China insight
China Industrial Output Expands 5.4% for Jan-Feb
[Ferro-Alloys.com]China's value-added industrial output gained 5.4 percent year on year in the first two months of 2016, the lowest monthly growth since November of 2008, official data showed Saturday. |
Taiwan's Import of Major Ferroalloys in Full Year 2015 Is 703,000 Tons
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According to the import statistics of Taiwan, the import volume of major ferroalloys in the full year 2015 (January - December) was 702,962 tons, down by 2.1% from 717,761 tons in the prior year. |
China Auto Sales down 0.9% in February
[Ferro-Alloys.com]Auto sales in China, the world's biggest auto market, fell 0.86 percent year on year to 1.58 million units in February, compared with a 7.7-percent gain recorded in January, data from an industry association showed |
China plans to shut down 60% of steel mills in Hebei province by 2020
It is reported that China's Hebei province has planned to shut down 60% of steel mills by 2020. This main reason is to cut steel overcapacity in China. The overcapacity has forced the steel to the lowest level in decades. Any new high-energy-consuming and h... |
Taiwan to start anti-dumping investigation on imports of galvanized steel products
According to Ministry of Economy of Taiwan, it will start preliminary investigation of anti-dumping on certain flat-rolled steel products, plated or coated with zinc or zinc-alloys from China and South Korea, and start investigation on industry injury and prel... |
China's daily crude steel output decrease in mid-Feb
According to data released by China Iron & Steel Association (CISA), the country’s daily crude steel output averaged at 1.55 million tons in mid-February. The daily crude steel output in the world's top producer and consumer in mid-February decreased by a... |
China's spot price of iron ore drops
The spot price of iron ore fines 62% to China is being offering at US$59.63/ton, dropping by US$3.02/ton or 4.82% from the previous price. The average price of iron ore was US$55.22/ton in the month. Meanwhile, the China Iron Ore Price Index (CIOPI) de... |
Hebei Shoulders Capacity Cutbacks
[Ferro-Alloys.com]Beijing's smog-hit neighbor Hebei needs more subsidies to help it reduce overcapacity in its major polluting industries, according to provincial officials.Zhang Qingwei, the governor, |
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