China insight

Dalian Iron Ore Surges 9 Pct As Planned China Closures Lift Steel

[Ferro-Alloys.com] Chinese iron ore futures soared by their 9 percent trade limit on Wednesday as steel prices extended gains amid planned mill closures in the country’s top producing city as part of efforts to fight pollution.

Thursday, November 24, 2016

China's Shanxi Coking Coal Signs Met Coal Deal with Six State-Owned Steel Mills

[Ferro-Alloys.com] Shanxi Coking Coal Group Co. Ltd, China's largest metallurgical coal producer, has signed a deal with six state-owned steel mills following attempts by the National Development and Reform Commission to stabilize coal prices, the NDRC said We...

Thursday, November 24, 2016

China’s Iron Ore Output Slumps in Oct

[Ferro-Alloys.com] It's reported China’s domestic iron ore production continued to decline in October despite a steady increase in the prices for the steel making raw material throughout the month. According to the National Bureau of Statistics (NBS), the c...

Tuesday, November 22, 2016

China’s Benxi Steel to Hike Steel Prices for Dec

[Ferro-Alloys.com] China’s Benxi Iron & Steel Group announced to raise its prices on certain products for December. The company will hike its prices for HRC, CRC and galvanized steel products by RMB350~500/ton. Accordingly, its prices for Q235 hot rolled ...

Tuesday, November 22, 2016

China's Hebei Steel to Hold Rebar, Wire Rod Prices Unchanged

[Ferro-Alloys.com] Hebei Iron & Steel, the largest steel long product maker in Northern China has announced its construction steel guidance prices for late November contracts. The company’s prices for HRB400E rebar with diameters of 16mm~25mm will be remain...

Tuesday, November 22, 2016

China’s Importation of Iron Ore Inventory Rises

[Ferro-Alloys.com] According to the statistics, as of November, 18th, the current inventory of iron ore at China’s major 45 seaports was 111.35 million tons, up by 2.26 million tons from the previous week. It has kept the volume at more than 100 million tons...

Tuesday, November 22, 2016

China’s Shagang to Hold Rebar, Wire Rod Prices Unchanged

[Ferro-Alloys.com] Chinese steelmaker Shagang Group announced to hold its rebar prices unchanged for deliveries in late November. Meanwhile, the company will hold its wire rod prices unchanged as well. After the adjustment, its ex-work prices for HRB400 re...

Tuesday, November 22, 2016

BHP: Coal And Iron Ore Demand Will Remain Slow After Peak Season E

BHP said recent coal and iron-ore prices have increased sharply, as China’s economic transformation would impact on iron ore and coal markets in first place. After the traditional winter demand season, coal and iron ore prices are expected to slow down.

Tuesday, November 22, 2016
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