China insight
Fenix signs iron ore sale deal with Sinosteel
Fenix Resources (ASX:FEX) now has sales agreements covering all of its iron ore production from the Iron Ridge project in Western Australia after reaching a binding offtake agreement with Chinese heavyweight Sinosteel. |
China's PPI down 2.1% in September
The decline slightly widened from the 2-percent drop in August, the NBS data showed. |
Ferrosilicon futures report (10/16/2020)
The 2101 ferrosilicon contract price on ZCE closed at 5968 yuan per ton on October 16. |
Weekly Commentary on Ferrosilicon Market (10.12-10.16)
Opening price of ferrosilicon futures 2101 contract of this week was 5,840. |
Nigeria launches commercial operation of Chinese-built railway
The Nigerian government on Tuesday launched the commercial operation of the Itakpe-Ajaokuta-Warri railway. |
Foreign trade set to continue stable growth in 4th quarter
In the same period, imports of soybeans rose 15.5 percent, pork imports grew by 132.2 percent and beef imports increased 38.8 percent. |
China’s HRC inventories up 8.5% in early October; steel output drops
Steel inventories at member mills of the China Iron & Steel Association (CISA) and in the spot market both increased in early October. |
Ferrosilicon Daily Express 10.14
In the week ending on October 10, 2020, US domestic raw steel production was 1,502,000 net tons. |
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