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Amanda Zhang

23May

China sees late May construction steel price increase

Major steel mills in China have lifted their late May construction steel ex-work prices by CNY …

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23May

Hegang actively engages in financing domestically and abroad

Hebei Iron & Steel (Hegang) has been actively raising finance on overseas and domestic markets, helping …

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23May

China publishes details of capacity cuts subsidies

In 2016 China’s Ministry of Finance (MOF) has spent CNY 41.869 billion ($6.08 billion) of the …

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23May

China's Siping Xiandai resumes production

Northeastern China’s Siping Xiandai Iron & Steel resumed production at two 450 cubic metre blast furnaces …

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23May

Chinese steel trader gets jailed for credit fraud

A Shanghai-based steel trader has been sentenced to jail for life after illegally securing credit worth …

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22May

China cuts more induction furnaces

A growing number of Chinese provinces have reported their mislabelled steel capacity elimination progress, showing that …

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22May

China aims to accelerate scrap consumption

China has established the National Scrap Industry Union (NSIU), which held its first forum on 16 …

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22May

Shagang enters into data centre business

Jiangsu Shagang’s listed company announced a trading halt pending an announcement on its restructuring last Friday. …

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19May

More Chinese steel mills cut June flats' prices

Several Chinese steel mills have now cut their June ex-works pries, while some have held them …

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19May

Steel closures subsidy spread unevenly across capacity

Chinese local governments are distributing subsidies for worker relocation based on workforce rather than capacity, showing …

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