Tag: china
Chinese SS prices stabilise
Chinese domestic market prices of austenitic flat-rolled stainless have risen more than RMB 1000/tn since the middle of October, Steel Business Briefing learns from industry sources.
China: MTG pilot plant
Uhde has been awarded a contract by the Chinese company Shanxi Jincheng Anthracite Coal Mining Co. Ltd for the engineering and supply of a methanol-to-gasoline (MTG) plant.
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.