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Latest China Iron and Steel Association Stories

2008-09-29 09:00:40

News Analysis: Brazil's Vale risks losing China market over unexpected price hike BEIJING, Sept. 28 (Xinhua) -- Chinese industry analysts warn Brazil's mining company, Companhia Vale do Rio Doce, it would probably lose the Chinese market. Major Chinese steel makers and iron ore suppliers decided to suspend imports from Vale because of the company's price hike on iron ore. Chinese analysts called Vale's move untimely and unreasonable since market demand for steel products was weak in...

2008-09-18 09:00:35

China's steel association opposes ore price increases BEIJING, Sept. 17 (Xinhua) -- China Iron and Steel Association (CISA) wrote a letter to Brazil-based Companhia Vale do Rio Doce (CVRD) on Tuesday, asking the world's leading iron ore producer to give up its attempt to raise prices. The letter said, "one-sided price raising not only violated international iron ore price negotiation rules, but also led to huge losses in Chinese steel enterprises. This damaged the win-win relationship...

2008-08-04 09:00:46

China's steel association opposes BHP Billiton, Rio Tinto merger BEIJING, Aug. 3 (Xinhua) -- China Iron and Steel Association (CISA) has repeated its stance against BHP Billiton's proposed takeover of Rio Tinto. The merger of two iron ore giants, which controlled 40 percent of China's iron ore imports, would have a negative impact on consumers and make it easier to control the market and prices, CISA vice chairman Luo Bingsheng said. The deal would give the combined company a market...

2008-08-04 09:00:45

CISA: Cost hikes cut into China's iron and steel company profits BEIJING, Aug. 2 (Xinhua) -- Costs for China's large and medium- size iron and steel manufacturers rose by more than 250 billion yuan (36.5 U.S. billion dollars), or 57.57 percent, in the first half, according to the China Iron and Steel Association (CISA). The cost hike was due to the soaring prices of materials and fuel, said the CISA, noting the country's iron and steel companies were facing tremendous pressure this...

2008-06-18 00:00:22

Research and Markets (http://www.researchandmarkets.com/research/2a8011/2008_special_resea) has announced the addition of the "2008 Special Research Report on China's Steel Market" report to their offering. Based on the information from the State Statistical Bureau, General Administration of Customs, National Development and Reform commission, development research center of state council, State Information Center, China Iron and Steel Industry Association, the newspapers and magazines...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'