Tag: china

Alcero, the non-profit Latin American steel association has reported that in Jan-Aug 2015, China shipped 5.7 MT of finished steel to Latin America, 5% more than the 5.4 MT recorded during the same period in 2014.

The 17th meeting of the 15th Board of Directors of China Steel Corporation (CSC) was held on October 1, 2015. Major items on the agenda were: purchases of lands and buildings from World Best Co; election of the chairman of the board directors of CSC; Dr.

The European Commission has published definitive anti-dumping duties on imports of stainless steel cold-rolled flat products (SSCR) from China and Taiwan (Regulation 2015/1429). The European Commission has confirmed existing provisional measures and imposes definitive anti-dumping duty rates up to 25.3% on SSCR imports from China, and up to 6.8% on imports from Taiwan.

The International Stainless Steel Forum (ISSF) has released figures for the Q1 2015 suggesting that 10.4 Million Metric Tons (Mmt) stainless steel melt shop production was at the same level year–on–year(y-o-y). In Western Europe/Africa there was 24.8% hike in quarter-on- quarter (q-o-q) production and 7.3% decline in y-o-y production.

According to the International Molybdenum Association (IMOA), the global production of molybdenum fell to 128.8 million pounds in the Q1 2015, from 148.1 million pounds in the Q4 2014, and is 5% lower compared with the Q1 2014.

BWX Technologies subsidiary BWXT Canada has been awarded major contracts for steam generator design and component manufacturing for the HPR1000 nuclear plant in Guangxi, China.

The steam generator design contract for Guangxi Fangchenggang Nuclear Power (GFNP) Units 3 and 4 was awarded by China Nuclear Power Engineering and China Nuclear Power Design Company -- wholly-owned subsidiaries of China General Nuclear Power Corporation.

The European Union will impose anti-dumping duties on imports of cold-rolled flat stainless steel from China and Taiwan, according to a notice in the EU's Official Journal. The EU will apply tariffs of up to 25.2% for sheet, coil and strip imports from China and up to 12% for Taiwanese product, following a complaint lodged in May 2014 by the European steel producers association, Eurofer.

AkzoNobel’s Specialty Chemicals business broke ground on a new alkoxylation facility in Ningbo, China, bringing the company’s total investment in the strategic multi-site to more than EUR 400M. The Ningbo multi-site covers around 50 hectares and accommodates production for chelates, ethylene amines, ethylene oxide, organic peroxides and Bermocoll cellulose derivatives.

Tethys Kazakhstan, a subsidiary of Tethys Petroleum, signed an MOU with PetroChina International Kazakhstan to explore the feasibility of a long-term and mutually beneficial co-operation in natural gas and crude oil deliveries.

The Board of Directors of General Steel Holding, a non-state-owned steel producer in China, has approved a strategic restructuring plan designed to accelerate the company's business transformation. The transformation includes implementing additional cost-cutting programs at Longmen Joint Venture, selling the company's stake in General Steel Special Steel Pipe Joint Venture Company (Pipe JV), and reconfiguring the company's steel manufacturing facilities and assets to facilitate expansion into logistics and Internet-of-Things businesses. During the fourth quarter of 2014, the company sold its stake in the Pipe JV.