Jinye Group took over Yunnan Yongchang Steel

China's automobile production and sales were 2.04 million units and 2.13 million units, down 8.7% and 5.5% month on month respectively, and falling 6.8% and 3.1% year on year.

A water inrush accident occurred at the Dahongcai iron ore mine in Daixian County, Shanxi Province on June 10, leaving 13 people trapped, according to preliminary estimate.

Operating rates of blast furnaces at steel mills fell 1.2 percentage points from a week ago and decreased 0.9 percentage point from a month ago to 85.7% as of May 27, SMM survey showed.

According to the SMM survey that covers 102 blast furnace steel mills, 42.2% of them are undertaking maintenance or have trimmed output (excluding mills that reduced output by adjusting rates of equipment utilisation and raw material ratios), down from a ratio of 50% last week, as some long steel mills have recovered production from maintenance.

Heavy air pollution will hit the Beijing-Tianjin-Hebei region and surrounding areas

High costs and low steel prices have pushed them to the verge of losses

Prices of Shandong steel building materials climbed 50 yuan/mt on the back of the news

The Jiangsu steelmaking giant will put its one 180-tonne converter under 20 days of maintenance in Sept

Declining supplies of strip are likely to continue to lower the price spread, which began to narrow in mid-Jul

A blast furnace of 1,080 m³ at Zhuhai Yueyufeng Iron & Steel in south-east China will undergo maintenance during Jul 20-21