China insight
Chinese company 'close to buying British Steel'
The deal should complete on Monday. |
Shanghai rebar futures end higher on more stimulus hopes
[Ferro-Alloys.com] Shanghai steel futures closed higher on Thursday, boosted by hopes of more stimulus by China to support its economy impacted by the coronavirus outbreak, although gains were capped on caution over the country’s record-high inventories. |
Chinese domestic coal prices under pressure as market sentiment softens
[Ferro-Alloys.com] Chinese domestic coal prices for higher grades of coals have been holding firm for eight weeks, but prices for weaker grades of coals have retreated, effectively erasing the increase in prices seen in mid-February. |
China Baowu’s crude steel output world’s largest in 2019
[Ferro-Alloys.com] Steel giant China Baowu Steel Group announced Wednesday that it surpassed the Luxembourg-headquartered ArcelorMittal to become the world’s largest producer of crude steel in 2019. |
Canada’s Steel Producers Set A Goal to Achieve Net Zero CO2 Emissions by 2050
[Ferro-Alloys.com] The Canadian Steel Producers Association (CSPA) today announced its goal to achieve net zero carbon dioxide emissions by 2050. This goal is the central plank of the CSPA’s newly unveiled Climate Call to Action -- an industry first that lay... |
China iron ore futures resume rise on stimulus optimism
[Ferro-Alloys.com] Chinese iron ore futures rebounded to close higher for a third straight session on Wednesday on optimism that further policy support will be rolled out to minimize the economic fallout from a global coronavirus outbreak. |
Indonesia’s Bukit Asam 2019 output rises 10.2%
[Ferro-Alloys.com] Indonesian state-owned coal miner PT Bukit Asam said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes. |
Canada Nickel expands Crawford holdings
v[Ferro-Alloys.com] Shortly after releasing a maiden resource for its wholly-owned Crawford nickel-cobalt sulphide project near Timmins, Ontario, Canada Nickel (TSXV: CNC) has announced an agreement with Noble Mineral Exploration to acquire one additional prop... |
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