September 07, 2008

Jigang exports 1.42 million tonnes of steel products in 2007

It is reported that Jinan Iron & Steel Group has exported 1.42 million tonnes of steel products in 2007 down by 140,000 tonnes from the year before. However, the export value has risen by 22%YoY to USD 810 million.

As a leading medium plate producer in China, Jigang has stepped up the ratio of high end and high value added specialty plate to 88%. Shipbuilding plate sales has recorded 100% increase for two straight years and hit a record high of 1.3 million tonnes in 2007.

Canada starts AD investigation against Chinese welded pipe

It is reported that Canada Border Service Agency decides to start anti dumping and anti subsidiary investigation against carbon steel welded pipe produced or imported from China.

As per report, market economy industry investigation would also begin at the same time.

It is the sixth similar case Canada filed against Chinese products.