China insight

One billion tonnes of iron ore headed for China this year

[ferro-alloys.com] Iron ore imports by China this year are on course to exceed one billion tonnes by a comfortable margin, breaking the 2016 record, after figures for the first half showed another jump in cargoes and highlighted the ability of the largest stee...

Friday, July 14, 2017

Iron ore price jumps to 10-week high on China pollution crackdown

[ferro-alloys.com] The Northern China import price of 62% Fe content ore gained 1.2% on Tuesday to trade at $64.70 per dry metric ton according to data supplied by The Steel Index. It's the highest price since the beginning of May and the steelmaking raw mater...

Wednesday, July 12, 2017

Iron ore is staging another explosive rally

[ferro-alloys.com] Iron ore is staging yet another explosive rally, rocketing higher once again on Tuesday.

Wednesday, July 12, 2017

Getting scrappy: China iron ore demand may falter as steel recycling grows

[ferro-alloys.com] Up to 20 million tons in EAF capacity may be installed this year, said CLSA's Meng. China's current EAF capacity is around 100 million tons and could grow by 10-20 million tons a year over the next three years, he said.

Tuesday, July 11, 2017

Net steel exports tumble to the lowest level in 12 months: Research

[ferro-alloys.com] Consumption of carbon steel grew by more than 7% in the month of June, compared to the same period last year, however net steel exports declined to the lowest level in the last 12 months, according to research.

Tuesday, July 11, 2017

China steel output rise supporting metallurgical coal price recovery: FBR bank

[ferro-alloys.com] China's steel production growth and tighter domestic coal supplies are likely driving a rebound in met coal prices, analysts at investment bank FBR said Monday. Prices had been recovering in June after a longer fall from a peak in April los...

Tuesday, July 11, 2017

China's June factory price inflation subdued on modest raw materials recovery

[ferro-alloys.com ] China's producer price inflation was unchanged in June and remained well off highs seen earlier this year, amid lingering oversupply issues in the steel sector and as signs of economic weakness weighed on the outlook for prices.

Monday, July 10, 2017

China's top steel province to cut capacity to make way for new one

[ferro-alloys.com] China's Hebei province will slash 11.48 million tonnes in outdated steelmaking capacity to accommodate the expansion of a new plant, part of efforts by the country's top steel-producing region to rein in surplus production.

Wednesday, July 5, 2017
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