Slower Rise in China's Crude Steel Output

India's steel production growth rate was on a par with the world average of 1.7 per cent in July, but it has to make big strides to bridge the first seven months' gap.

CSC Price Adjustment for 2014 September Domestic Prices

The nation exported 4 million metric tons of finished steel to Latin America in the first half of 2014, making the region the second-biggest destination of Chinese exports as China-Latin America trade continues to grow.

China's iron ore import surged 18 percent in the first 7 months from a year ago to a total of 540 million tons,turning around from the beginning of this year. This came as China's manufacturing industries expanded at a mild pace, and international iron ore pri...

China's leading steelmaker has estimated national crude steel output in 2013 at 822 million tons, nearly 6 percent above official data, suggesting the country's supply glut is worse than previously estimated.

According to Stainless Steel Council of China Special Steel Enterprises Association (CSSC), China produced 10.68 million tons of stainless steel in the first half of 2014, an increase of 21.19% compared to the same period of 2013.

China unveiled a detailed overcapacity replacement policy on last Thursday that will promote cuts in the iron and steel, electrolytic aluminum, cement and glass industries.