China insight

CISA: China's Steel Sector Suffered Worst Year in 2015

According to China Iron and Steel Association (CISA), the steel producers in the country experienced the worst year in 2015, with total losses in business surges 24 times from 2014 to over USD15.5 billion. Meanwhile, the country´s steel mills suffered a to...

Wednesday, April 13, 2016

Taiwan’s CSC Slab Exports Up in March

China Steel Corp., the largest carbon steel makers in Taiwan, exported 48,713 tons of slab to Thailand in March, an increase of 1.61 times February. According to Customs figures showed CSC’s slab exports mainly to Thailand, and Vietnam, supply to Formosa ...

Wednesday, April 13, 2016

CHINA’S MARCH COAL IMPORTS UP 15.6PC AS RESTOCKING BEGINS

[Ferro-Alloys.com]China imported 19.69 million tonnes of coal in March, up 15.6 percent on the year, the country's customs authority said on Wednesday, as power plants sought to replenish stocks ahead of the pe

Wednesday, April 13, 2016

China’s Shagang to hike rebar, wire rod prices for mid-April

China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for mid-April. The company decided to hike its prices for rebar are at RMB80/ton. After the adjustment, its prices for HRB400 with thickness of 16-25mm are at RMB...

Tuesday, April 12, 2016

China's Angang to hike HRC prices unchanged for May

The Chinese steelmaker Angang Steel Company announced to hike its HRC prices are at RMB100-400/ton for May. Meanwhile, the company also rises its CRC prices are at RMB360/ton. After the announcement, those for SPCC CRC with thickness 1.0mm prices are at RM...

Tuesday, April 12, 2016

Taiwan’s Feng Hsin to hike rebar, scrap purchasing prices in this week

Feng Hsin Iron & Steel Co, one of the major electric furnace mills in Taiwan, has announced to rise its rebar and scrap purchasing prices by NT$600/ton and NT$300/ton in this week. After price announcement, Feng Hsin's new rebar base price will be NT$13,10...

Tuesday, April 12, 2016

Taiwan’s Chung Hong sales revenue up near 20% in March m-o-m

Taiwan’s Chung Hong Hung announced its march sales revenue reached NT$27.89 billion, an increase of 19.84% month on month; an increase of 8.38% year on year. The company’s revenue reached NT$77.06 billion in the 1st quarter this year, down by 0.36% year o...

Tuesday, April 12, 2016

China's carbon steel plate to increase further

The China's carbon steel plate increased at USD25-30/MT in the past three weeks. The current price level comes to USD385-390/MT CFR. However, the new price just released and it is increasing by USD10/MT and most of the mills all have the same prices up. So, th...

Tuesday, April 12, 2016
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