeline steel to be exported to Saudi Arabia for oil and gas transportation

    Baotou Iron and Steel group (Baogang), a major steel producer in north China's Inner Mongolia Autonomous Region, has signed a contract for the export of its high-grade pipeline steel recently.

    August11,2023


  • Rio Tinto, China's Baowu Steel agree on joint venture to develop iron ore in W. Australia

    Mining group Rio Tinto on Wednesday announced that it will team up with China Baowu Steel Group to develop a Western Range iron ore project in the Pilbara region of Western Australia, with a joint investment of 2 billion U.S. dollars.

    September15,2022


  • China's listed steel companies perform well in H1, with sales hitting new highs

    29 out of 31 steel companies listed on China's A-share market which have disclosed their performance predictions for the first half of the year as of last Friday expected their H1 performances to see year-on-year growth.

    August23,2021


  • China Focus: Two Chinese steelmakers announce merger, become world's 3rd largest

    China's two major steelmakers, Ansteel and Ben Gang Group Corporation, inked a deal on Friday to kick off their merger and restructuring that will create the world's third-largest steelmaker.

    August20,2021


  • 【Financial Str. Release】China raises export tariffs on steel products to push industrial upgrading

    China will adjust export tariffs on some steel products as part of efforts to push upgrading and transformation of the industry.

    July30,2021


  • China's listed steel firms forecast good performances in H1 on rising demand

    Steel companies listed on China's A-share market are expected to achieve good results in the first half of the year, thanks to the robust demand from downstream sectors amid the domestic economic recovery, the Xinhua-run Economic Information Daily reported on Monday.

    June28,2021


  • 【Financial Str. Release】More than half of China A-share companies expect joyous H1 results

    About 61.17 percent or 315 firms of the 515 China A-share companies are expecting optimistic financial results in the first half of this year, reported Xinhua-run Xinhua Finance Thursday.

    June25,2021


  • China's crude steel output up 6.3pct y-o-y in May, association

    China is estimated to have produced 98.08 million metric tons (tonnes) of crude steel in May, a year-on-year increase of 6.3 percent, according to the China Iron and Steel Association (CISA).

    June11,2021


  • Steel prices in China expected to be stable on eased supply-demand relations

    Steel prices in China are expected to continue a downtrend or be stable in the coming days, reversing the previously sharp uptrend, due to the eased supply-demand relations, the Xinhua-run Shanghai Securities News reported on Wednesday.

    June09,2021


  • Downstream demand for steel in Q2 expected to remain high in China, association

    Steel demand from the downstream sectors is expected to remain high in the second quarter in China, benefiting the domestic steel mills, according to China Iron and Steel Association (CISA) on Thursday.

    March19,2021


  • Steel prices in China expected to rise further on increasing demand, report

    Steel prices in China are expected to rise further on increasing demand from downstream sectors, the Shanghai Securities News reported on Tuesday.

    February23,2021


  • China's steel base Hebei makes progress in cutting overcapacity

    Hebei Province, China's leading producer of iron and steel, has made remarkable progress in reducing overcapacity amid an ongoing industrial upgrading, according to a work report from the provincial government.

    February20,2021


  • China's steel consumption to increase 150-200 mln tonnes in 2021-2025: expert

    China's steel consumption is expected to increase by 150-200 million tonnes during the 14th Five-Year Plan period (2021-2025), and the domestic iron and steel industry will usher in good development opportunities in 2021, industry experts said recently.

    January12,2021


  • Chinese firm in Laos exports steel to Cambodia

    A Chinese company in Laos, Khoukham Steel Industry Sole Co., Ltd, has recently shipped rebar to Cambodia, realizing the first exportation of steel produced in Laos.

    November27,2020


  • China speeds up mergers and reorganizations of steel mills for higher concentration

    With China's economy entering the period of transformation, its steel industry has also entered a period of adjustment and upgrading. Capacity rationalization and industrial restructuring are major features during the period. Restructuring of the industry is expected to be the highlight in the next three years.

    September14,2020


  • China's key steel mills enhance production of high-performance steels, association

    China's major steels mills have enhanced production of high-performance steels and embarked on the high-quality development path, according to the China Iron and Steel Association (CISA).

    July31,2020


  • 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.

    June18,2020


  • 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.

    May18,2020


  • 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.

    April13,2020


  • 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.

    April03,2020


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