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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

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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