Tuesday, 15 Feb 2011
It is reported that two of Chinese domestic giant steelmakers, Baoshan Iron & Steel and Wuhan Iron & Steel Co will raise EXW prices for HR steel for March bookings by around CNY 300 per tonne (USD 45) per tonne.
Showing posts with label Chinease steel news. Show all posts
Showing posts with label Chinease steel news. Show all posts
Tuesday, February 15, 2011
Wednesday, February 9, 2011
SHFE rebar reflects buoyant mood in China on opening
Wednesday, 09 Feb 2011
Shanghai steel rebar futures edged up to a record as Chinese markets reopened after a week-long Lunar New Year holiday.
The most active rebar contract for October delivery was up 0.3% at CNY 5,140 per tonne by 0106 GMT, after touching an all time top of CNY 5,150 earlier.(sourced from Reuters)
Shanghai steel rebar futures edged up to a record as Chinese markets reopened after a week-long Lunar New Year holiday.
The most active rebar contract for October delivery was up 0.3% at CNY 5,140 per tonne by 0106 GMT, after touching an all time top of CNY 5,150 earlier.(sourced from Reuters)
Monday, February 7, 2011
Zhanjiang project part of the draft of 12th Five Year Plan
Monday, 07 Feb 2011
Nanfang Daily quoted some related official of Ministry of Industry and Information Technology disclosed that Zhanjiang Steel Project was being written down in the draft of 12th Five Year Plan.
The source revealed this information in an inside meeting held lately, saying that the 12th Five Year Plan has been drafted and was expected to be issued after their asking for advices of related authorities and enterprises.
Zhanjiang Steel Project, affected by domestic overcapacity and some other factors, has not officially started construction, though its preliminary work has earlier kicked off.
As disclosed, to speed up the construction of large-sized steel projects in Zhanjiang, Fangchenggang port, Caofeidian and Shandong coastal area will be covered in the 12th Five Year Plan draft an indication that Zhanjiang Project will likely make significant progress during the next five years.
Some related source noted that in terms of the layout of steel industry to promote the moving of steel industry toward coastal areas is a major effort. Steel capacity in coastal areas and areas along
Nanfang Daily quoted some related official of Ministry of Industry and Information Technology disclosed that Zhanjiang Steel Project was being written down in the draft of 12th Five Year Plan.
The source revealed this information in an inside meeting held lately, saying that the 12th Five Year Plan has been drafted and was expected to be issued after their asking for advices of related authorities and enterprises.
Zhanjiang Steel Project, affected by domestic overcapacity and some other factors, has not officially started construction, though its preliminary work has earlier kicked off.
As disclosed, to speed up the construction of large-sized steel projects in Zhanjiang, Fangchenggang port, Caofeidian and Shandong coastal area will be covered in the 12th Five Year Plan draft an indication that Zhanjiang Project will likely make significant progress during the next five years.
Some related source noted that in terms of the layout of steel industry to promote the moving of steel industry toward coastal areas is a major effort. Steel capacity in coastal areas and areas along
Friday, February 4, 2011
Baosteel Huangshi Branch sales reach all time high in 2010
Friday, 04 Feb 2011
Last year lead by the goal of the new production line achieving four results and with flexible operation and accurate market positioning, Baosteel Co Ltd Huangshi Branch had its production and sales exceeding the annual plan and reaching all time high. Meanwhile, sales rate, contract completion rate and capital return rate all reached 100% with sales revenue and profits covering 106% and 124% of the yearly plan respectively.
Huangshi Branch originally had two production lines: galvanizing and color coating. The placodes required in production relied on imports for a long time. To change the passive situation and for new development opportunities, in the past two years, the branch increased investment in equipment and built two new production lines pickling and cold rolling. Last year, the two production lines achieved four results consecutively. On this basis, Huangshi Branch actively adjusts operating strategy, optimizes variety and market development and makes new breakthroughs in production, sales and research and development.
