About us| FAQ| Contact us| Make Steelguru your Homepage | RSS
Toplogo   FAIL (the browser should render some flash content, not this).
 
 Also Read
0blt1Benxi Steel plans steel projects in Dongfeng River zone
0blt1Baosteel upgrades strategic cooperation with Dongfeng Nissan
0blt1JPMorgan Chase reduces holding in Dongfeng Motor
0blt1Dongfeng-Nissan and Baosteel join hands for improvement
0blt1Chongqing Dongfeng completes capacity expansion
 
 Chinese News
0blt1Chinese SBQ plate market to remain oversupplied in 2009
0blt1Chinese demand boost fails despite price surge in last 5 weeks
0blt1Steel plate exports see some recovery in China
0blt1China influencing global trends for steel prices
0blt1US launched 5 AD investigations against Chinese in 2008
0blt1Chinese steel companies to lag behind other - JPMorgan
0blt1China plans to double natural gas output by 2015
0blt1Hebei Steel sales revenue hits CNY 165 billion in 2008
0blt1Steel price to be rocket high in Q2 of 2009 - Mr Yugang
0blt1Consolidation needed to restore market balance in China
0blt1Guangdong sees 2008 GDP growth at 10.1%
0blt1Delong Steel says will report loss in FY08
0blt1Chang'an Automobile sales down by 4.05% YoY in 2008
0blt1Chinese domestic casting pig iron market steady
0blt1Production pruning - Tongling Nonferrous to trim copper output
0blt1Sinopec and CNOOC jointly bid for overseas assets
0blt1China Railway wins orders worth CNY 25 billion
 
 
News Saturday, 10 Jan, 2009
Dongfeng Motor mends its pace to cooperate with WISCO

It is reported that Mr Kimiyasu Nakamura chairman of Dongfeng Motor Company Limited visited WISCO lately and had a talk with the general manager of the leading steelmaker Wangling about their cooperation.

The report quoted Mr Wang as saying that the two companies have wide cooperative areas and he hopes they can work together more deeply. He said that WISCO is one of the important strategically cooperative partners. He expects the two companies can accelerate their cooperative pace in cutting cost through technology improvement and business affairs.

(Source: www.xinhuanet.com)

Domestic HDG price soften where export offer stable

It is reported that Chinese domestic hot dipped galvanized steel sheet/coil price is still in a dull period and it has slipped further this week. While export quotations are largely unchanged and some steel mills have yet announced new prices.

On Shanghai market, 1.0mm HDG by Anshan steel is being quoted at CNY 7550 per tonne to CNY 7580 per tonne, price for 0.5mm HDG by private steel makers is at CNY 7750 per tonne down by CNY 30 per tonne to CNY 50 per tonne from last week. The downward corrections are going to continue unless it could exceed CNY 7600 per tonne.

Export Quotation for 1.0mm HDG Z120 by tier two steel mills remains at USD 1160 per tonne to USD 1200 per tonne with transaction price at USD 1150 per tonne FOB to USD 1160 per tonne FOB.

(Sourced from MySteel.net)

 
Post Comments  Read Comments  Forum
 
Chinese News Indian News Intenational News Middle East News
Russian News Stainless & Special Steel News Raw Material & Mining News


 
User Comments

No comment for this news

 
Add Comment
 
Name:
Email:
Comment:
 
 

Copyright © 2004 - SteelGuru and respective copyright holders. All rights reserved.
Site optimized for Internet Explorer 6.0 and above.
Disclaimer| Privacy Policy| About us| Feedback| Contact us| FAQ| Site Map