China insight

Experts say there is limited room for steel prices to rise in 2021

In 2020, the high social inventory of the iron and steel industry will run through the whole year, the raw material price will obviously raise the production cost of the enterprise, and the overall profit of the industry is expected to continue to decline.

Wednesday, January 6, 2021

Eurasian Economic Union extends Ukraine's anti-dumping duty on seamless stainless steel pipes

Eurasian Economic Union extends Ukraine's anti-dumping duty on seamless stainless steel pipes.

Wednesday, January 6, 2021

GFG Alliance Completes Purchase Of TEMCO

[Ferro-Alloys.com] Key points The investment is an upstream integration for Whyalla and its steel plants globally.

Wednesday, January 6, 2021

Treasury Sanctions Key Actors in Iran’s Steel Sector

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated a China-based supplier of graphite electrodes, a key element in steel production, as well as twelve Iranian producers of steel and other metals products, and three...

Wednesday, January 6, 2021

Qingshan Iron and Steel Exit Nickel Resources Indonesia

On January 4, the company's subsidiary, Jingmen Green Mei, signed a PT. with Ningbo Bangpu Times New Energy Co., Ltd., New Exhibition International Holdings Co., Ltd., PT. Indonesia Morowali Industrial Park and so on. QMB NEW ENERGY MATERIALS memorandum, agree...

Wednesday, January 6, 2021

Citic Special Steel intends to bid for Shanghai Electric Steel Pipe 40% equity!

A few days ago, Citic Pacific Special Steel Group Co., Ltd. issued a notice that its subsidiary intends to participate in the bid for Shanghai Electric Group Steel Pipe Co., Ltd .40% stake.

Wednesday, January 6, 2021

Seven male of China Private Iron and Steel Group

In the case of increasing proportion, private steel is also growing bigger and stronger, according to 2019 world iron and steel production ranking, a total of 9 domestic steel companies into the world's top 50 production,7 of which reached more than 10 million...

Wednesday, January 6, 2021

China's coal supply sufficient for winter heating: economic planner

She also pledged more efforts to increase supply and adjust demand to lower coal prices.

Wednesday, January 6, 2021
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