[ferro-alloys.com] The World Bank has predicted that oil prices would rise to $56 a barrel in 2018 from $53 this year, as a result of steadily growing demand, agreed production cuts among oil exporters and stabilising United States shale oil production.
[ferro-alloys.com] Up to Oct.30th, the total revenues of 30 steel companies in first three quarters reach 918.964 billion yuan, rising 51.22% on yearly basis.
[ferro-alloys.com] China’s iron ore futures dropped more than 2 percent to a four-month low on Monday and were on track for a second straight monthly drop as concerns grow about waning demand due to Beijing’s winter smog crackdown on steel mills.