China insight
Chinese Steel Makers Suffer Heaviest Loss in 2015
Taking investment returns into account, the country's steel mills recorded a total loss of 64.5 billion yuan in 2015, after a combined profit of 22.6 billion yuan in 2014. |
Taiwan’s Feng Hsin to hike 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 price by NT$300/ton in this week. After price announcement, its scrap purchasing price will be NT$6,400~6,900/ton. |
Taiwan's Quintain Steel to keep April prices unchanged
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... |
Iron ore continues sliding
According to the Metal Bulletin data reported on March 28, the iron ore spot prices for benchmark fell 1.08% to US$55.76/ton, which is the lowest level since March 16. Chinese iron ore futures on the Dalian Commodities Exchange also slid 1.89%. Analysts a... |
Yunnan JinGai Trade Co., LTD Attends 13th China Ferro-Alloys International Conference
[Ferro-Alloys.com]Yunnan JinGai Trade Co., LTD Yunnan JinGai Trade Co., LTD attends 13th China Ferro-Alloys International Conference in Xi’an on May 25-28. Anyone who are interested in purchasing ferrophosphorus, please contact Mr. Chu(Cell: +8613698751347). |
Hebei Steel group announces its wire rod guidance prices for in mid-March 2016
Hebei Iron and Steel Group has announced its wire rod guidance prices for mid-March 2016, the prices based on early March list. After adjustment, those for harden wire rod with diameter 6.5mm prices are at RMB2,650/ton; the 82B wire rod with diameter of 6.... |
Chinese steel exports cut will benefit to global steel industry
According to Noble Group, the tycoon of commodity trading company, pointed out that Chinese steel export is expected to decline after steel price goes up. It’s because Chinese practitioners may be more interested in doing business with the domestic steel mill... |
China's HR steel prices rise further
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 ... |
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