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Growth in China's steel output this year driven by domestic demand, association
Growth in China's steel output so far this year is entirely driven by domestic market demand, according to the China Iron and Steel Association (CISA) on Monday.
China to roll out guideline on improving steelmaking efficiency
China will unveil a guideline to improve the efficiency and shorten the process of steelmaking, the Ministry of Industry and Information Technology (MIIT) said Monday.
Iron ore prices in China have no grounds for sustainable surge, report
Iron ore prices in China will not keep its uptrend in the long run as the supply-demand in the domestic iron ore market don’t change fundamentally, Shanghai Securities News quoted analysts as saying on Tuesday.
Chinese steel producers' profits decline 18 pct in Jan-May
Chinese steel producers saw their profits fall 18.2 percent year on year in the first five months of 2019 as rising costs hurt earnings, an industry association official said Friday in Shanghai.
China Baowu Steel Group acquires 51-pct stake in Masteel Group
China Baowu Steel Group Corporation Limited (China Baowu) has recently signed a free transfer agreement with the State-owned Assets Supervision and Administration Commission of Anhui Province to acquire a 51-percent stake in Masteel.
China's rebar prices likely to remain high in short term on robust demand
Rebar prices in China are expected to remain high in the short term thanks to the robust demands from downstream sectors, analysts predicted.
China's crude steel output up 9.9 pct in Q1
China's steel producers reported steady output growth in the first quarter, with production of crude steel up 9.9 percent to 231 million tonnes, data from an industry association showed Sunday.
China to release guidelines on steel industry consolidation
China will soon release guidelines to push mergers and restructuring plans for the steel industry to facilitate the creation of larger and stronger groups that can compete in the global market, according to a report by the Economic Information Daily.
Iron ore prices still have room to rise in the future: industry insiders
Iron ore prices still have room to rise in the short term, which will to some extent drive up steel prices in the future, industry insiders generally believed.
China to maintain high pressure on steel overcapacity
China will conduct a random inspection among provincial regions that are prone to illegal steel production activities this year, an official said Saturday.
Chinese company produces large seamless circular forging for nuclear reactor
China's Taiyuan Iron & Steel Group (TISCO) announced Tuesday that it has produced a huge seamless circular forging with high-purity stainless steel, which will be used in a 4th-generation nuclear power unit.
China's steel market to maintain basically stable in 2019, insiders
China's steel market is generally in a tight balance in 2018 and the market in 2019 is expected to maintain basically stable, according to insiders.
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