China insight

Jiugang Hongxing stainless steel branch in January and February production exceeded the plan

In 2021, Jiugang Hongxing stainless steel branch fully launched the “20 million” capacity to tackle key problems and to mark the table work.

Monday, March 8, 2021

China imported 2.395 million tons of steel in February

In the first two months of 2021, China imported 2.395 million tons of steel, an increase of 17.4%, and the average import price was 7134.8 yuan per ton, an increase of 0.9%.

Monday, March 8, 2021

China’s iron ore imports rose 2.8% year-on-year in January and February, while steel exports rose 30%

According to the data released on Sunday by the General Administration of Customs, China’s imports of iron ore reached 181.5 million tons in the fist two months of 2021, up 2.8% from 176.6 million tons a year earlier.

Monday, March 8, 2021

Representative Li Gang suggested: strengthen power demand response to ensure power supply and demand balance

The fourteenth five year plan will start a new journey of building a modern socialist country in an all-round way. Power supply and demand are facing a new situation.

Monday, March 8, 2021

China to 'strengthen management' of strategic mineral resources, eyes green upgrade of steel

China will "strengthen management and control" of its strategic mineral resources, the government said on Friday as it set out a five-year development plan, without providing any details on how it plans to secure key supplies and boost self-sufficiency.

Monday, March 8, 2021

Hegang Group and BHP hand in hand to “carbon emissions reduction”

A few days ago, the chairman of the world iron and steel association, party secretary of hegang group, chairman yu yong and bhp chief executive officer Mike Henry around carbon reduction and climate change and further strengthen cooperation in low-carbon metal...

Monday, March 8, 2021

Chinese steel mills lower direct-charge ore usage

Buyers started cutting the proportion of direct-charge materials in January — first reducing pellet usage and then lowering the lump proportion, sources said.

Monday, March 8, 2021

China's Tangshan eyes 40pc less steel pollution in 2021

The pilot programme might not affect the ratio of iron ore in mills' blends, which has seen less direct-charge use recently, but total output might be reduced, a mill iron ore buyer said.

Monday, March 8, 2021
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