China insight
Steel prices are expected to rise
Steel prices are expected to rise again soon. |
Ferro-alloys futures a hedging tool for steelmakers
With the rapid development of ferro-alloys futures trading, Chinese steelmakers are increasingly using the newly-introduced futures-spot basis pricing pattern to hedge risk, according to Hao Zhu. |
Concentration ratio of Chinese ferro-alloys may continue to rise: Shi
Inner Mongolia is by far the biggest in terms of market share in the first four months of 2023, with 36.34%, while Ningxia was second on 12.24%. |
Indonesia’s growth in stainless steel industry shines light on chrome, ferro-chrome shipments
“Tsingshan may [bring an] additional 0.4 million tonnes of ferro-chrome capacity into production in the second half of 2023 and it will need less imported ferro-chrome, but more chrome ore,” Zhang said. He said that would lead to “a change in global ferro-c... |
Chinese green ferro-alloys on the way
Ferro-alloys is a highly energy-intensive industry and one of the key sectors attracting the attention of government departments and industry market participants over its progress in terms of its green development. |
Ferro-silicon: weak supply, demand weighs on prices
China’s ferro-silicon market has displayed weak momentum since the beginning of 2023, with decreasing supplies and demand between January and May 2023. |
Glencore offers to buy rest of PolyMet for $71m
Mining and commodities giant Glencore (LON: GLEN) has offered PolyMet Mining (NYSE: PLM) (TSX: POM) to buy the company’s shares it does not already own for $2.11 in cash each, or about $71 million. |
Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition
Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition |
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