China insight
Taiwan's Feng Hsin to leave rebar, scrap purchasing prices unchanged this week
Feng Hsin Iron & Steel Co., one of the major steel long product manufacturers in Taiwan announced to leave its rebar and scrap purchasing prices unchanged for this week. After the announcement, its list prices for rebar are at NT$11,600/ton; those for sect... |
Chinese Benxi Steel announces it steel prices for February
Chinese Benxi Steel has announced it steel prices for February, the company raised RMB50/ton of hot rolled coils, for cold rolled coils up by RMB200/ton. After adjustment, the company’s Q235 hot rolled coil with thickness 3.0mm prices are at RMB2,270/ton, ... |
Chinese Shagang Group to raise rebar, wire rod prices
Chinese steelmaker Shagang Group announced to raise its rebar prices by RMB50/ton for deliveries in late January. After the adjustment, its ex-work prices for HRB400 rebar with diameters of 16mm-25mm will be at RM1,950/ton. In addition, ex-work prices ... |
Taiwan’s wire rod exports rise, due to improving construction projects in America
United States Department of Commerce released a statics showing that new construction project for household in December of 2015 has been increased up to one million, hit a new high after financial crisis of 2007–08. It is reported that new order for low-c... |
Asia's Largest Manganese Ore Discovered in S.W. China
A reserve of more than 192 million tonnes of manganese ore, believed to be the largest in Asia, has been discovered in southwest China's Guizhou Province, it was announced Friday. |
Chinese Steel Production is Expected to Decline in 2016
According to statistics released on Tuesday showed that China's steel output has dropped by 2.3% year on year to 803.83 million tons, down by 5.2% month on month to 64.37 million tons. China's steel production fell for the first time since 1991. |
Taiwanese pipe mills may rise prices for Feb
As raw material prices have raised sharply, some of Taiwanese pipe mills stop receiving orders. Taiwan's Chung Hung Steel(CHS) will announce new list prices for February in next week. It expects that Chung Hung Steel's new list prices are likely to up by N... |
Taiwan’s Leeway prices continue to rise further
Recently, Taiwan’s Leeway prices have continued to rise, due to prime CGI has remained shortage in the domestic market. Currently, Taiwan’s CGI prices are at NT$13300-13500/ton; those for HGI coil has supplied shortage in the market. Although, new CGI shi... |
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