As for new production lines' upgrading and capacity building, by relying on site improvement and stabilizing quality, Huangshi Branch has a number of collaborative research results, for example, improving product quality by way of raw material quality, technology and equipment capability. Through equipment modification and process optimization, scratched products in cold rolling mill decreased by 80%. By optimizing the rolling process and exploring the optimal operation and running model, cold rolling mill production rose month by month from July to November last year. Huangshi Branch allocates resources rationally, trackes the market closely and makes changes in marketing strategy.
In last October, as the sales of hard coils reached standstill while galvanized products had good market situation, Huangshi Branch increased the sales of galvanized sheet and allocated the processing of hard coils to outsiders which expanded the production of galvanized sheets and achieved maximum benefit. In addition, the Branch also has new marketing perspective for new production lines. The cold rolling mill complex, originally designed only for inside use is now put to sales and now has accumulated a number of steady customers.
In research and development of new products, Huangshi Branch insists on seeking breakthrough by differentiating. According to user special needs, the company developed wide galvanized plates, extra-thick galvanized coated plates and modified silicon polyester color coated plates, accelerated the transformation of large scale production and achieved bulk supply. Based on the original products of the new unit complex, it further develops new technology, explores equipment potential and makes trial in ultra-thin specification which broke the limit of unit design.
Currently, the company has formed four major categories of products: pickled, cold rolled, galvanized and color coated products. The market is further expanded, with the sales of key project and stable customer oriented products reaching more than 50%. At the same time, the internal logistics has become balanced, enterprise system operating cost is reduced and the ability to withstand market risks and the comprehensive competitiveness are enhanced.
Last year lead by the goal of the new production line achieving four results and with flexible operation and accurate market positioning, Baosteel Co Ltd Huangshi Branch had its production and sales exceeding the annual plan and reaching all time high. Meanwhile, sales rate, contract completion rate and capital return rate all reached 100% with sales revenue and profits covering 106% and 124% of the yearly plan respectively.
Huangshi Branch originally had two production lines: galvanizing and color coating. The placodes required in production relied on imports for a long time. To change the passive situation and for new development opportunities, in the past two years, the branch increased investment in equipment and built two new production lines pickling and cold rolling. Last year, the two production lines achieved four results consecutively. On this basis, Huangshi Branch actively adjusts operating strategy, optimizes variety and market development and makes new breakthroughs in production, sales and research and development.
As for new production lines' upgrading and capacity building, by relying on site improvement and stabilizing quality, Huangshi Branch has a number of collaborative research results, for example, improving product quality by way of raw material quality, technology and equipment capability. Through equipment modification and process optimization, scratched products in cold rolling mill decreased by 80%. By optimizing the rolling process and exploring the optimal operation and running model, cold rolling mill production rose month by month from July to November last year. Huangshi Branch allocates resources rationally, trackes the market closely and makes changes in marketing strategy.
In last October, as the sales of hard coils reached standstill while galvanized products had good market situation, Huangshi Branch increased the sales of galvanized sheet and allocated the processing of hard coils to outsiders which expanded the production of galvanized sheets and achieved maximum benefit. In addition, the Branch also has new marketing perspective for new production lines. The cold rolling mill complex, originally designed only for inside use is now put to sales and now has accumulated a number of steady customers.
In research and development of new products, Huangshi Branch insists on seeking breakthrough by differentiating. According to user special needs, the company developed wide galvanized plates, extra-thick galvanized coated plates and modified silicon polyester color coated plates, accelerated the transformation of large scale production and achieved bulk supply. Based on the original products of the new unit complex, it further develops new technology, explores equipment potential and makes trial in ultra-thin specification which broke the limit of unit design.
Currently, the company has formed four major categories of products: pickled, cold rolled, galvanized and color coated products. The market is further expanded, with the sales of key project and stable customer oriented products reaching more than 50%. At the same time, the internal logistics has become balanced, enterprise system operating cost is reduced and the ability to withstand market risks and the comprehensive competitiveness are enhanced.
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