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China's steel industry sustains growth with resilience amid challenges
China's steel industry witnessed continuous growth in output of crude steel and rolled steel in the first half of 2023 with steel exports posting a big increase of 31. 3 percent year on year on improved international competitiveness. This has helped China's steel industry maintain a stable growth during the period despite of declined profitability of steel companies, showing great resilience of the industry.
August17,2023
China's daily crude steel output shrinks
China's daily crude steel output continued to decline in late November amid the country's efforts to control the production and energy cost of the sector.
December13,2021
Economic Watch: China's steel industry embraces green shift for carbon-cutting commitment
Forging ahead toward a greener future, China is ever more committed to transforming the steel industry into a low carbon-emitting one amid its long-term green pledges.
May21,2021
China's steel exports rise for third consecutive month in November
China's steel firms registered a third consecutive monthly increase in exports in November, driven by rebounding demand in overseas markets, according to the Ministry of Industry and Information Technology.
January04,2021
China's steel sector records output growth
China's steel sector registered output expansion in the first 11 months of the year, industrial data showed.
December21,2020
China's steel imports report steep Jan.-Oct. rise
China's steel imports registered rapid growth in the first 10 months of the year, while the decline in exports narrowed, according to the Ministry of Industry and Information Technology (MIIT).
December07,2020
China sees rise in steel imports in Sept.
China's import of steel hit a new high in September, according to the Ministry of Industry and Information Technology (MIIT).
November23,2020
China's steel sector sees output expansions in July
China's steel sector registered notable output growth in July as the country's economic recovery consolidates, industry data showed.
August24,2020
N. China's Hebei to boost digital transformation of steel industry
North China's Hebei province has recently issued an action plan for steel industry digital transformation in 2020-2022, aiming at promoting the transformation and upgrading of its steel industry to achiev high-quality industrial development.
July06,2020
China's steel scrap prices likely to be under pressure in July
Prices of the steel scrap in China is likely to see a drop of 50-100 yuan per tone in July. From the perspective of the current market, bearish factors seem to gain the upper hand, according to 315i.com.
July06,2020
Danieli strengthens itself also in Thailand with a new technology
Sahaviriya Steel Industries has chosen the group from Buttrio (Udine) for the downcoiler replacement of its hot-rolling mill in Bang Saphan, located in the central province of Prachuap Khiri Khan.
July01,2020
Digital transformation injects impetus to China's listed steel companies
The listed steel companies in China have recently witnessed excellent performance on the domestic stock market as many analysts believe the digital transformation has injected an impetus to their development, the Xinhua-run Shanghai Securities News reported on Thursday.
June18,2020
Masteel Group builds first heavy-duty hot-rolled H-beam production line in China
Masteel Group, one of the largest steel makers in China, has recently built the first heavy-duty hot-rolled H-beam production line in China and put it into operation on a trial basis, according to the local newspaper in Anhui on Friday.
June05,2020
China's steel industry plagued by weak demand amid epidemic
Steel industry in China is now in trouble and faced with problems such as impeded exports, soft demand, high inventories and falling prices, affected by the COVID-19 outbreak.
May13,2020
Baosteel conducts yuan-denominated deal with Rio Tinto
Baoshan Iron & Steel Co., Ltd., known as Baosteel, on Tuesday said it has recently made its first yuan-denominated iron ore purchase worth over 100 million yuan (about 14.1 million U.S. dollars) with Australian mining giant Rio Tinto.
May13,2020
China's iron and steel industry maintains steady growth
China's iron and steel sector saw overall stable growth in 2019, as the continued effort in cutting overcapacity filtered through, data showed.
March16,2020
China's steel PMI edges down in February
China's steel sector slowed down in February as market demand weakened amid the outbreak of the novel coronavirus, a report from the China Federation of Logistics and Purchasing (CFLP) showed.
March09,2020
Tight supplies bolster iron ore prices in China, despite high steel inventories
Iron ore prices in China have recently gained momentum and outperformed, despite the slow demand and high steel inventories.
February25,2020
China steel products quotes fall after Spring Festival holidays
Quoted prices of steel products in Chinese market kept falling since trading was resumed on February 3, partly due to concerns about the epidemic of novel coronavirus pneumonia (NCP)
February10,2020
First 3,000t/yr hot-formed steel production line project in China goes into operation, report
The first hot-formed steel production line project with an annual output of 3,000 metric tons (tonnes) in China has recently gone into operation in Gongzhuling City of northeast China's Jilin Province, according to the local newspaper Jilin Daily on Friday.
December20,2019
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