China insight
Taiwan's Tang Eng to Raise Stainless Steel Prices for May
[www.ferro-alloys.com] Tang Eng Iron Works, one of the major stainless steel producers in Taiwan announced to hike its domestic prices for stainless hot rolled and cold rolled flat products by NT$4,000 and NT$4,500/ton for May due to higher nickel prices, resp... |
China Steel Enterprises to Post Net Losses of RMB8.748 Billion in Q1
[www.ferro-alloys.com] According to China Iron and Steel Association (CISA) data released that China steel enterprises post the net losses of RMB8.748 billion in the first quarter this year. However, Chinese steel prices have rebound in March this year, but... |
Taiwanese Stainless Steel Wire Rod Mills May Hike USD100/MT for June
[www.ferro-alloys.com] LME nickel average price was above USD9,000/ton last week. The highest level reached to USD9,359/ton which means nickel prices rebound. In addition, the scrap purchasing prices keep increasing. Mills are difficult to have stable supply o... |
China’s Shagang to Hike Rebar, Wire Rod Prices for Mid-April
[www.ferro-alloys.com] China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for mid-April. The company decided to hike its prices for rebar are at RMB550/ton. Those for wire rod prices up by RMB450-550/ton. |
LY Steel Purchases Ferro Phosphorous 40mt in May
In May, 2016, LY Steel purchases Ferro Phosphorous, with low titanium content on line, about 40mt, and suppliers should quote price on April, 25-26, and the date of delivery is May, 31. |
CIS HRC and CRC Export Prices Continue to Surge
[www.ferro-alloys.com] CIS HRC and CRC export market remained strong, export prices continued rising rapidly. On the one hand, China and Turkey continued to increase steel prices, and also the flat of slab supply shortages which led the prices surged. |
China’s Benxi Steel to Hike Steel Prices for May
[www.ferro-alloys.com] China’s Benxi Iron & Steel Group announced to raise its prices on certain products for May. The company will hike its prices for HRC at RMB350/ton, CRC at RMB300/ton and galvanized steel products by RMB50-570/ton. |
What's behind China's cheap Steel Exports?
Cheap steel from China has been blamed for distorting global markets and putting other countries' steelmakers under pressure. How have we got here and why does it all matter? |
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