China insight
Chinese seamless steel pipe exports prices fall in 2015
According to statistics showed in 2015, China's steel exports exceeded 1 billion tons for the first time. Among them, China’s steel pipe exports totaled 9.978 million tons, accounted 8.88% of total steel exports, an increase of 6.26% year on year, hit ano... |
Iron ore prices remain stable
After the raw material prices jumped on March 7 in China market, those for slab prices remained at high level during a month. But Australia ‘s 62% powder ore sales prices to china continues to fall in the last 2 weeks. It is understood that china’s slab ... |
Beijing Announces Decision to Restrict Trade with Pyongyang
[Ferro-Alloys.com]Beijing has banned imports of iron ore from Pyongyang as well as exports of jet fuel and other oil products used to make rocket fuel, outlining China's restriction on trade with the country on Tuesday. |
Hebei Hits Anti-Pollution Target Ahead of Schedule
[Ferro-Alloys.com]Hebei has achieved its target of lowering airborne PM2.5 levels by more than 20 percent two years ahead of schedule, according to the province's Environmental Protection Bureau. |
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... |
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