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Xie Tian

5Aug

Chinese steelmaking profit margins remain low in H1

Members of the China Iron and Steel Association (CISA) recorded sales revenue of CNY 1.29 trillion …

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5Aug

China's Chonggang plans switch to finance

Chongqing Iron & Steel's listed arm announced on 4 August that it will halt its fund-raising …

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4Aug

Shougang and Hegang respond to merger rumours

Shougang and Hebei Iron and Steel (Hegang) both said on 3 August they have not received …

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4Aug

Xining Special Steel announces debt restructuring failure

Xining Special Steel announced on 3 August that it will halt its debt restructuring process due …

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3Aug

China looks to stimulate manufacturing and real estate

China’s National Development and Reform Commission released details on 3 August of its next move to …

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3Aug

ArcelorMittal sells its shareholding in Valin steel
ArcelorMittal sells its shareholding in Valin steel

Hunan Valin Steel’s second biggest shareholder ArcelorMittal will sell its holding of 303 million shares, or …

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3Aug

Anhui cuts 3.14 million tonnes of steel capacity

China’s Anhui province had cut 3.14 million tonnes/year of steel capacity by the end of July, …

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2Aug

Hebei’s steel PMI improves in July

Based on statistics from Hebei’s metallurgical industry association, Hebei’s steel PMI in July was 50, up …

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2Aug

China's Hegang and Shougang to merge, reports suggest

Reports in China suggest that China another major steel company merger is being considered following the …

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1Aug

China’s official PMI dips below 50 in July

According to China’s National Bureau of Statistics (NBS), China’s official PMI (Purchasing Manager’s Index) for July …

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