China's manufacturing, steel markets strengthen on domestic sales

[Ferro-Alloys.com] Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, announced today a net income of ?1.303 billion for 2019 as against the ?509 million it posted the previous year.

The supply and demand dynamics in China's steel market look set to remain in balance over the second half of 2020 as its steel capacity expansion has slowed.

Analysts urge more steps to revitalize domestic demand to sustain growth amid uncertainties

Thermal coal options started trading on the Zhengzhou Commodity Exchange (ZCE) in central China's Henan province Tuesday.

Analysts said the country should ramp up its efforts to revitalize domestic demand to sustain the improvement in industrial earnings amid mounting uncertainties.

[Ferro-Alloys.com] The Korean steel industry is suffering from a double whammy — a steep rise in costs and a demand cliff following the spread of COVID-19. Although price hikes are urgently needed in view of worsening profitability amid rising production cost...

Miner BHP and China Baowu Steel Group, the world's largest steel producer, have completed a first iron ore trade on MineHub.