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.

Tuesday, July 7, 2020

China's June PMI exceeds expectation: media

China's factory activity expanded at a faster pace in June, beating expectations, Reuters reported Tuesday.

Tuesday, July 7, 2020

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.

Tuesday, July 7, 2020

Shougang Jingtang awarded China Mobile's First 5G + Smart Steel Training Base

Shougang Jingtang company was awarded the title of China Mobile's First 5G + Smart Steel Training Base at the conference of 5G + Industrial Internet Platform which was sponsored by Hebei Provincial Department of industry and information technology and undertak...

Tuesday, July 7, 2020

Changan Auto posts higher sales

State-owned automaker reaps rewards from product transformation, upgrade.

Tuesday, July 7, 2020

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...

Monday, July 6, 2020

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 ...

Monday, July 6, 2020

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 ...

Monday, July 6, 2020
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