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Outlook on China’s EMM Industry

Chinese EMM industry is in a period of structural adjustment and industrial upgrading. The EMM prices will keep low because of the surplus of production capacity and limited market. In response to this situation, the majority of EMM companies have to turn on a...

Wednesday, March 23, 2016

Reasons for China’s EMM Industry Depression in Recent Years

1. The most important reason is Market shrinkage; 2. The surplus of production capacity and disorderly competition are also important reasons; 3. With the decrease in the price of manganese ore and the development of its own technology, high silicon si-...

Wednesday, March 23, 2016

It’s Important to Proceed to Structural Adjustment and Overcapacity Cut of China’s EMM Industry

In recent years, the number of Chinese EMM companies dropped from 190 to 54, but the production capacity did not decrease. In 2015, only 54 companies were in operation, while the capacity still reached 1.755 million tons. The capacity that was under construct...

Wednesday, March 23, 2016

EMM Prices and Output Plunged to a 10-Year Low

2015 has been the hardest year for the Chinese EMM industry since its birth. The number of EMM enterprises continued to decrease and that of the operating enterprises was reduced by 30%,from 78 in 2014 to 54 in 2015. Only 20 EMM enterprises, 36% of the total ...

Wednesday, March 23, 2016

Chinese Domestic Mgnesium Consumption Fell 1.49 % to365,200 tons In 2015

[FerroAllpys.com] In 2015, China magnesium metal consumption 365,200 tons, down 1.49%. Wherein the means for metallurgy 240,600 tons, accounting for 65.89 percent of total domestic consumption, for processing areas 116,600 tons, accounting for 31.93 percent of...

Wednesday, March 23, 2016

Hong Kong January scrap exports increase

According to statistics showed, in January this year, Hong Kong exported 144,000 tons of scrap steel, down by 7.9% year on year, declined for 2 consecutive months, an increase of 91.7% month on month, over 100,000 tons for the first time since the August 2015,...

Wednesday, March 23, 2016

United States steel mills may raise rebar prices

Last week, United States Steel Mills raised rebar prices were at US$20-30/short ton, ex-factory prices. Due to higher scrap prices, buyers had expected the steel mill will increase April steel prices, but buyers will not accept prices increased by US$20-30/sho...

Wednesday, March 23, 2016

Formosa Ha Tinh Steel plans to begin blast furnace ignition in June

Formosa Plastics Group has announced to begin blast furnace ignition at its Vietnam Ha Tinh Mill in June this year. Since the construction of the steel plant beginning in 2012, due to political and construction issues, the construction progress has not bee...

Wednesday, March 23, 2016
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