China insight

National City Bank of New York: Continued recovery in steel production in Europe and other OECD countries is expected

National City Bank of New York said,despite the surge in New Crown virus infections in Europe, steel prices and product delivery times mean that steel production in Europe should continue to rise throughout the winter, and production is expected to continue t...

Wednesday, December 23, 2020

China's crude steel production is expected to exceed 1 billion tons in 2020

Li Xinchuang, the secretary of the Party Committee and Chief Engineer of the Metallurgical Industry Planning and Research Institute, said at the Press Release on Steel Demand Forecasts of China's iron and steel in 2021 that China's crude steel production from ...

Tuesday, December 22, 2020

Kazchrome achieves chrome tailings flotation breakthrough

Engineers at the Donskoy Ore Mining and Processing Plant of JSC TNC Kazchrome, in Kazakhstan, have successfully completed trials of a first-of-its-kind industrial flotation technology to increase the enrichment of chrome oxide-bearing tailings, Eurasian Resour...

Tuesday, December 22, 2020

European first quarter ferrochrome benchmark price rises

The benchmark price of ferrochrome in Europe in the first quarter of 2021 will be set at $1.175 per pound, up 3.1% compared with the fourth quarter this year.

Monday, December 21, 2020

The steel industry will remain unstable next year

The new year is coming. What environmental changes will domestic steel industry face?

Monday, December 21, 2020

Report: in 2019, the average self-generating rate of China's iron and steel enterprises reached 53%

in 2019 China's crude steel output was 996.34 million tons, and the annual power consumption was 453.3 billion kwh. What’s more, the spontaneous power generation of iron and steel enterprises totaled 240.3 billion kwh, with an average self-generating rate bei...

Friday, December 18, 2020

CERI joins hands with Hegang to establish the first iron-and-steel digital plant in China

The 3D digital factory project in Tanggang new area of Hegang group undertaken by Capital Engineering & Research Incorporation Ltd. (hereinafter referred to as "CERI") is the first digital project in China’s iron and steel industry covering the whole process ...

Friday, December 18, 2020

Nanjing Iron and Steel Group invested in Indonesia to build iron-steel and coke industries

Nanjing Iron and Steel Group (Nangang), a Chinese steel giant, plans to set up a plant in Indonesia. If it is completed, the capital invested by Nangang will become one of the largest one in Indonesia.

Thursday, December 17, 2020
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