Shanghai Baosteel - latest business news. logo

Shanghai Baosteel News

baosteel news

China steelmakers expect strong Q2 demand, drop in iron ore prices ...
Sat, 20 Mar 2021 00:00:00 GMT
Chinas steelmakers foresee a strong second quarter on continued high demand and expect raw material prices to fall from recent peaks as supply tightness eases, the countrys steel association said on Thursday. HBIS Group and Anshan Iron and Steel, two major steel firms in top producer China, were among those to take part in a seminar organised by the China Iron and Steel Association (CISA) to discuss recent developments and future trends. Participants expected the April-June period to see a

The case for bringing weld training in-house
Wed, 10 Feb 2021 07:00:00 GMT
Two Midwest metal fabrication shops, DeWys Mfg. of Michigan and Schuette Metals of Wisconsin, share how the investment in welding training programs has helped them find, hire, and prepare welders for long-term

Wisconsin Steel and Tube adds laser technology
Wed, 20 Jan 2021 11:45:00 GMT
Milwaukee-based steel service center Wisconsin Steel and Tube continues its evolution into contract manufacturing with the addition of two Bystronic laser tube cutting systems. The machines will be available for projects starting in Q2 2021. The ByTube 130 machine employs fiber laser

Steel/Metal Industry: Baosteel to Raise Flat Product Prices in ...
Sat, 09 Jan 2021 00:00:00 GMT
Baosteel has raised its February domestic distribution prices for HR, CR, and plate products by RMB350/ton, RMB400/ton, and RMB300/ton, respectively. Driving the price hikes are iron ore price expansion and solid demand. Product price hikes in reflection of rising costs should help domestic steel players to enjoy profitability improvement. Baosteel raises February distribution prices due to surge in iron ore prices Chinas Baosteel (600019.SH) has decided to raise its February domestic

China: Steel sector sees production expansion
Tue, 22 Dec 2020 00:00:00 GMT
Industrial statistics revealed that Chinas steel sector reported production growth in the first 11 months of 2020. According to the China Iron and Steel Association (CISA),crude steel production increased 5.5 percent year on year to hit 961.16 million tons in the January-November period. The CISA stated that the production of pig iron augmented 4.2 percent from a year earlier to 812.9 million tons throughout the period. The association projected the countrys yearly production of crude

Avoid speed bumps at the press brake
Mon, 21 Dec 2020 13:30:00 GMT
A hang-up in the bending department can throw a wrench into a press brake operators workday. Here are some efficient strategies according to Jonah Higgs, tech leader at Wisconsin-based Applied Laser Technologies and creator of web-based tool Bend

Service center takes the plunge, becomes a fabricator almost ...
Tue, 08 Dec 2020 07:00:00 GMT
Like most service centers founded decades ago, Wisconsin SteelandTube Corp. did a brisk business using the transaction business model, but change is inevitable. In 2010 the company sought to provide machining services and founded a separate metal

China: Steel industry witnesses production growth
Mon, 30 Nov 2020 00:00:00 GMT
According to developed figures, steel industry of China recorded production growth during the January-October period of 2020. The China Iron and Steel Association (CISA) stated that, crude steel production witnessed a year-on-year expansion of 5.5 percent to come in at 874 million tonnes in the first 10 months. According to the CISA, pig iron production climbed 4.3 percent from a year ago, reaching 742 million tonnes in the stated period. The yearly production of crude steel in China was

China: Crude steel output nears record
Tue, 27 Oct 2020 00:00:00 GMT
Chinas crude steel output is estimated to exceed 1 billion metric tons this year. That will mark an increase of 3-5 percent year-on-year. But, the industry profitability this year is likely to stay flat and may increase modestly next year, according to the China Iron and Steel Association. Qu Xiuli, deputy head of CISA, said the industry has been able to maintain high-quality development during the first nine months of the year, despite the negative impact of the COVID-19 pandemic and

Daily crude steel output at CISA key mills dipped 0.84% in early ...
Fri, 16 Oct 2020 00:00:00 GMT
Chinas steel production dipped in early October. The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.17 million mt per day in the first 10 days of October, up 0.58% from late September and up 14.9% from the same period a year ago. Average daily production of pig iron across those mills rose 162% from late September to 1.92 million mt in early October and up 12.3% from the same period a year ago, while that of steel products

Central firms walk the reform talk
Fri, 09 Oct 2020 10:07:00 GMT
China Baowu is a group formed from the merger of Shanghai-based Baosteel Group and Wuhan Iron and Steel Group in Central China's Hubei province in December 2016. It is currently the country's most

China steel sector sees higher demand in second half, calls to ...
Wed, 16 Sep 2020 17:55:00 GMT
Chinese major steel producers had suggested to prevent sharp increase in imports of the industrial metals and to relax purchase of overseas steel scrap, the China Iron and Steel Association (CISA)

Number of Baosteel company news reports: 12
Subscribers get access to full set of business news headlines and reports (up to 20).
Click here to subscribe.

Copyright © 2001 - 2021 All rights reserved.
Latest news from Baosteel, China.