China insight

The benchmark price of ferrochrome in Europe has been set in the first quarter of 2021

The benchmark price of ferrochrome in Europe in the first quarter of 2021 was set at US $1.175/pound, up 3.1% from the fourth quarter of this year.

Friday, January 15, 2021

Global stainless steel consumption will increase by 11% in 2021

Markus Moll, managing director of Austria's SMR steel and metal market research company, said at a seminar organized by bir that the global market share of 300 series stainless steel will increase from 54.1% in 2019 to 59.3% by 2030, which means that nickel an...

Friday, January 15, 2021

Production and inventory of steel enterprises in early January 2021

In the first ten days of January 2021, the iron and steel enterprises produced 21.9561 million tons of crude steel, 19.4354 million tons of pig iron, 20.519 million tons of steel and 3.2226 million tons of coke.

Thursday, January 14, 2021

Overcome international environmental problems! Angang has turned waste into treasure of hot rolling sludge

On January 11, Anshan Iron and Steel Co., Ltd. reported that the scientific research achievements of "development and demonstration application of key technologies for online air flotation deoiling of hot-rolled sludge advection pool of steel enterprises" with...

Thursday, January 14, 2021

The contract value of MCC group will exceed one trillion yuan in 2020!

Recently, the report card of MCC's 2020 market has been published: from January to December, the newly signed contract amount of MCC was 1019.72 billion yuan, an increase of 29.4% over the same period of last year.

Thursday, January 14, 2021

The South African rand took a respite after the US dollar weakened and rebounded

The South African Rand was flat in early trading on Wednesday, breathing after rebounding from a weaker dollar the previous day.

Thursday, January 14, 2021

China exports 53.67 million tons of steel in 2020 and imports 2023 million tons

According to the General Administration of Customs, China exported 4.85 million tons of steel in December 2020, an increase of 448,000 tons over the previous month, an increase of 3.5% over the same period last year; From January to December 2020, China export...

Thursday, January 14, 2021

Anglo American deploys electric shovels in Peru

According to a caterpillar blog post, the daily handling capacity of 7495 electric rope shovel can reach 127000 tons.

Thursday, January 14, 2021
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