China insight

China Steel capacity 45million was reduced in 2016

China's economy is expected to grow about 6.7 percent in 2016, a senior official with the country's top economic planner said Tuesday. The economy is predicted to exceed 70 trillion yuan (about 10.1 trillion U.S. dollars) for 2016, an increase of 5 trillion...

Tuesday, January 10, 2017

Chinese Mn Alloys Market Has Been Going Soft Since Last Two Weeks

[Ferro-Alloys.com] Chinese spot market of Mn ore has already been going down, BHP lumpy high grade Mn ore was down from RMB 90 to RMB 80/mtu, and future shipment in Feb and March is stable but the quotation slides slightly. Vale, another bigger supplier fro...

Wednesday, December 28, 2016

Details of China Ferroalloys Customs Export Tariff Changes in 2017

[Ferro-Alloys.com] According to General Administration of Custom Tariff Commission and Customs Tariff Commission of the State Council notified: this is the details of China ferroalloys customs export tariff in 2017,and enforced from Jan.1st 2017.

Friday, December 23, 2016

Iron Ore Futures Are Getting Hosed

[Ferro-Alloys.com] Chinese iron ore futures were hammered on Friday evening, indicating that the relative calm in spot markets won’t persist on Monday.

Monday, December 19, 2016

Molybdenum Machining

[Ferro-Alloys.com]Carl Wilhelm Scheele was the first to identify Molybdenum in 1778, though the metal was know in prehistory. In ancient times, however, Molybdenum ores were often confused with lead ores. Hence the name which derives from an ancient Greek word...

Friday, December 16, 2016

China Expects Steel Demand Continues Increasing in 2017

[Ferro-Alloys.com] It is reported that China’s steel demand would expect upward trend in 2017. The Chinese government pushed money into infrastructure to keep economic jump up around 7%. According to the reported, the strong railway, port and highway constr...

Wednesday, December 14, 2016

China's Baosteel to Increase Steel Prices Next Year

[Ferro-Alloys.com] Baosteel Group Corporation, the biggest mills in China, has announced to hike hot and cold coil plate, electrical steel plate, and steel plates purchasing prices by RMB$350~800/ton in January 2017, due to the raw material and the market shar...

Wednesday, December 14, 2016

China’s Baosteel to Raise Medium Plate Prices for Jan

[Ferro-Alloys.com] China’s Baosteel Group has announced to raise its prices for medium plate by RMB350/ton in January 2017. After the adjustment, the latest prices of Q235A medium plate in thickness of 14~20mm will be RMB3,500/ton; that of Q345A low alloy p...

Wednesday, December 14, 2016
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