China insight
China nickel industry’s new situation
In July Chinese reduced nickel and refined nickel imports, while ferronickel imports increased significantly.According to Chinese customs data show that imports of nickel in July is 3.29 million tons and reduced by 34 percent compared to the same period last y... |
Nickel industry from the supply of excess into a shortage?
World Metal Statistics Bureau (WBMS) released the latest data that the nickel industry is probable from the supply of excess into a shortage. WBMS recently report shows that in 2016 from Jan. to Jun. global nickel market supply shortages, the apparent demand f... |
Philippines: Mining Operations in ARMM Suspended for Performance Audit
COTABATO CITY — The Department of Environment and Natural Resources (DENR) in the Autonomous Region in Muslim Mindanao (ARMM) has suspended all mining operations in the region in the wake of the conduct of performance audit on operating firms’ compliance wit... |
China's June Steel Exports Hit the Highest Level since September 2015
[www.ferro-alloys.com] According to General Administration of Customs, Chinese steel exports increased to 10.94 million tons, up 16% monht on month, and up 3% year-on-year, which was the highest level in June since September 2015. Those exports in June were m... |
Chinese Origin Steel Wire to Be under Investigation of Anti-dumping by Brazilian Government
[www.ferro-alloys.com] It is reported that Chinese origin of the steel wire might be imposed anti-dumping duties by Brazilian government. To respond to the petition from local steel wire manufacturer in Brazil, Belgo Bekaert, a joint venture between the larges... |
China’s Baosteel to Cut Its Heavy Plate August Futures Prices
[www.ferro-alloys.com] China’s Baosteel announced to adjust down its heavy plate futures prices in August this year. The heavy plate prices on the basis of wide heavy steel plate, boiler plate, container plate, ship plate prices decline of RMB300/ton. Curren... |
Armco Metals Holdings, Inc. to Delist Its Common Shares From NYSE MKT
Armco Metals Holdings, Inc. (nyse mkt:AMCO) (the "Company" or "Armco") has provided formal notification to the NYSE MKT that it is voluntarily delisting its common stock from the Exchange and will transfer trading of its common stock to the OTCBB/Pink Sheets. |
Chinese May Scrap Steel Imports Decline
[www.ferro-alloys.com] According to statistics, in May this year, China imported 184,000 tons of scrap, down 16.3% year on year, fell for thirteen consecutive months since May 2015, down 8.4% month on month, fell for the first time in three months. Among them... |
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