China insight
Prices of over half of production goods drop in China
Over half of the capital goods monitored by the government posted lower prices in the last 10 days of February compared with the previous 10 days, official data showed. |
Chinese company 'close to buying British Steel'
The deal should complete on Monday. |
China resumes 83.4% coal production capacity amid epidemic
China has resumed 83.4 percent of its coal production capacity amid the fight against the novel coronavirus outbreak, the National Energy Administration (NEA) said Wednesday. |
Chinese domestic coal prices under pressure as market sentiment softens
[Ferro-Alloys.com] Chinese domestic coal prices for higher grades of coals have been holding firm for eight weeks, but prices for weaker grades of coals have retreated, effectively erasing the increase in prices seen in mid-February. |
Shanghai rebar futures end higher on more stimulus hopes
[Ferro-Alloys.com] Shanghai steel futures closed higher on Thursday, boosted by hopes of more stimulus by China to support its economy impacted by the coronavirus outbreak, although gains were capped on caution over the country’s record-high inventories. |
China Baowu’s crude steel output world’s largest in 2019
[Ferro-Alloys.com] Steel giant China Baowu Steel Group announced Wednesday that it surpassed the Luxembourg-headquartered ArcelorMittal to become the world’s largest producer of crude steel in 2019. |
Canada’s Steel Producers Set A Goal to Achieve Net Zero CO2 Emissions by 2050
[Ferro-Alloys.com] The Canadian Steel Producers Association (CSPA) today announced its goal to achieve net zero carbon dioxide emissions by 2050. This goal is the central plank of the CSPA’s newly unveiled Climate Call to Action -- an industry first that lay... |
China iron ore futures resume rise on stimulus optimism
[Ferro-Alloys.com] Chinese iron ore futures rebounded to close higher for a third straight session on Wednesday on optimism that further policy support will be rolled out to minimize the economic fallout from a global coronavirus outbreak. |
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