Global insight

Nanjing Iron and Steel Group invested in Indonesia to build iron-steel and coke industries

Nanjing Iron and Steel Group (Nangang), a Chinese steel giant, plans to set up a plant in Indonesia. If it is completed, the capital invested by Nangang will become one of the largest one in Indonesia.

Thursday, December 17, 2020

Due to capital speculation, the price of iron ore skyrocketed

Since November this year, the price of iron ore has skyrocketed. On December 11, the main contract futures price of iron ore surged to 1042 yuan / ton, a record high since iron ore are listed in 2013, and the closing price fell to 989.5 yuan / ton on the same ...

Thursday, December 17, 2020

Qingtuo cold rolling phase II is planned to be put into operation in January next year

Recently, in the stainless steel production workshop of Qingtuo Science and Technology Co., Ltd. in Wanwu industrial and trade zone, the high nickel steel billet smelted by RKEF advanced production process went through "relay type" continuous rolling, and stai...

Thursday, December 17, 2020

TISCO group: achieving double-digit profit growth and accelerating the construction of the overall industry chain system of stainless steel

In 2020, TISCO overcame the difficulties of periodical operation imbalance caused by the shutdown and overhaul of blast furnace.

Wednesday, December 16, 2020

Iron ore price rise may be unsustainable: steel mills

Even as S&P Global Platts IODEX 62% Fe fines benchmark fell Dec. 14 to $154.50/dmt, total pellet prices indicated well above earlier levels.

Wednesday, December 16, 2020

Vale settle 2021 Q1 pellet premiums for BF-grade pellet at $40/(dmt)

The settlements for BF-grade pellet premiums are double the $20/dmt premium in the previous quarter and 93pc higher than $24/dmt for DR-grade pellets.

Wednesday, December 16, 2020

BASF and Eramet partner to assess the development of a nickel-cobalt refining complex to supply growing electric vehicle market

Ludwigshafen, Germany and Paris, France – BASF and Eramet have signed an agreement to jointly assess the development of a state-of-the-art nickel and cobalt hydrometallurgical refining complex.

Wednesday, December 16, 2020

Chromium Industry in Q3 2020

Chromium Industry in Q3 2020 showed significant pick-up in production signals recovery.

Tuesday, December 15, 2020
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