China insight

Steel Capacity Not just a China Problem

[Ferro-Alloys.com]Nation faces challenges from high debt and risks to social stability, but progress is being made China, together with other countries and regions, is facing severe challenges from overcapacity in steel production, which requires the joint ef...

Friday, May 27, 2016

Iron Ore Price Falls 5% – China Scrap Adds to Oversupply Fears

[Ferro-Alloys.com]On Tuesday the Northern China benchmark iron ore price plummeted 4.7% to $50.20 per dry metric tonne according to data supplied by The Steel Index. After two months of wild swings, the price now seems set to breach $50 a tonne level for the f...

Wednesday, May 25, 2016

Taiwan April Special-steel Imports Decline

[www.ferro-alloys.com] Taiwan April special steel imports totaled 139,022 tons, down by 19% month on month; those for April special steel exports totaled 117,814 tons, a slight decline of 3% from the previous month. According to Import and export figures fr...

Monday, May 23, 2016

China’s Hebei Steel to Hold HRC, CRC Prices Flat for Jun

[www.ferro-alloys.com] China’s steelmaker Hebei Steel has announced its price list in the domestic market for June. Hebei Steel decided to hold its prices of HRC, CRC and medium plate unchanged, and the prices of galvanized steel sheets will be hiked by R...

Thursday, May 19, 2016

The Further Promotion of 304CuW Stainless Steel

[www.ferro-alloys.com]To replace the existing stainless steel product, POSCO are further promoting 304CuW stainless steel with high corrosion resistance.

Wednesday, May 18, 2016

Taiwan April Welded Steel Pipe Imports Rises and Exports Fall

[www.ferro-alloys.com] According to Taiwan customs statistics, in April this year, Taiwan’s welded steel pipe exports totaled 8881 tons, down by 38% compared with 14408 tons in last March. In April this year, Taiwan exported only 2000 tons to United States. ...

Tuesday, May 17, 2016

China's Rebar Price Reach to the Bottom

[www.ferro-alloys.com] China's rebar price declined by 20% these days. However, Taiwan's offer only lowered 10%, at US$45/ton. It had a big price gap between China and Taiwan. Therefore, Taiwanese buyers are more conservative and don't take risk to purchase ...

Tuesday, May 17, 2016

CIS’s Billet Exports Fall for Two Weeks

[www.ferro-alloys.com] CIS’s billet exports market demand remained at a low level in this week. In fact, the export prices have been dropped between US$35~US$40/ton, at US$390~410/ton. Due to market demand remained weak, forced mills to drop the exports pri...

Tuesday, May 17, 2016
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