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Baowu Steel Group announced that it intends to acquire a controlling stake in Chongqing Iron and Steel Co Ltd, a move that will effectively push the company closer to its goal of annual output to more than 100 million tonnes per year. Chongqing Iron and Steel announced that its controlling shareholder, Four Rivers Investment Management Co Ltd, had just signed a letter of intent with China Baowu fo...
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On Dec 13, Shinmade’s 5M6S management activity goals signing meeting was held in Dongying City. The year 2020 is an upgrading year of 5M6S management. Based on 2009 achievements, we will strengthen systematic theory research, build up a goal supervision system, improve supervision on execution, continually enrich 5M6S management content. This goal sinning activity advocates contract spirit, cohere...
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On Nov.29, Shinmade organized the fire rescue emergency exercise which combines theory and practice. To improve the employee's level of self-rescue and mutual rescue, disposal capabilities when facing an emergency, quickly dispose of the accident, and properly take rescue measures to minimize the loss and impact of the accident, we organized this fire rescue exercise. We organized 5 grou...
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Steel consumption in Southeast Asia could take as long as 20 years to catch up with projected capacity hikes in the region, the South East Asia Iron & Steel Institute, or SEAISI said during its 2019 ASEAN Iron and Steel Sustainability Forum held in Jakarta early this week, despite a growing construction sector. Yeoh Wee Jin, SEAISI’s secretary-general was concerned over the continuously rising...
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Arrivals of the hot-rolled coil from key steelmakers to major steel consumption areas are expected to extend decline this week as some deliveries remained en route after the easing of cargo blockage at ports and as lower prices kept some traders from purchasing. An SMM survey showed that HRC arrivals in Shanghai, Lecong, and Tianjin in the week ending November 29 are estimated to fall 22,000 mt, o...
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Shinmade,focusing on product quality and customer service,consist on the service concept of “all for customer’s convenience, confidence and honor”. We aim to strengthen regional competitiveness and sheet-strip brand establishing by transforming and upgrading to green, ecology and intellectual industry.
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