In this week, China steel mills continues to cut the production output, along with decreasing stock levels, which forces steel prices are likely to upward trend. Those for HR coil, Q235, with thickness of 3-10 mm spot prices are at RMB2350-2450/ton; for HR ...

Taiwanese steel wire maker, Quintain Steel Co., Ltd, announced to hold its domestic wire rod price unchanged for April in response to downstream demand rebound along with prices have been increased in Feb-Mar. Although, Quintain Steel announced to keep Apri...

In the last week, CIS HRC export prices US$40-70/ton; those for CRC export prices have increased by US$70-85/ton. Currently, CIS HRC export prices are at US$365-370/ton FOB, Black Sea, compared to US$295-330/ton for previous week. For CRC export prices are...

Bohai Steel Group owns by the city government of Tianjin may be unable to make full repayment on RMB 192 billion debt. It’s reported that currently four subsidiaries of Bohai Steel all have in different level of crisis. Among them, Tianjin Pipe (Group) Co...

[Ferro-Alloys.com]China Coal Energy Co. (OTCMKT:CCOZY) posted a huge loss and shrinking revenue in Y 2015 as the saturated coal industry has begun to bite into corporate profitability.

According to statistics showed, in January this year, Hong Kong exported 144,000 tons of scrap steel, down by 7.9% year on year, declined for 2 consecutive months, an increase of 91.7% month on month, over 100,000 tons for the first time since the August 2015,...

[Ferro-Alloys.com]Iron ore extended a gain toward $US60 a tonne as further signs of a recovery in China's property market, coupled with policymakers' plans to loosen margin-lending controls in equity trading, helped to improve sentiment.

[Ferro-Alloys.com]The 13th Five-Year Plan for the energy industry has been drafted and is expected to debut in the first six months of this year, the Economic Information Daily reported on Monday,