Hebei Iron and Steel Group Co Ltd has taken a controlling stake in Switzerland-based Duferco International Trading Holding, a move that will help China's largest steel producer expand its presence in the global markets.
Hebei Iron & Steel, the largest steel long product maker in Northern China has announced its construction steel guidance prices for mid-November contracts.
Chinese steel companies produced a record amount of crude steel in the first nine months, despite the government's efforts to thin the sector, according to an industrial report on Wednesday.
Affected by weakening domestic demand and falling prices, private-sector steel producers fell out of the top 10 positions on the top 500 private companies list, which was released by the China Non-government Enterprise League on Sunday.
The US International Trade Commission (ITC) on Friday approved anti-dumping and countervailing investigations on imports of boltless steel shelving prepackaged for sale from China, paving the way for the Department of Commerce to set preliminary duties in the ...
Global demand for steel will grow by just 2 percent this year owing to a rebalancing of the Chinese economy and a slowdown in other emerging countries, the sector's trade body said on Monday.
The US Commerce Department announced Tuesday that it initiated anti-dumping duty (AD) and countervailing duty (CVD) investigations against imports of boltless steel shelving from China.