China insight
CIS Steel Coil Export Markets Remain Weak
[www.ferro-alloys.com] CIS steel coil prices continued to fall, due to Chinese steel coil export prices also fell further. Some market participants consider steel coil prices has reached near the bottom, a stock market has been gradually depleted, so the marke... |
China's Crude Steel Daily Average Production Is Expected to Fall in June
[www.ferro-alloys.com] China's crude steel production fell in May compared to last month, as steel mills profits remained negative level. China's crude steel daily average production is expected to fall in June, due to steel mill blast furnace suspended for ma... |
Vanadium levels at Georgia dump raise environmental concerns
[www.ferro-alloys.com] State environmental officials are investigating after elevated levels of a potentially hazardous metal were found in a landfill near the Okefenokee Swamp in south Georgia. The metal – vanadium – was detected at a groundwater monitorin... |
Steel Export Tax Rebate from China Is Suspected to Be Cancelled.
[www.ferro-alloys.com] Under the serious oversupply in steel production and the pressure of sanctions from different countries, China is suspected to cancel the steel export tax rebate, about 9-13%. Chinese total steel ouput is close to the half of worldwide... |
China Baosteel Stainless Steel Plans to Focus on 400 Series Product Market
[www.ferro-alloys.com] Baosteel Group yesterday (21) announced that the shutting down one of its 17 years old of the 2500 cubic meter stainless steel blast furnaces operation, after the closure of Baosteel's stainless steel production will be reduced by 2.5 mi... |
CHS Might Raise Price for July
[www.ferro-alloys.com] Chung Hung Steel (CHS), one of the major carbon steel flat re-rollers and also the major welded pipe makers in Taiwan, will hold the price meeting next Monday(June 27). Although domestic steel price is unstable and Chin's steel prices ... |
Masteel to Make High-speed Wheels to Replace Imported Ones
[www.ferro-alloys.com] China's domestically produced wheels for high-speed trains traveling faster than 250 kilometers per hour will be ready to replace the imported ones as early as in the first half of 2017, according to a leading Chinese train wheel maker. ... |
China's Wugang Releases Price List for Jul
[www.ferro-alloys.com] Chinese steelmaker Wuyang Iron and Steel Co. (Wugang) announced to lower its list prices for certain steel products for July. However, Wugang said it will hike list prices for cold rolled grain oriented steel (CRGO) by RMB500/ton. Af... |
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