China insight

China's Steel Industry Strives to Tackle Overcapacity

[Ferro-Alloys.com]When Zhou Jiangtao joined Ansteel Heavy Machinery Co Ltd, he expected the life of stability and good salary traditionally guaranteed by State-owned companies.

Thursday, March 10, 2016

Taiwan’s CSC hike leeway prices for March

It is reported that Taiwan’s CSC(China Steel Corp) has already announced to rise its new list leeway prices for March. CSC increased NT$700/MT, NT$1200/MT and NT$600/MT for its hot rolled, cold rolled and galvanized seperately. After the adjustment, the h...

Tuesday, March 8, 2016

Taiwan's stainless steel wire rod mills stop offer as nickel up

Stimulated by this, downstream customers purchased for its stock. In addition, the oil price increased by 20% so far. Taiwan's Yieh Hsing and other wire rod producers have received lots of orders and forced to stop offer currently.

Tuesday, March 8, 2016

Taiwan’s base metal exports continue declining in February

Among them, Taiwan’s base metal and related products have declined by 16% year on year. The performance is relatively weak, but the decline gap has been improved further.

Tuesday, March 8, 2016

Chinese iron ore spot market prices surge by 19.5%

Chinese iron ore prices for prompt delivery increased US$10.2/ton to reach US$62.6/ton, the highest level since June 15, 2015. Future contracts in China was increased by 5%.

Tuesday, March 8, 2016

China Failed to Import Mn Ore at Lianyungang Port in Jan

[Ferro-Alloys.com]It is reported that China failed to import manganese ore at Lianyungang Port in January according to statistic provided by Inspection and Quarantine Bureau of Lianyungang. It is said that this is the first time that manganese ore imports show...

Tuesday, March 8, 2016

China’s ferroalloy exports fall in January m-o-m

According to statistics showed in January of this year, China’s ferroalloy exports totaled 23,732 tons, down by 1% month on month to 23,878 tons. In November, reduced 1% per cent. In November, China imported 276,889 tons of Ferroalloy, an increase of 1% m...

Monday, March 7, 2016

China’s 300 series of cold rolled stainless steel demand rises from japan

According to market sources reported, China's 300-series of cold-rolled stainless steel sheet demand has increased as well as prices also rose slightly.

Monday, March 7, 2016
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