China insight

Iron ore soars at $76 a tonne

[ferro-alloys.com] Iron ore hit its highest level since April driven by the demand of China’s steel industry, whose production grew by 4.6 per cent in the first half of this year and whose imports of the steelmaking raw material are on course to exceed 1 bill...

Tuesday, August 8, 2017

Steel Prices to Remain in Upward Track as Positive Factors Outweigh Negative Ones, SMM Says

[ferro-alloys.com] Steel prices are still in upward channel since positive factors will prevail in the short term.

Tuesday, August 8, 2017

Hebei to Eliminate Steel&Iron Capacities in Langfang by Late 2019; Output Restriction in Heating Season Releases

[ferro-alloys.com] Langfang will cut 4.12 million tonnes of iron capacity and 1.7 million tonnes of steel capacity at 4 steel mills in 2017, and will clamp down all capacities at those 4 steel mills by late 2019.

Monday, August 7, 2017

Ansteel Undertakes Maintenance at Medium Plate Production Line

[ferro-alloys.com] Shandong Laigang to Undertake Near 4-Month Maintenance at Blast Furnace in September, SMM Reports

Monday, August 7, 2017

CISA Lobbying Chinese Authorities for Incentives to Steel Exports, SMM Reports

[ferro-alloys.com] CISA Lobbying Chinese Authorities for Incentives to Steel Exports, SMM Reports

Monday, August 7, 2017

Keown: Is our affluence in jeopardy?

[ferro-alloys.com] A cartoon that causes the reader to seriously question our society’s behavior shows an alien spacecraft observing our planet and contemplating a landing. The visitors look at a region and see miners taking minerals from the earth. Workers a...

Monday, August 7, 2017

Iron ore price rise temporary, on China steel restocking: Barclays

[ferro-alloys.com] The iron ore price rise through July to over $70/dry metric ton is likely due to a temporary steel restocking cycle in China, and prices will fall to the mid-$50s/dmt CFR China level or below in the fourth quarter of 2017, Barclays investmen...

Thursday, August 3, 2017

China Focus: China shuts down illegal steel production, stays tough on overcapacity

[ferro-alloys.com] China's Tianjin Municipality and Hunan Province have dismantled production facilities for inferior-quality steel bars following a national inspection by the State Council.

Thursday, August 3, 2017
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