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China steelmakers actively getting involved in overseas projects along the "B&R" route

Which projects have Chinese steelmakers been involved in since the “Belt & Road” initiative was proposed in 2013?

05-19-2017 10:30:51

CISA member steelmakers' steel product sales gain by 1.71% YoY in Nov 2016

According to the China Iron and Steel Association (CISA), its member steelmakers sold 45.78 million mt of steel products in November 2016, rising by 770,400 mt or 1.71% YoY.

12-27-2016 17:38:36

CISA: Major steelmakers' daily crude steel output rises by 1.2% MoM to 1.722 mln mt in early Nov

According to the China Iron and Steel Association, member steelmakers reporting to the association saw average daily crude steel output up by 20,700 mt or 1.22% from ten days ago to 1.722 million mt in early November.

11-30-2016 11:46:40

CISA: Major steelmakers' daily crude steel averages 1.72 mln mt in late September

According to the China Iron and Steel Association, key steelmakers’ daily crude steel output stood at 1.7209 million mt on average from September 21st to 30th, down by 53,300 mt or 3% from ten days ago.

10-12-2016 11:45:03

CISA: 100 major steelmakers record a crude steel output of 17.59 mln mt in early September

According to the China Iron and Steel Association (CISA), 100 major steelmaking company groups under CISA monitoring produced 17.5891 million mt of crude steel, 17.2414 million mt of pig iron and 16.7891 million mt of steel products in the first ten days of September

09-26-2016 17:25:12

CISA: Large and medium-sized steelmakers make a profit of CNY4.094 bln in June

According to the China Iron and Steel Association, 99 large and medium-sized steelmakers realized total sales revenue of CNY243.342 billion and total profit of CNY4.094 billion in June 2016.

07-28-2016 14:40:40

CISA: Major steelmakers' daily crude steel output pegged at 1.6897 million mt in mid-July

Their daily crude steel output averaged at 1.689 million mt, down by 14,400 mt or 0.85% from ten days ago.

07-27-2016 15:22:35

CISA: Key steelmakers' daily crude steel output averages at 1.7421 mln mt in early July

According to the China Iron and Steel Association, major steelmakers’ daily crude steel output averaged at 1.7421 million mt from July 1st to 10th, down by 21,600 mt or 1.22% from ten days earlier.

07-21-2016 15:59:31

Previous loss-making steelmakers turn into big profit-makers in Q2

Of the 46 listed steelmakers monitored by SWS Research, 17 ones have unveiled their H1 2016 performance report, with three ones reporting a loss and the rest reporting a profit.

07-13-2016 15:08:13

CISA: Large and medium-sized steelmakers make a profit of CNY64 million in Jan-Apr

Chinese large and medium-sized steelmakers returned into a profit of CNY64 million in the first four months of the year, Wang Liqun, vice director with the China Iron and Steel Association told the Steel Derivative International Conference held in Shanghai on June 24th.

06-28-2016 10:56:13

Baosteel Group and WISCO likely to merge into the world's No. 2 steelmaker

Baosteel and Wuhan Steel revealed on June 26th that Wuhan Iron and Steel (Group) Corporation (WISCO) and Baosteel Group are planning strategic reorganization and the plan will be proposed to related authorities for approval after it is set.

06-27-2016 14:18:20

CISA: Major steelmakers' daily crude steel output averages 1.74 mln mt in early June

According to the China Iron and Steel Association (CISA), key steelamkers reporting to the CISA reported an average daily crude steel output of 1.7416 million mt in early June, down by 2.03% from in late May.

06-22-2016 17:11:28

POSCO named as world's most competitive steelmaker

Korea’s biggest steelmaker POSCO has been named the world’s most competitive steelmaker this year.

06-16-2016 17:07:58

More steelmakers in eastern China hike scrap buying prices

Jiangsu Shagang, Maanshan Iron & Steel and Zenith Steel all announced CNY100/mt ($15.20/mt) hikes effective Wednesday.

06-15-2016 16:38:01

Steelmaker production limitation intensifies in Tangshan

Production restriction at steelmakers in Tangshan seems intensifying after the Dragon Boat Festival holiday. Guofeng Steel, Lugang Steel and Jinxi Steel alike informed their clients that they would halt or trim production and would not be able to deliver goods as scheduled due to force majeure.

06-14-2016 14:30:56

CISA: Major steelmakers' daily crude steel output averages 1.7777 mln mt in late May

According to the China Iron and Steel Association (CISA), major steelmakers monitored by the association arrived at 1.7777 million mt in late May, up by 1.83% from in mid-May.

06-13-2016 11:46:55

CISA: Major steelmakers' daily crude steel output pegged 1.71 mln mt in early May

According to the China Iron and Steel Association, major steelmakers’ daily crude steel output came to 1.7096 million mt from May 1st to 10th, down by 9,700 mt or 0.56% from the preceding ten-day period.

05-24-2016 10:09:38

28 listed steelmakers make an average loss of CNY1.6 bln in 2015

Up to April 27th, 28 of the 34 listed steelmakers had unveiled their 2015 annual performance report. 16 of the 28 steelmakers reported an estimated loss, accounting for 60%. They reported a total loss of CNY44.36 billion, meaning an average loss of CNY1.58 billion for each

04-28-2016 15:49:08

A shift from business tax to VAT benefits steelmakers

While the supply-side reform helps reduce supply, the VAT program can help boost demand. Under dual favorable policies, the construction steel market will see a bright prospect.

03-31-2016 15:18:36

A sharp decline in iron ore prices reopen profit window for steelmakers

In the last few days, iron ore prices dropped sharply and steel prices stabilized, offering a rare chance for Chinese steelmakers to win profits.

03-30-2016 15:41:10

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