China insight
CPI to pick up as work resumption continues
The growth of China's CPI will pause downside trending in June, as the major inflation indicator saw its year-on-year increase slow for the fourth consecutive month at 5.2 percent in February, 4.3 percent in March. |
Consumption situation of steel scraps in 2019
China's steel scrap consumption soared by 15% to 2159.3 million tons in 2019, compared with 187.7 million tons in 2018, which shows that China is the largest scrap consumer in the world. |
Zimasco, NRZ in partnership
[Ferro-Alloys.com] Chrome mining company, Zimasco and the National Railways of Zimbabwe (NRZ) have entered into a partnership that has seen the former hiring two locomotives from South Africa to augment the parastatal’s capacity to move chrome ore from the mi... |
India’s Steel industry benefits from rise in exports to China: Report
[Ferro-Alloys.com] The domestic steel industry, which has been facing headwinds for the past couple of months due to dull domestic demand and the COVID-19 woes, has benefited from increase in exports to China, though at lower margins, according to a report by ... |
Russian steelmaker uses AI to boost productivity
[Ferro-Alloys.com] Severstal Digital, part of PAO Severstal, one of the world's largest steel and steel-related mining businesses, have increased the product of a machine learning model controlling the speed of the steelmaker's continuous pickling line number ... |
China's manufacturing, steel markets strengthen on domestic sales
Chinese manufacturing activity strengthened in June but the leading indices provided further evidence that the country's steel market recovery will be largely domestically-driven. |
Chinese demand keeps Korean steel export steady in June
Chinese demand keeps Korean steel export steady in June. |
Iron Ore & Steel Q3 China Outlook: Iron ore prices seen lower, steel output strong
Iron ore prices are expected to soften from current high levels in the July-September quarter. |
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