8th World Antimony Forum
TBD
Guiyang, Guizhou, China
12th Rare Earth Summit
TBD
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
TBD
Hangzhou, Zhejiang, China
9th Magnesium Summit
TBD
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
TBD
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Valin Iron and Steel produces at full capacity
2020-10-23 11:48:50 【Print】
Valin Iron and Steel stated on October 22 that the company produced all products at full capacity and had no plan to add new capacity.
Valin Iron and Steel noted that the imported iron ore accounted for over 90% in raw materials procurement and iron ore made up around 36% of production costs. Since the beginning of this year, prices for raw materials including iron ore kept standing at a high level, which brought pressure to the company in profits. Besides, coking coal mainly came from Shanxi, Henan, Hebei, Shandong and Anhui. Purchasing prices for raw materials are decided by market conditions no matter contracts are signed based on long-term cooperation or in spot market.
The company sells over 90% of its wire and rod products and about 35% of wide and thick plates in Hunan and the remaining part in East China and South China. It sells about 45% of cold-rolled sheets in Hunan and exports around 40% of seamless steel pipes with the remaining part consumed in China.
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Valin Iron and Steel noted that the imported iron ore accounted for over 90% in raw materials procurement and iron ore made up around 36% of production costs. Since the beginning of this year, prices for raw materials including iron ore kept standing at a high level, which brought pressure to the company in profits. Besides, coking coal mainly came from Shanxi, Henan, Hebei, Shandong and Anhui. Purchasing prices for raw materials are decided by market conditions no matter contracts are signed based on long-term cooperation or in spot market.
The company sells over 90% of its wire and rod products and about 35% of wide and thick plates in Hunan and the remaining part in East China and South China. It sells about 45% of cold-rolled sheets in Hunan and exports around 40% of seamless steel pipes with the remaining part consumed in China.
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