China insight

European first quarter ferrochrome benchmark price rises

The benchmark price of ferrochrome in Europe in the first quarter of 2021 will be set at $1.175 per pound, up 3.1% compared with the fourth quarter this year.

Monday, December 21, 2020

The steel industry will remain unstable next year

The new year is coming. What environmental changes will domestic steel industry face?

Monday, December 21, 2020

Report: in 2019, the average self-generating rate of China's iron and steel enterprises reached 53%

in 2019 China's crude steel output was 996.34 million tons, and the annual power consumption was 453.3 billion kwh. What’s more, the spontaneous power generation of iron and steel enterprises totaled 240.3 billion kwh, with an average self-generating rate bei...

Friday, December 18, 2020

CERI joins hands with Hegang to establish the first iron-and-steel digital plant in China

The 3D digital factory project in Tanggang new area of Hegang group undertaken by Capital Engineering & Research Incorporation Ltd. (hereinafter referred to as "CERI") is the first digital project in China’s iron and steel industry covering the whole process ...

Friday, December 18, 2020

Nanjing Iron and Steel Group invested in Indonesia to build iron-steel and coke industries

Nanjing Iron and Steel Group (Nangang), a Chinese steel giant, plans to set up a plant in Indonesia. If it is completed, the capital invested by Nangang will become one of the largest one in Indonesia.

Thursday, December 17, 2020

Nanjing Iron and Steel Group invested in Indonesia to build iron-steel and coke industries

Nanjing Iron and Steel Group (Nangang), a Chinese steel giant, plans to set up a plant in Indonesia. If it is completed, the capital invested by Nangang will become one of the largest one in Indonesia.

Thursday, December 17, 2020

Due to capital speculation, the price of iron ore skyrocketed

Since November this year, the price of iron ore has skyrocketed. On December 11, the main contract futures price of iron ore surged to 1042 yuan / ton, a record high since iron ore are listed in 2013, and the closing price fell to 989.5 yuan / ton on the same ...

Thursday, December 17, 2020

Qingtuo cold rolling phase II is planned to be put into operation in January next year

Recently, in the stainless steel production workshop of Qingtuo Science and Technology Co., Ltd. in Wanwu industrial and trade zone, the high nickel steel billet smelted by RKEF advanced production process went through "relay type" continuous rolling, and stai...

Thursday, December 17, 2020
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