China's iron ore import surged 18 percent in the first 7 months from a year ago to a total of 540 million tons,turning around from the beginning of this year. This came as China's manufacturing industries expanded at a mild pace, and international iron ore pri...

China's leading steelmaker has estimated national crude steel output in 2013 at 822 million tons, nearly 6 percent above official data, suggesting the country's supply glut is worse than previously estimated.

According to Stainless Steel Council of China Special Steel Enterprises Association (CSSC), China produced 10.68 million tons of stainless steel in the first half of 2014, an increase of 21.19% compared to the same period of 2013.

China unveiled a detailed overcapacity replacement policy on last Thursday that will promote cuts in the iron and steel, electrolytic aluminum, cement and glass industries.

On the afternoon of July 30th,2014, the Organization Department of the Central Committee of the CPC announced that Mr Chen Derong would be appointed

It’s reported that the Korean steelmaker Posco Specialty Steel announced to remain its domestic prices for austenitic stainless wire rods and bars unchanged for August, in spite of the improved nickel prices.

It is reported that Iran's steel output reached 7.982 million tons in first half of 2014, increase of 8.4% compared to the same period of last year.

Taobao, a C2C online platform owned by e-commerce giant Alibaba Group Holding Ltd, now provides not only small items but also bulk commodities such as steel products. E-commerce business, highly accepted by the market, is transforming the surplus steel indust...