China insight

No New coal Mines to be Approved for Three Years to Cut Stockpiles

China is suspending the approval of any new coal mines for three years to eliminate stockpiles and increase new-energy consumption, according to a report in Economic Information Daily on Wednesday.

Thursday, December 31, 2015

Taiwan Province of China Iron Ore Imports Declined 6%

The trade statistics released by the Taiwan’s Directorate General of Customs for the month of October 2015 indicates sharp fall in iron ore imports by the country. Taiwan’s iron ore

Wednesday, December 30, 2015

Zhenjiang Daqo Siemens Won the Certificate of the First Domestic Manufacturer

In December of 2015, the subsidiary of Daqo Group -- ZhenjiangDaqo Siemens Bus Duct Company received the certification for Energy-efficientBus Duct issued by China Quality Certification Center. And Zhenjiang DaqoSiemens Company is the first one who has this ce...

Tuesday, December 29, 2015

China Keeps to Import Much Ferronickel in November

[Ferro-Alloys.com] According to Custom’s Statistics, China imported ferronickel of 62581.866t in November, an increase of 159.9 percent year over year. From January to Novenber, China totally imported ferronickel of 625927.427t, an increase of 145.35 percent ...

Tuesday, December 29, 2015

Japan’s Special Steel Demand is Expected to Fall in Q1 of 2016

Japan Economy, Trade and Industry expected in January-March of 2016, Japan’s domestic special steel demand is about 1.0662 million tons, those for exports are about 483,800 tons, for whole Japan’s special steel demand is about 1.55 million tons.

Tuesday, December 29, 2015

China's Overcapacity Cut Will Not Cost a Lot of Jobs

"Structural reform, especially cutting overcapacity, will inevitably affect the employment status and income of some people, but that's a step we have to take," said Yang Weimin, deputy director of the Office of the Central Leading Group on Finance and Economi...

Tuesday, December 29, 2015

China's Tisco to rise HR steel prices for Jan

China’s Taiyuan Iron & Steel Group (Tisco), one of the major steelmakers in China announced to rise its list prices for hot rolled steel by RMB50/ton for January in next year. After the announcement, its list prices for Q235 hot rolled steel with thickness of...

Monday, December 28, 2015

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$11,200/ton; those for section ...

Monday, December 28, 2015
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