China insight

China's Hebei Steel to Hold Rebar, Wire Rod Prices Unchanged

[Ferro-Alloys.com] Hebei Iron & Steel, the largest steel long product maker in Northern China has announced its construction steel guidance prices for late November contracts. The company’s prices for HRB400E rebar with diameters of 16mm~25mm will be remain...

Tuesday, November 22, 2016

China’s Benxi Steel to Hike Steel Prices for Dec

[Ferro-Alloys.com] China’s Benxi Iron & Steel Group announced to raise its prices on certain products for December. The company will hike its prices for HRC, CRC and galvanized steel products by RMB350~500/ton. Accordingly, its prices for Q235 hot rolled ...

Tuesday, November 22, 2016

China’s Importation of Iron Ore Inventory Rises

[Ferro-Alloys.com] According to the statistics, as of November, 18th, the current inventory of iron ore at China’s major 45 seaports was 111.35 million tons, up by 2.26 million tons from the previous week. It has kept the volume at more than 100 million tons...

Tuesday, November 22, 2016

China’s Shagang to Hold Rebar, Wire Rod Prices Unchanged

[Ferro-Alloys.com] Chinese steelmaker Shagang Group announced to hold its rebar prices unchanged for deliveries in late November. Meanwhile, the company will hold its wire rod prices unchanged as well. After the adjustment, its ex-work prices for HRB400 re...

Tuesday, November 22, 2016

BHP: Coal And Iron Ore Demand Will Remain Slow After Peak Season E

BHP said recent coal and iron-ore prices have increased sharply, as China’s economic transformation would impact on iron ore and coal markets in first place. After the traditional winter demand season, coal and iron ore prices are expected to slow down.

Tuesday, November 22, 2016

China Steel Exports yo Remain High in 2017: report

[Ferro-Alloys.com] China's steel exports will remain high in 2017 due to flat consumption domestically and slow capacity rationalization, a recent report pointed out, forecasting exports at 100 million tons next year.

Tuesday, November 22, 2016

Inner Mongolia to Focus on Poverty Reduction

[Ferro-Alloys.com]In 2016, the annual budget for poverty reduction in the Inner Mongolia autonomous region rose to 5.79 billion yuan ($870 million), a year-on-year increase of 21 percent, according to the local finance department.

Tuesday, November 22, 2016

China’s Wugang to Achieve Production Target Cut for 2016

[Ferro-Alloys.com] The Chinese steelmaker Wuhan iron and steel group announced to achieve production target cut for 2016. Wuhan iron and steel group has met the 2016 production reduction objectives ahead of pig iron production capacity of 3.19 million tons a...

Thursday, November 17, 2016
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