[ferro-alloys.com] China is on course to buy more than 1bn tonnes of iron ore from overseas producers in 2017, according to figures released this week, as the country’s mills turn to the seaborne market to secure supplies of the steelmaking ingredient.

OM in Perak quartzite venture to explore, mine and process deposits

[ferro-alloys.com] Chinese steel mills have been enjoying strong margins as they continue to benefit from the government’s removal of lower quality induction furnaces. Long steel has also been getting a boost from the robust housing market. But how long will ...

[ferro-alloys.com] Iron ore imports by China this year are on course to exceed one billion tonnes by a comfortable margin, breaking the 2016 record, after figures for the first half showed another jump in cargoes and highlighted the ability of the largest stee...

[ferro-alloys.com] The Northern China import price of 62% Fe content ore gained 1.2% on Tuesday to trade at $64.70 per dry metric ton according to data supplied by The Steel Index. It's the highest price since the beginning of May and the steelmaking raw mater...

[ferro-alloys.com] Iron ore is staging yet another explosive rally, rocketing higher once again on Tuesday.

[ferro-alloys.com] Up to 20 million tons in EAF capacity may be installed this year, said CLSA's Meng. China's current EAF capacity is around 100 million tons and could grow by 10-20 million tons a year over the next three years, he said.

[ferro-alloys.com] Consumption of carbon steel grew by more than 7% in the month of June, compared to the same period last year, however net steel exports declined to the lowest level in the last 12 months, according to research.