Six hours drive away to the southwest, meanwhile, executives at Hebei Xinjin Iron Steel Co, a Handanbased mediumsize mill, are scrambling to find a new site in the south after being served notice to leave their home province last month.
The gas pipeline leak in the ironworks of a subsidiary of China's largest steel enterprise Baowu Steel Group caused death toll in the early hours yesterday. It took place in the No. 7 blast furnace in the company's ironworks at around 3 yesterday, causing 18 people to have been overcome by carbon monoxide fumes.
Oct 31, 2018· Mysteel's survey on the molten iron cost among the 91 blast furnace mills across China posted a 5% rise quarter on quarter, among which, the 62% Australian iron ore fines price index rose % on quarter, and coke price index hit a 10year high of Yuan 2,562/tonne as of September 13 or up % on quarter as of September 30.
China's pledge to shut down inefficient steel mills and address chronic pollution has triggered a rally in iron ore futures as traders bet a more profitable steel sector will underpin strong ...
The increased steel production came as mills chased strong prices and ahead of Chinaled output curbs during winter as the country aims for clearer skies.
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In 2017, the company's series 300 stainless steel output accounted for 89% of China's production. Its output cut in February and March would account for close to 2% of the country's series 300 stainless steel .
Cashedup mills throughout China are buying up highgrade iron ore to ramp up production and take advantage of elevated steel prices. Traders and analysts reported a surprising urgency among mills ...
MAJOR STEELPRODUCING COUNTRIES 2014 AND 2015 million tonnes crude steel production Country 2015 2014 Rank Tonnage Rank Tonnage China 1 1
The superpowers of today, the USA, China, and Russia, have immense reserves of both iron ore and coal. Over 70% of global steel produced today from iron ore is largely dependent on coal.
Feb 20, 2018 China's steel producers are eager to unleash their mills' capacity when lifted, Wang Yingsheng, vice secretarygeneral of the China Iron and Steel the restrictions, said a senior manager at a steel mill in southern China.