China insight

China's Iron Ore Price to Soften, Stabilize in May: CISA

[Ferro-Alloys.com]The China Iron & Steel Association expects China's iron ore prices for both domestically produced and imported cargoes to likely soften and stabilize in May, it said in its April report released Monday.

Tuesday, May 10, 2016

CISA: China Steel Enterprise Daily Crude Steel Production Rises in Early April

[www.ferro-alloys.com] According to the China Iron and Steel Association statistics, in early April 2016, China steel association members daily crude steel production was 1.6863 million tons, an increase of 3.39% month on month to 55,300 tons. It estimates the...

Friday, May 6, 2016

China's Shanxi Suspends New Ferroalloy, Aluminum, Steel Project Approvals

Shanxi province in northwest China has suspended the approval of new ferroalloy, aluminum and steel projects in 2016 as part of air pollution control plans, the provincial government said Wednesday.

Thursday, May 5, 2016

Some Hebei Steelmakers Breaching Shutdown Orders: China Ministry

[Ferro-Alloys.com]Steelmakers in China's Hebei province have built new plants in contravention of state measures aimed at tackling overcapacity, and have kept mills running that should have been shut down, China's pollution watchdog said on Tuesday.

Thursday, May 5, 2016

China’s Shagang to Hike HR and CR Steel Prices for Early May

[www.ferro-alloys.com] China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for early May. The company decided to hike its prices for HR steel plate are at RMB750/ton. Those for CR steel sheet prices up by RMB700/ton. ...

Wednesday, May 4, 2016

China Steel, Iron Ore Retreat again as Factory Activity Shrinks

[Ferro-Alloys.com]Steel and iron ore futures in China fell more than 4 per cent on Tuesday, again recoiling after big gains in the prior session as Chinese steel producers boost output and exchanges keep a closer eye on commodity markets after recent wild swin...

Wednesday, May 4, 2016

Iron ore futures Drop as Inventories Surge Higher

[Ferro-Alloys.com]Iron ore futures in Asia tumbled as rising port inventories in China, the biggest buyer, hurt prices that have been propelled higher by an improved economic outlook and heightened investor speculation.

Wednesday, May 4, 2016

China Molybdenum on the Hunt for Prime Western Mines

[Ferro-Alloys.com]The Chinese miner that is paying $1.5bn for a group of Anglo American mines is on the hunt for more deals, believing the time is right to pluck prime assets from struggling western rivals.

Wednesday, May 4, 2016
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