China insight
Iron ore futures Drop as Inventories Surge Higher
[Ferro-Alloys.com]Iron ore futures in Asia tumbled as rising port inventories in China, the biggest buyer, hurt prices that have been propelled higher by an improved economic outlook and heightened investor speculation. |
China Molybdenum on the Hunt for Prime Western Mines
[Ferro-Alloys.com]The Chinese miner that is paying $1.5bn for a group of Anglo American mines is on the hunt for more deals, believing the time is right to pluck prime assets from struggling western rivals. |
Taiwan’s Feng Hsin to Hike Rebar, Scrap Purchasing Prices in This Week
[www.ferro-alloys.com] 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$500/ton and NT$300/ton in this week. |
Hebei Steel Group Announces Its Wire Rod Guidance Prices in Early May for 2016
[www.ferro-alloys.com] Hebei Iron and Steel Group has announced its wire rod guidance prices for early May 2016, the wire rod prices increased slightly, based on mid-April list. |
China’s Shagang to Hike Rebar, Wire Rod Prices for Early May
[www.ferro-alloys.com] China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for early May. The company decided to hike its prices for rebar are at RMB30/ton. Those for wire rod prices up by RMB250-300/ton. |
China Urges More Communication with US on Steel Issue
[Ferro-Alloys.com]on Tuesday, under Section 337 of the Tariff Act of 1930, against around 40 Chinese steel producers and their distributors.Pittsburgh-based US Steel said in a statement that its complaint regarded |
Strong Infrastructure Investment to Underpin Stable Growth
[Ferro-Alloys.com]After a satisfactory jump in the first quarter (Q1), China's infrastructure investment is set to continue to be a major economic driver during the rest of the year, especially thanks to projects to alleviate poverty.The Chinese economy posted... |
China's Crude Steel Output up in Mid-Apr
[www.ferro-alloys.com] According to data released by China Iron & Steel Association (CISA), the country’s daily crude steel output averaged at 1.687 million tons in mid-April. |
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