China insight

The HR price continue to rise in Shanghai market

In this week, the steel prices continued to rebound in China market, due to stocks continues to improve further. Those for HR coils, Q235 with thickness of 3.0mm prices are up from RMB2400/ton to RMB2700/ton; for thickness of 4-10mm, spot prices are at RMB 265...

Monday, April 11, 2016

China's crude steel productions fall in Jan-Feb

According to China's National Development and Reform Commission data released, in January-February this year, China's crude steel production totaled 1.2107 billion tons, down by 5.7% year on year; steel production totaled 1.6228 billion tons, down by 2.1% year...

Friday, April 8, 2016

Chinese seamless steel pipe exports prices fall in 2015

According to statistics showed in 2015, China's steel exports exceeded 1 billion tons for the first time. Among them, China’s steel pipe exports totaled 9.978 million tons, accounted 8.88% of total steel exports, an increase of 6.26% year on year, hit ano...

Friday, April 8, 2016

Iron ore prices remain stable

After the raw material prices jumped on March 7 in China market, those for slab prices remained at high level during a month. But Australia ‘s 62% powder ore sales prices to china continues to fall in the last 2 weeks. It is understood that china’s slab ...

Friday, April 8, 2016

Beijing Announces Decision to Restrict Trade with Pyongyang

[Ferro-Alloys.com]Beijing has banned imports of iron ore from Pyongyang as well as exports of jet fuel and other oil products used to make rocket fuel, outlining China's restriction on trade with the country on Tuesday.

Friday, April 8, 2016

Hebei Hits Anti-Pollution Target Ahead of Schedule

[Ferro-Alloys.com]Hebei has achieved its target of lowering airborne PM2.5 levels by more than 20 percent two years ahead of schedule, according to the province's Environmental Protection Bureau.

Friday, April 8, 2016

Chinese Steel Makers Suffer Heaviest Loss in 2015

Taking investment returns into account, the country's steel mills recorded a total loss of 64.5 billion yuan in 2015, after a combined profit of 22.6 billion yuan in 2014.

Friday, April 8, 2016

Taiwan’s Feng Hsin to hike scrap purchasing prices in this week

Feng Hsin Iron & Steel Co, one of the major electric furnace mills in Taiwan, has announced to rise its rebar and scrap purchasing price by NT$300/ton in this week. After price announcement, its scrap purchasing price will be NT$6,400~6,900/ton.

Thursday, April 7, 2016
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