China insight
Baowu Steel Aiming to Cross 150 Million Tonnes Steel Capacity
Baowu Steel Aiming to Cross 150 Million Tonnes Steel Capacity |
Chinese Steel Exports in Jan-Jun 2021 Surge by 30% YoY
Despite Chinese government’s resolve to curb steel export in order to cool down mills' production |
Shandong Iron & Steel Could Merge with Baowu Steel Group
Shandong Iron & Steel Could Merge with Baowu Steel Group |
Chinese Crude Steel Output in H1 of 2021 up by 12% YoY
Chinese Crude Steel Output in H1 of 2021 up by 12% YoY |
Brazil manganese ore exports to China up 81.74% in June
In June, Brazil exported 125400 tons of manganese ore to China, up 81.74% month on month. |
Reduced supply sends China’s spot FeCr price to three-month high
News that several major producers had withdrawn from spot trading due to supply shortages has further strengthened China’s spot ferro-chrome market, sending spot prices in the week to Tuesday June 29 to their highest point since April. |
Seaborne high-grade manganese ore price rally continues; low-grade market holds
The high-grade manganese ore market rose as a result of buyers booking August-shipment material at higher prices compared with the previous month. |
China Allows Tangshan Steel Mills to Operate at 70% Capacity
Furnaces in all major steel mills in Tangshan in North China's Hebei Province are firing again |
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