[ferro-alloys.com] China’s steel demand is 725 million tons in 2017, up 7.7% on yearly basis. In 2018 this figure will be 730 million tons, up 0.7% compared with 2017, according to forecast of China Metallurgical Industry Planning and Research Institute.

[ferro-alloys.com] Iron ore futures in China slipped on Tuesday, but stayed near three-month peaks as steel prices largely sustained their strength amid production curbs in the world’s top steel producer.

[ferro-alloys.com] As per Routers, the US department of commerce says it will levy a 199.43% anti-dumping duty and 39.05% anti-subsidy duty on corrosion-resisting steel products using Chinese substrate imported from Vietnam.

[ferro-alloys.com] On one hand, since previous extension projects of Vale, Rio Tinto, BHP Billiton and FMG have been gone into operation, the estimated newly-increased supply of iron ore will reach 38 million tons in 2018.

[ferro-alloys.com] According to Chamber of Metallurgical Industries, from January to September, 145 major privately-owned steel enterprises (accounting for 80% output of total domestic privately-owned steel enterprises) have gained sales revenue of 1.33 trilli...

[ferro-alloys.com] Jiangsu Launches Provincial Air Pollution Alert: Limit Steel Production by 30%

South 32 optimistic about the market for the year ahead

[ferro-alloys.com] It would seem to defy logic that iron ore prices have continued to rise in recent weeks even as China steps up the idling of steel production as part of efforts to limit air pollution over winter.