News

EU safeguards case of steel products to be imported for the second review investigation

Reported by Luke 2020-2-24 On 14th February, 2020, the commission announced that decision to the European Union initiated the second review steel products safeguard case investigation.The main content of the review includes: (1) the steel varieties of quota quantity and allocation;(2) whether the... Read More

2019 Year-end Summary Conference of Sanon Pipe was successfully held

Summary: The 2020 year-end summary and new year party of Tianjin Sanon Steel Pipe Co.,Ltd. was successfully held. On January 17th, warm sun was shining in the cold wind, and in the Xiqing District of Tianjin City, the 2019 year-end work summary conference and new year welcome party that been prep... Read More

China’s steel and manufacturing PMIs weaker in December

Singapore — China’s steel purchasing managers’ index, or PMI, fell by 2.3 basis points from November to 43.1 in December due to weaker steel market conditions, according to data from index compiler CFLP Steel Logistics Professional Committee released Friday. The December reading meant... Read More

China’s steel production likely to grow by 4-5% this year: analyst

Summary: Alfa Bank’s Boris Krasnozhenov says the country’s investment in infrastructure would back less conservative predictions, pegging growth of up to 4%-5%. The China Metallurgical Industry Planning and Research Institute estimates that Chinese steel production could come off by 0... Read More

The NDRC announced the operation of the steel industry in 2019: steel output increased by 9.8% year on year

First, crude steel production increased. According to the national bureau of statistics data, December 1, 2019 – the national pig iron, crude steel and steel production 809.37 million tons, 996.34 million tons and 1.20477 billion tons respectively, year-on-year growth of 5.3%, 8.3% and 9.8%... Read More