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NAO checks steelmakers’ progress in update plan
The National Audit Office (NAO) is investigating major domestic steelmakers’ implementation of a nationwide adjustment and revival plan across the steel sector between June and November this year. The investigation…
NAO audits China’s top three steel firms
The National Audit Office (NAO) said Sunday that it is auditing the country’s top three steel companies to ensure that they have implemented a steel industry plan issued in 2009.…
Buying effort to back Baoshan shares
BAOSTEEL Group plans to increase holdings in its listed unit, Baoshan Iron and Steel, by up to 2 percent in a move apparently calculated to support its share price. The…
Baosteel’s major products set to be more costly
BAOSHAN Iron and Steel Co, China’s largest listed steel maker, will raise prices for its major products for October delivery to meet expected strong demand. The steel maker will increase…
Steel output declines on weak demand in August
China’s crude steel output fell 0.9 percent to 58.75 million tons in August from the previous month as several steel mills reduced production due to maintenance, official figures showed. Data…
Aug steel output dips, Baosteel ups Oct prices
China’s crude steel output fell 0.9 percent to 58.75 million tons in August from the previous month as several steel mills reduced production due to maintenance, official figures showed. Data…
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