China insight

China hits steel and coal capacity cut target in advance

[ferro-alloys.com] China has accomplished its goal to cut 50 million mt of steelmaking capacity this year by the end of August, while another 140 million mt of low-quality steel capacity was also shut by October, according to state-owned newspaper People's Dai...

Thursday, December 14, 2017

China’s steel export up 7% in November

[ferro-alloys.com] China’s steel exports hit 5.35 million mt in November, up 7.4% on a monthly basis but down 34% from November last year, according to latest data released by Chinese customs.

Tuesday, December 12, 2017

Bushveld Minerals eyeing ?100m magic figure as builds momentum

[ferro-alloys.com] IT’S been an important year for Bushveld Minerals, the UK-listed company which recently spun off an investment in South African and Namibian tin into AfriTin, also listed in London.

Monday, December 11, 2017

Institutes: Iron Ore Demand to Decline in 2018 with China’s De-capacity Policy and Production Limit

[ferro-alloys.com] China’s iron ore demand in 2018 is expected to decline due to the country’s various regulations, according to analysts forecast at the 2018 China Steel Industry Chain Summit Forum on Dec 6.

Monday, December 11, 2017

China Metallurgical Industry Planning and Research Institute: China’s steel demand to slightly increase in 2018

[ferro-alloys.com] China’s steel demand is 725 million tons in 2017, up 7.7% on yearly basis. In 2018 this figure will be 730 million tons, up 0.7% compared with 2017, according to forecast of China Metallurgical Industry Planning and Research Institute.

Monday, December 11, 2017

Iron ore slips, but stays near 3-month high on firmer steel

[ferro-alloys.com] Iron ore futures in China slipped on Tuesday, but stayed near three-month peaks as steel prices largely sustained their strength amid production curbs in the world’s top steel producer.

Thursday, December 7, 2017

US to Levy Punitive Tariffs on Chinese Steel exported via Vietnam

[ferro-alloys.com] As per Routers, the US department of commerce says it will levy a 199.43% anti-dumping duty and 39.05% anti-subsidy duty on corrosion-resisting steel products using Chinese substrate imported from Vietnam.

Thursday, December 7, 2017

Iron Ore Demand to Decline in 2018 with China’s DE-capacity Policy and Production Limit

[ferro-alloys.com] On one hand, since previous extension projects of Vale, Rio Tinto, BHP Billiton and FMG have been gone into operation, the estimated newly-increased supply of iron ore will reach 38 million tons in 2018.

Thursday, December 7, 2017
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