Steelmakers continue capacity cuts By Jing Shuiyu (China Daily)Thu, 27 Apr 2017 00:00:00 GMT
A worker monitors production at an iron and steel plant in Lianyungang, Jiangsu province. Photo by Si Wei/For China DailyChina's steelmakers need to press ahead with capacity cutting and deleveraging, despite the sector's strong performance in the first quarter of the year, an expert said.Gu Jiang...
China crude steel output up 4.6% in Q1 (Xinhua)Wed, 26 Apr 2017 00:00:00 GMT
Workers load steel products at a logistics park in Yichang, Hubei province. Photo/China DailyBEIJING - China's crude steel output grew 4.6 percent year-on-year to 201.1 million tons in the first quarter of 2017, an industry association said Wednesday. In the first three months, China's steel expor...
China's production cuts add luster to aluminum pricesTue, 25 Apr 2017 02:23:00 GMT
To tackle this more than decade-long problem, the government in January announced a 30% production cut in aluminum for Hebei, Shandong, Henan and Shanxi Provinces by the end of November. Beijing previously hinted at cutting production of aluminum ...
China's steel industry urged to continue downsizing (Xinhua)Tue, 25 Apr 2017 00:00:00 GMT
BEIJING A senior figure in the Chinese steel industry has called for further cuts to steel capacity, saying the sector remains saturated, despite increased profits and production of steel mills in the first quarter. The whole industry needs to press ahead with cutting capacity and de-leveraging...
Discover the metal powder market forecast to 2022Mon, 24 Apr 2017 19:17:00 GMT
Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players like Hoganas, GKN Hoeganaes, QMP, Laiwu Iron & Steel, JFE, Jiande Yitong, WISCO PM, Alcoa, Shandong Xinfa, Hunan ...
London: Brazilian campaigners challenge mining company's expansion ...Mon, 24 Apr 2017 05:22:00 GMT
The dam already has a capacity of 370 million cubic metres of tailings. In contrast, the Samarco breach spilled roughly 32 million cubic metres of iron ore tailings in the region, killing 20 and decimating countless local ecosystems along the Doce River.
Nearly 30 Chinese steel firms have licenses revoked for violations: ...Sun, 23 Apr 2017 23:33:00 GMT
Metallurgical News also said 18 out of 64 firms in China's biggest steel producing city of Tangshan have ceased production or been shut down as a result of the latest campaign.
JSW Steel plans to increase capacity to 45 mt by 2030Sun, 23 Apr 2017 00:00:00 GMT
Today we have 18 mt installed capacity which is 15 per cent of the national steel manufacturing capacity of 128 mt. If the country
JSW Steel looks to increase capacity to 45 MT by 2030Sun, 23 Apr 2017 00:00:00 GMT
Leading alloy-maker JSW Steel is planning to increase its manufacturing capacity to 40-45 million tonne by 2030 from the present 18 millio
Premier Li urges Shandong to foster new growth driversSat, 22 Apr 2017 20:10:00 GMT
After being briefed on the capacity-cut progress at Jinan Iron and Steel Company, Li told employees that the drive needs support from both central and local authorities, and the government will ensure that workers made redundant in the process will be ...
Industrial transfers to Caofeidian remove Beijing's non-essential ...Fri, 21 Apr 2017 21:47:00 GMT
The seawater desalination project in Caofeidian can now meet the production need of Shougang Group, one of the country's largest steel companies, with a daily processing capacity of 50,000 tons. The second phase of the project is expected to come into ...
Li talks with shantytown dwellers in ShandongFri, 21 Apr 2017 17:55:00 GMT
The premier started his Shandong tour on Wednesday. On Thursday, Li visited Jinan Steel and Iron Group, a subsidiary of Shandong Steel Group. As the company is cutting excess production capacity, more than 20,000 workers have to be transferred to other posts.
Number of news reports: 12