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China’s refinery crude steel output rises 7.3% in January-February
[Ferro-Alloys.com]China's refinery crude throughput rose 7.3% year on year to 93.4 million mt, or an average 11.6 million b/d, over January-February, according to preliminary data released Wednesday by the National Bureau of Statistics. |
US steel sheet buyers wait on tariff clarity amid sparse openings
[Ferro-Alloys.com]Spot availability remained limited in the US steel sheet market on Wednesday as mills and service centers await clarity surrounding President Trump's tariff decision. |
US Steel plans to restart Granite City Works
[Ferro-Alloys.com] US Steel will restart one of two blast furnaces and the steelmaking facilities at its Granite City Works sheet mill in Illinois to support anticipated increased demand for domestic steel in the US pending tariffs on steel imports announced b... |
Chinese steel futures edge lower on weak demand
[Ferro-Alloys.com]Chinese steel futures ran out of steam, inching slightly lower on Wednesday, as demand remained weak, but the contract held near its highest in almost three months. |
Higher iron ore prices boost profit at Vale
[Ferro-Alloys.com]Brazil’s Vale reported a 38 per cent increase in net profit last year compared with a year earlier as higher iron ore prices bolstered the world’s biggest producer of the mineral. |
Iron ore price jumps to 10-month high
[Ferro-Alloys.com]Steelmaking raw materials made strong gains on Monday as Chinese mills, responsible for half the world's steel output, on the back of speculations that the certain provinces may extend steel supply curbs beyond the winter. |
HSBC Asset Management favours Chinese commodity stocks, based on strong government reforms
[Ferro-Alloys.com]Coal overcapacity slashed 15pc in the past two years, while that in iron and steel has been cut 10-15pc after successful government-led supply side reforms |
China data: Jan crude imports hit record high at 9.61 mil b/d, up 19% on year
[Ferro-Alloys.com]China's crude oil imports rose 19.4% on the year to a historic high of 40.64 million mt, or 9.61 million b/d, in January, rebounding from December, preliminary data released Thursday by the General Administration of Customs showed. The prev... |
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