China insight

Chinese steel prices will remain stable or chnace to go up

Chinese steel market prices continued rising in last week, but the prices for all products have fallen back in late week. Market participants believed that prices remained upward trend, but there is no clear sign that shows the mill will restart the produc...

Tuesday, January 12, 2016

S. China Discovers World's Largest Tungsten Deposit

A total of 2.86 million tons of tungsten ore has been discovered in a mining area in Fuliang County in southern China's Jiangxi Province, according to the provincial land and resources department on Jan. 5, 2016.

Tuesday, January 12, 2016

Baosteel and Wisco to Lift Their List Prices in Early of 2016

After China’s Baosteel raised their new list prices of February and March this year, China’s Wisco has also announced to lift their list prices at RMB150-350/ton for domestic market.

Tuesday, January 12, 2016

Taiwan’s steel slab imports fall in last December

According to Customs figures showed in last December, Taiwan imported 130,119 tons of steel slab, mainly from Russia. It estimates the steel slab imports expects to fall by 6.7% this year, compared to the same period of last year. Among the, Taiwan imported...

Monday, January 11, 2016

China's WISCO Releases Prices List for Feb

China's Wuhan Iron & Steel (WISCO) announced to raise its prices lost for all steel products for February delivery. Meanwhile, the company’s prices of HR medium heavy plate increases by RMB 150/ton; the prices of CR sheet

Monday, January 11, 2016

China’s Tisco plans to increase stainless steel production in 2016

China’s Tisco has expected its stainless steel production reached 10.25 million tons in 2015, including 4.01 million tons of stainless steel and exports of 810,000 tons. The company sales revenues are RMB 908 billion, a loss of RBM 4.3 billion. In 2016, Ti...

Thursday, January 7, 2016

China's Steel Industry is Experiencing Big Losses

China's steel industry is experiencing big losses, due to overcapacity and weakening demand. Chinese steelmakers is suffering from losses in the first eleven months of 2015.

Thursday, January 7, 2016

Chinese Shagang Group to Rise Rebar, Wire Rod Prices

Chinese steelmaker Shagang Group announced to rise its rebar prices by RMB80/ton for deliveries in January.

Tuesday, January 5, 2016
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