China insight

Solar scam: Chandy denies Saritha’s fresh charges

In a new twist in the solar scam, the prime accused in the case on Wednesday accused Kerala Chief Minister Oommen Chandy and his cabinet colleague Arayadan Mohammad of accepting bribe, a charge both denied.

Thursday, January 28, 2016

Chinese Company Plans to Acquire PSM Steel

[Ferro-Alloys.com]IIt is reported that Pakistan government is likely to abandon its PSM steel acquisition, due to unable to gain the benefits in the short term.

Thursday, January 28, 2016

Taiwan's Steel Pipe Prices Rise in February

Taiwan’s Chung Hong has announced to hike its February steel list prices are at NT$200-1000/ton yesterday. It expects that Taiwan’s pipe producers will expect to increase steel pipe prices this Friday.

Wednesday, January 27, 2016

China Plans to Cut Production Capacity, to Push The World Steel Prices up

It is reported that the World steel prices have dropped by 37%, beginning to pick up in early this year. According to the Iron and Steel

Wednesday, January 27, 2016

China’s Mn Ore Imports in 2015 Contracted Slightly from last Year

[Ferro-Alloys.com]It is reported that China totally imported more or less15.76 million tons of manganese ore in 2015 from last year 16.21 million tons according to data from Chinese Custom Statistics. The total import value of manganese ore in 2015 contracted...

Wednesday, January 27, 2016

Taiwan's Feng Hsin to leave rebar, scrap purchasing prices unchanged this week

Feng Hsin Iron & Steel Co., one of the major steel long product manufacturers in Taiwan announced to leave its rebar and scrap purchasing prices unchanged for this week. After the announcement, its list prices for rebar are at NT$11,600/ton; those for sect...

Tuesday, January 26, 2016

Chinese Benxi Steel announces it steel prices for February

Chinese Benxi Steel has announced it steel prices for February, the company raised RMB50/ton of hot rolled coils, for cold rolled coils up by RMB200/ton. After adjustment, the company’s Q235 hot rolled coil with thickness 3.0mm prices are at RMB2,270/ton, ...

Tuesday, January 26, 2016

Chinese Shagang Group to raise rebar, wire rod prices

Chinese steelmaker Shagang Group announced to raise its rebar prices by RMB50/ton for deliveries in late January. After the adjustment, its ex-work prices for HRB400 rebar with diameters of 16mm-25mm will be at RM1,950/ton. In addition, ex-work prices ...

Monday, January 25, 2016
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