Chinese steel export in May remains above 5 million tonnes


16/06/2012 10:06 AST  Steelguru

China export quantity of steel products in May was 5,230,000 tonnes up by 12.0% from the previous month of 4,670,000 tonne and also up 9.6% from the same month last year.

It increased for 3 months in a row and it was since June, 2010 that its steel export marked the level of 5 million tonnes.

Seen from the China export quantity, price increase of steel products will be very difficult in negotiations for July shipment which have been undertaken at present. Its cumulative export quantity during January through May was 22,040,000 tonnes up by 10.1%YoY. Meantime, its export quantity of ingots and semi-finished products in May was nil.

For more on this Click Here

Global News
2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | News Archive

JAN | FEB | MAR | APR | MAY
Most Viewed Companies
Ticker Price Volume
RIBL 24 656,341
EMAAR 5.81 21,829,827
UCA 36 220,174
SABIC 94.25 4,945,585
SUDATEL 1.06 104,980
SAGRINSURANCE 25.4 723,861
DIB 3.26 25,649,509
Recent News

NASDAQ Dubai Academy course to cover vital principles
NASDAQ Dubai Academy will provide a training course devoted to key corporate governance principles and best practices, as part of the exchange's drive to promote corporate excellence in the region. <

SABIC unveils 'Archi-Light Concept House'
SABIC unveiled the 'Archi-Light Concept House' at the official opening ceremony of Chinaplas 2013. Archi-Light is a themed exhibition within the larger show, which focuses on environmentally friendly

MAF Holding proposed subordinated perpetual notes assigned 'BB+'
Dubai-based retail property conglomerate Majid Al Futtaim Holding (MAF Holding) proposes to issue subordinated perpetual notes through MAF Global Securities, unconditionally and irrevocably guarantee

KFH-Malaysia takes part in IFSB meetings
KFH-Malaysia took part in the meetings held by the Islamic Financing Services Board (IFSB) that have been hosted by the Malaysian Central Bank recently in the Malaysia capital.

The meetin

NBK Capital exits Turkey hospital chain
NBK Capital, a leading bank in Kuwait, has announced the sale of its equity stake in Dunya Goz, Turkey’s largest ophthalmology hospital chain, to the founding shareholder.

This is yet ano

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Are you satisfied with your full-service broker?