China insight

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

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

Taiwan's carbon steel plate transaction price might reach to NT$15,000/ton

China Steel Corp(CSC) announced to increase its AP plate price by NT$700/MT for May last Friday. CSC also announced the supply quantity yesterday which reduced by 20-30% compared to April. Stimulated by this, the supplier offered different price levels for...

Tuesday, April 12, 2016

The 13th China Ferro-alloys International Conference

The 13th China Ferro-alloys International Conference May 25-28, 2016,Embassador International Hotel,Xi'an, China

Tuesday, April 12, 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...

Monday, April 11, 2016

The HR price continue to rise in Shanghai market

In this week, the steel prices continued to rebound in China market, due to stocks continues to improve further. Those for HR coils, Q235 with thickness of 3.0mm prices are up from RMB2400/ton to RMB2700/ton; for thickness of 4-10mm, spot prices are at RMB 265...

Monday, April 11, 2016

China's crude steel productions fall in Jan-Feb

According to China's National Development and Reform Commission data released, in January-February this year, China's crude steel production totaled 1.2107 billion tons, down by 5.7% year on year; steel production totaled 1.6228 billion tons, down by 2.1% year...

Friday, April 8, 2016

Chinese seamless steel pipe exports prices fall in 2015

According to statistics showed in 2015, China's steel exports exceeded 1 billion tons for the first time. Among them, China’s steel pipe exports totaled 9.978 million tons, accounted 8.88% of total steel exports, an increase of 6.26% year on year, hit ano...

Friday, April 8, 2016
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