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China steel body seeks speedy change to scrap standards
Thu, 18 May 2023 00:00:00 GMT
The government-backed China Iron and Steel Association (CISA) on Tuesday debated how to speed up the revision of standards for steel scrap to boost imports, the industry association said on its WeChat account on Wednesday. China has said it will increase steel scrap use in steelmaking to try to reduce reliance on iron ore imports and also cut carbon dioxide emissions. The worlds largest steel producer, with more than 70% of iron ore supply from abroad, has a target to reach peak carbon


Baosteel sees Chinas 2023 steel output flat to lower vs last ...
Sat, 29 Apr 2023 00:00:00 GMT
Chinas biggest listed steelmaker, Baoshan Iron & Steel Co 600019.SS, expects the countrys 2023 crude steel output to be flat or slightly lower than last year, an executive said on Friday, in line with broader market expectations. Chinas huge steel market is waiting for official confirmation that Beijing will continue a mandate started in 2021 to cap steel output to help it meet emissions goals. The comments on output were made by chairman Zou Jixin during a briefing after the release


China Q1 steel demand better than expected, says industry group
Thu, 27 Apr 2023 00:00:00 GMT
Chinas first-quarter steel demand grew 1.9% from a year earlier, more than expected, an industry group said on Wednesday, countering market views that weak demand has been a key reason for falling prices. Apparent steel consumption reached 243.42 million tonnes during the first three months, officials from the China Iron and Steel Association (CISA) said in a quarterly briefing, as the worlds No. 2 economy lifted tough COVID curbs that had hampered construction activity. The demand is


Servo press tech helps metal stamper hone its value proposition
Fri, 07 Oct 2022 07:00:00 GMT
Winning takeover work by besting a competitor can be a satisfying feat. Bringing in takeover work from your own loyal client is a win of another kind. Thats what happened at Wisconsin-based stamping contract manufacturer Kapco, with the purchase of servo press


How to run a manufacturing company with two distinct customer ...
Wed, 13 Jul 2022 14:00:00 GMT
Wisconsin-based metal fabricator HUI Mfg. has figured out how to serve two distinctly different customer sectors



Number of Baosteel company news reports: 5
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