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  • The Central Bank might Alter the Exchange Rate Intervention Strategies

    Date:2016-01-07      View(s):1695      Tag:industry news, steel industry

    In December, the foreign exchange reserves has declined $107.9 billion, the central bank might alter the exchange rate intervention strategies. Market rumors about the central bank in China is that the central bank might buy large amount of RMB from large state-owned banks to support the RMB market. ...

  • Chinese Steel Exports Breakthrough History Record

    Date:2016-01-04      View(s):1723      Tag:steel industry, steel exports in China

    Financial sector stocks: this year, China's steel exports reached a record level of more than 100 million tons, indicating that China relies on global sales to help to absorb excess capacity. ...

  • Using the Market to Solve the Overcapacity in the Steel Industry

    Date:2015-12-29      View(s):1750      Tag:steel industry overcapacity, steel pipe manufacturer, steel industry in China

    In Januaray, the senior leaders, Li Keqiang has stressed that, under the current overcapacity prescriptions in China, the government will forced to give full play role to the market mechanism....

  • Developing Steel Construction can Resolve the Overcapacity

    Date:2015-12-28      View(s):1812      Tag:steel construction, structural steel pipe manufacturer, structural steel pipe in China

    On Januaray 8th and 9th, The Committee of Steel Structure Experts in China has hold the annual meeting in Wuhan, Hubei Province. More than 200 steel structure experts get together and discussion the current steel industry in China. ...

  • Chinese Steel Export has reached 9.61 million tons in November.

    Date:2015-12-02      View(s):1806      Tag:steel pipe exporter, steel pipe manufacturer in China, carbon steel pipe exporter in China

    In November 2015, the Chinese Steel Export has reached 9.61 million tons, which shows a 1.1% of declining rate, according to the Chinese Customs Statistic Data. ...

  • Chinese Steel Industry in the next 12 month

    Date:2015-11-27      View(s):1785      Tag:steel industry in China, domestic demand for steel pipes, steel pipe raw material price

    "In the next 12 month, the Chinese steel market will be in a further deterioration situation due to the weak domestic demand in China."Moody's Investors Services Company said....

  • A number of private steel enterprises in China are under pressure

    Date:2015-11-19      View(s):1742      Tag:carbon steel pipe manufacturer, carbon steel pipe supplier, carbon steel pipe factory

    There are a number of private steel enterprises have shut down in the City of Tangshan, for example Songjeong Steel Company. Till today, there is nearly 15 million tons ofsteel production capacity has out of the market. ...

  • Steel Manufacturers both in UK and China decided to lay off steel workers to survive in the downturn

    Date:2015-11-18      View(s):2027      Tag:carbon steel pipe manufacturer, erw steel pipe manufacturer, seamless steel pipe manufacturer

    25-year-old steelworker, Matt Cooke who worked for Britain's biggest steel maker Tata Steel worried about his job and the prospects of the steel industry. Tata Steel plans to lay off 900 employees from Scunthorpe because the Chinese steel imports is cheaper than local products. ...

  • Chinese Steel Manufacturers expanded market in nuclear power industry

    Date:2015-11-13      View(s):1784      Tag:carbon steel pipe manufacturer, carbon steel pipe supplier

    November 10, Anshan Iron and Steel Group has produced 1200 tons of steel products for an international nuclear power project. This is the first time that Chinese steel products exported for an international nuclear power project....

  • Iron Ore Market Crisis in Iran

    Date:2015-11-12      View(s):1785      Tag:carbon steel pipe manufacturer, carbon steel pipe supplier

    Since the decline demand for iron ore in China, the import prices for iron ore with 62% purity has fell to $48.6 /ton. Singapore Commodity Trading Fund predicted that due to the Chinese steel overcapacity, the demand for iron ore is also declining....

  • Numbers of domestic steel industry started mergers and acquisitions.

    Date:2015-11-11      View(s):1802      Tag:carbon steel pipe manufacturer, carbon steel pipe supplier

    The steel industry chain of mergers and acquisitions being popular during the steel industry depression time. According to imformed sources revealed to Future Daily reporter, there is a enterprise in Beijin has been acquired Desheng Steel...

  • Trade protectionism will become a constraining for Chinese steel exports.

    Date:2015-11-10      View(s):1751      Tag:carbon steel pipe manufacturer, carbon steel pipe supplier

    According to the latest report announced by the Chinese Ministry of Commerce, the US Department of Commerce has initiated anti-dumping and countervailing investigation for the Chinese galvanized steel products. ...

  • The devaluation of RMB has stimulated steel exports

    Date:2015-11-09      View(s):1746      Tag:carbon steel pipe manufacturer, carbon steel pipe supplier

    In August 2015, there are many media has reported that the Chinese steel products manufacturers and exporters have cut the steel export prices due to the sharp devaluation of the RMB....

  • The European steel industry intends to tighten import controls.

    Date:2015-11-08      View(s):1709      Tag:steel industry, carbon steel pipe market, carbon steel pipe manufacturer, steel pipe exporter

    The European steel industry push to take vigorous action against imports from China. There will be a high-level summit to be held in Brussels to discuss the future of European steel industry....

  • Australia has delayed the release of welded steel pipe anti-dumping final report.

    Date:2015-11-06      View(s):1815      Tag:welded carbon steel pipe manufacturer, welded steel pipe exporter, carbon steel pipe supplier

    In October 30, 2015, The Australian Anti-Dumping Cmmittee announced that the release of the welded steel pipe (originating in China) anti-duming review final report has delayed until December 14, 2015...

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