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The huge usage amount of Tinplate, the quantity demanded of which is about 700 billion every year

       Tinplate also call dry plate, in recent years, as the tinplate cans is widely used to the outer packing of   teas, cookies, moon cakes etc. The dosage of which is increasing & the prices is rising. At present, the domestic demand for all kinds of tinplate cans is about 700 billion every…

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Steel industry is getting into the most critical moment during the year

    Yesterday, Chengdu Evening News reporter visited some distribution company of the largest steel market – Longtan Temple Longgang Steel Market. Taking a stroll of the steel market’s each distributor’s warehouse, the reporter was only found two being loaded vehicles.     Vendor: market price is upside down, making a small loss means earning…

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Jordanian government said it would not restrictions on steel imports

        Recently Jordanian Industry and Trade Ministry official said that, despite Jordan’s domestic steel industry hard, Jordan does not set restrictions on ERW Steel pipe imports. Similarly, the Jordanian government will not appeal to the country’s steel industry has been the high cost of energy subsidies. The official also said that Jordan…

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Import of secondary best quality ETP: ECC approves duty decrease regardless of FBR opposition

ISALMABAD: The financial Coordination Committee (ECC) inside the cupboard has authorized decrease of customs duty on import of secondary best quality Electrolytic Tin Plate (ETP) from 15 % to 10 % in spite of Federal Board of income (FBR) opposition for the proposal, it is learnt. Ministry of Commerce in an extremely summary for the…

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U.S., Canadian steel shipments and inventories rising year on year

        Metals Service Center Institute released on Tuesday, August 2011, U.S. steel service center of shipments is 369 million tons, an increase of 15.4%. The end of August, inventories of steel is 8.46 million tons, an increase of 13.7%, 0.5% sequential increase. According to current situation of shipments, this is equivalent to…

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High-yield and low profits will continue throughout the steel industry during the ¡°12th five-year plan¡±

A few days ago, during the ¡°12th five-year plan¡± guiding the development of China’s steel industry documents “12th five-year plan” development plan of steel industry ” officially released. “Plan” mainly clarify that the steel industry development strategy and objectives, a clear development priorities, the optimal allocation of resources to guide the market for iron and…

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Russia’s steel enterprises face increasing competition

As an inherent advantage gradually fades out, Russian steel enterprises will face a new challenge in the future. AndreyLaptev, Severstal steel company strategy director, said in order to maintain its attractiveness to investors, the Russian steel enterprises not only need to have the ability to provide pre-tax profits, but also need to guarantee to enterprise capital holder…

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The QE3 give “Interpretation of the steel industry”

14 am Beijing time, the U.S. Federal Reserve Board announced the implementation of a third round of quantitative easing (Quantitative Easing QE3), attracted worldwide attention. For a time, many public opinion or analysis immediately seize “QE3” give “steel industry Interpretation”, it seems introduction of “QE3”, the current steel prices in China is expected to rise…

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Steel production capacity is still expanding under the context of excess

    Yesterday, “My steel net” annual meeting closed in Shanghai. The secretary general of China Steel Industry Association, Zhang Changfu introduced ar the annual conference that despite China’s excess steel production capacity, investment growth was apparent reproduction. Non-state-owned enterprises are the main investment, and investment hotspot is Bohai Sea area which has serious excess…

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Chinese steel exports to the US reduced substantially

Hit by series of trade survey, China¡¯s steel pipe producers who exports the steel pipe to the U.S. was drastically shrinking; Chinese other steel products export to the U.S. also began its dramatic decrease from 2009. Recently, the U.S. International Trade Commission issued a notice that the thin-walled rectangular steel which was originating in China,…

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