Shagang Cuts Stake in Listed Steel Unit to Diversify

The decision by the nation's largest private steelmaker, Shagang Group, to sell 55.1 percent of the shares in its Shenzhen-listed unit

Monday, March 2, 2015

China's Steel Exports Rise for Record Fifth Month

Steel exports from China, the world's largest producer, rose to a record for a fifth month as new tax rules for some shipments failed to slow sales.

Tuesday, February 10, 2015

China Sees Difficulty in Bloated Steel Industry in 2015

China's bloated steel industry will continue to experience tough times this year despite years of government efforts to address

Friday, February 6, 2015

China Steel Industry Struggles

Although China's steelmakers saw a big rise in profits last year, the industry still has overcapacity problems that have dragged prices to record lows.

Friday, January 30, 2015

China's Removal of Steel Export Rebate to Reduce Shipments

China ended an export-tax rebate on steel alloys that contain boron as of January 1, according to a ministry of finance statement. The nation's foreign steel sales would fall by 20 to 30 per cent in the first quarter from the previous three months because of t...

Tuesday, January 6, 2015

US to Levy Punitive Duties on China's Steel Wire Rod

The International Trade Commission (ITC) of the United States ruled on Monday that an American industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from China, paving the way for the US government to levy punitive duti...

Wednesday, December 17, 2014

Turkey's Crude Steel Output Drops in Nov 2014

According to statistics released by the Turkish Iron and Steel Producers' Association (TCUD), the country’s crude steel output totaled 2.8 million tons in November, decreasing by 8.6% year on year and up by 3% from a month ago.

Wednesday, December 17, 2014

China's 2015 Steel Demand Estimated at 720m tons

China's steel industry continues battling overcapacity as demand for 2015 is estimated at 720 million tons with a slower year-on-year growth of 1.4 percent an industry report said on Wednesday.

Thursday, December 4, 2014
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