Tag: china
SS product mix realignment
China’s stainless steel industry is looking to realign its product mix to low nickel grades due to acute shortage and high prices of nickel and promote production and utilization of ferrite stainless steel.
China to face excess SS
China, which is dependent on import of stainless steel at present, is likely to face an overcapacity situation in coming years.
Posco to commission new HR mill
Posco’s stainless mill in China, Zhangjiagang Pohang Stainless Steel Co., is set to commission its 600,000tpy hot rolling facility at its Zhangjiagang works in eastern Jiangsu province in July, with trial production scheduled to start in June, a company source told MB.
China extends AD on CR SS
China will extend anti-dumping duties between 17% to 58% for 5 years on the import of cold rolled stainless steel sheets from Japan and South Korea as per a release from China’s Commerce Ministry.
SS unit successful
Terra Nostra Resources Corp. has announced successful production trials and the commencement of sales and distribution at its recently opened stainless steel facility in China.
Mittal Steel to hunt for acquisitions
Mittal Steel's hunt for acquisitions will shift to China and India once the company has pulled off its planned USD 22.1 billion takeover of Arcelor citing CFO Mr Aditya Mittal.
Arcelor close to unveiling China project
Arcelor is close to announcing a project in China that it hopes will help convince its shareholders that it has a global growth strategy that offers its shareholders a superior proposition to Mittal Steel.
China: hydropower plants
Unified Energy Systems (UES) plans to spend USD 8.2 billion expanding hydropower in eastern Siberia, which will help produce more energy to export to China.
New CR SS line in Jiagmen
Rixin Stainless Steel Co Ltd has announced that a 12,000 ton cold-rolled stainless steel project will start operations on 18 December in Jiangmen of Guangdong Province of China.
EU anti-dumping duties
The EU has said that it has imposed anti-dumping duties ranging from 7% to 27.4% on imports of certain stainless steel fasteners and their parts from China, Taiwan, Indonesia, Thailand and Vietnam.
