China Expected to Export 50 Pct Fewer Steel Billets Next Year
Higher production cost will lower China's export of steel billets by at least 50 percent in 2008, said Qi Xiangdong, vice secretary general of the China Iron and Steel Association. Speaking at the third Forum on Bohai Bay Iron and Steel Market Wednesday, Qi predicted that steel products will also dr...
+ MoreChina 2007 Steel Output to Rise by 58 Mln Tons
Total steel output in China is expected to rise by 58 mln tons from 2006 to 480 mln this year, said Li Shijun, secretary-general of the China Iron and Steel Association (CISA). Li told a conference in Shanghai that in the first half, the country's crude steel production totaled 237.58 mln tons, up 1...
+ MoreSteel industry expects stable prices next year
Steel mills from China, the world's largest iron ore consumer and importer, say they expect raw material prices to remain stable next year, as negotiations with major global suppliers draw near. Shen Wenrong, chairman of Shagang Group, the country's fourth-biggest steelmaker, said yesterday there ...
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