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28 August 2008

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General News

28 Aug | Jinan Steel lowers prices

28 Aug | Tangshan Steel Limited’s H1 profit rises

28 Aug | Sangang Minguang starts modernising steel works

27 Aug | Voestalpine upbeat on outlook after Q1 sales soar 68%

27 Aug | US steel imports edge higher in July

27 Aug | Chongqing seeks investment partners for relocation

27 Aug | Yuxi Xinxing Steel sees better performance in H1

27 Aug | Chinese steel prices to fall in September – Mofcom

27 Aug | Chongqing Steel Limited’s H1 profit surges

27 Aug | Sidor suffers first strike since renationalisation

26 Aug | Brazilian steel output and sales set records

26 Aug | Jeppsson steps down from Sweden's BE

26 Aug | Baotou Steel Limited’s H1 profit more than doubles

26 Aug | Hebei Group starts well, but eyes better profitability

25 Aug | Bar manufacturer to build integrated mill in India

25 Aug | Jiugang Hongxing sees higher H1 profit

25 Aug | Profit rises at Chengde’s listed arm

22 Aug | Taipei recommends new chairman for CSC

22 Aug | Bayi’s net profit trebles in H1

22 Aug | Xiangtan Steel to add desulphurisation unit

22 Aug | Hangzhou Steel’s profit surges

22 Aug | Changzhi Steel dismantles two BFs

22 Aug | Visa Steel signs fresh MoU for 2.5mt/y mill

21 Aug | Siemens VAI forecasts strong growth in India

21 Aug | Corus in talks to sell EU aluminium plants

Flat Products

28 Aug | ArcelorMittal-Valin JV's capex to be Yuan 6.5bn

28 Aug | Hot run starts on a Baosteel galvanising line

27 Aug | Higher prices see NLMK H1 net profit rise 43.7%

27 Aug | FerroChina injects $40m into galvaniser Xingdao

26 Aug | Corbellini to leave TK’s CSA for Vale

26 Aug | Salzgitter joins European mills pushing for Q4 flats hike

26 Aug | Bayi to lower sheet prices in September

26 Aug | Shougang orders three casters for Tangshan works

26 Aug | Converter commissioned in north China

25 Aug | Sumitomo and CSC go ahead with $1.15bn Vietnamese mill

25 Aug | Fosun’s H1 steel profit soars 476%

25 Aug | Bengang Steel Plates to set up sales companies

25 Aug | Wuhan to issue Yuan 3bn of bonds

25 Aug | London Mining signs up to Chinese JV with Wits Basin

25 Aug | Jingye Steel commissions ladle furnace

22 Aug | SSAB plans SEK 5.3bn boost for niche steel output

22 Aug | TK says buyers must renegotiate or lose volumes

22 Aug | Canada to review AD measures on East European plate

Long Products

28 Aug | IISCO orders 2.6mt/y convertor shop

28 Aug | Chilean mill boosts rebar and grinding bar output

27 Aug | SAIL starts work on fifth SPU

27 Aug | Heilongjiang Jianlong to spend Yuan 150m on green project

27 Aug | MSP Steel plans to start 2mt/y mill in India next year

27 Aug | Nucor to reopen bar mill next year after $30m revamp

25 Aug | Indian bar producer agrees JV to build mill in Nigeria

22 Aug | Mechel starts up equipment for service centres

22 Aug | Fushun completes mill upgrade, and starts relocating

22 Aug | Shagang lowers longs’ prices

21 Aug | Silence reigns in Turkish longs markets

21 Aug | Shougang’s H1 profit rises on higher steel prices

20 Aug | Malaysian builders remain unhappy about bar supply

20 Aug | China Oriental net profit rises 9% in H1

20 Aug | Baoji Titanium enters steel business

Pipes & Tubes

28 Aug | HG Metal to establish Malaysian pipe JV

27 Aug | Pipe mill to start production in east China

22 Aug | Ottawa rules China dumped welded pipe

21 Aug | Baosteel to build mandrel production line

19 Aug | Strong prices lift Samchai out of loss-making territory

18 Aug | Indian pipe group to start building US mill

18 Aug | Q2 profit rises at WSP

18 Aug | Xinxing Pipe mulls Yuan 8bn investment 2010 to 2015

18 Aug | Two pipe mills to be built in Tianjin

Stainless & Specialty

27 Aug | Fushun Special Steel’s net profit increased 40% in H1

26 Aug | Carpenter increases litigation reserve

26 Aug | Daye reports better H1 performance on higher prices

22 Aug | Changcheng ignites reheating furnace at new mill

21 Aug | NSSC cuts prices, and stops offering to stockists

21 Aug | Blizzards and 'quake drive Changcheng into loss

21 Aug | Taiyuan subsidiary obtains funds for capacity elimination

19 Aug | Taiyuan to build finishing line for precision STS strip

18 Aug | Centro Inox warns members about JV proposals

18 Aug | Xigang’s relocation plan moves ahead

14 Aug | Stainless pipe mill commissioned in east China

Steelmaking Raw Materials

28 Aug | Citic Pacific increases stake in coke venture

28 Aug | Benxi Steel to upgrade raw material stockyard

28 Aug | Nucor completes scrap acquisition in US

28 Aug | Usipar receives loan for BFs and sintering expansion

27 Aug | Rio Tinto continuing with Simandou, despite setback

27 Aug | TK to expand global trading in metals and raw materials

27 Aug | Mitsui spends A$198m to maintain Sims stake

27 Aug | Vale to boost its Chinese connections

26 Aug | Rio Tinto’s H1 net profit soars on demand and acquisitions

26 Aug | BHP shuts largest iron ore mine after fatal accident

26 Aug | Lower Chinese demand causes fall in Indian iron ore prices

26 Aug | Noble Group’s H1 profit almost trebles

26 Aug | SAIL more than doubles Bolani mine’s handling capacity

26 Aug | Chinalco’s increased stake in Rio Tinto approved

26 Aug | Cleveland-Cliffs' $10bn Alpha merger clears hurdle

25 Aug | Sinosteel extends Midwest offer – for the last time

25 Aug | Severstal plans to acquire US coalminer for $1.3bn

25 Aug | Shuicheng Steel commissions sinter machine

25 Aug | India’s iron ore shipments to China fall after export tax

25 Aug | Liuzhou lowers raw material purchasing price

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