China insight

Interview with Li Xinchuang, President of China Metallurgical Industry Planning and Research Institute

[www.ferro-alloys.com] Li Xinchuang: The major challenges that the global steel industry is facing are severe overcapacity and the need to develop new applications for steel. However, it must be stated that overcapacity in steel production is a common issue wo...

Friday, October 28, 2016

Base metals prices weaken, ali under pressure after stocks jump again

[Ferro-Alloys.com]Base metals prices apart from lead were in negative territory on Thursday, October 20, with LME aluminium around a one-month low after another rise in inventories this morning.

Thursday, October 27, 2016

CISA: China Plans to Cut 1.4 Billion Tons of Steel Production Capacity by 2020

[Ferro-Alloys.com] According to China Iron and Steel Association said, the government finally decided to cut 140 million tons of steel production before 2020, and it will be completed 70% of steel production capacity reduction in 2018. This is the first time C...

Thursday, October 27, 2016

China's Tisco to Keep HR Steel Prices Unchanged for Nov

[Ferro-Alloys.com] China’s Taiyuan Iron & Steel Group (Tisco), one of the major steelmakers in China announced to keep its list prices for hot rolled steel unchanged for June this year. After the announcement, its list prices for Q235 hot rolled steel with ...

Thursday, October 27, 2016

China Steel Mills Blast Furnace Operating Rate Edged Down

[Ferro-Alloys.com] According to related institutions statistics showed that on October 21, China has 31 home steel Enterprise for BF maintenance (containing discontinued and the stew furnace equipment), total has 50 BF for maintenance. The maintenance BF volu...

Thursday, October 27, 2016

Taiwan's CSC Announces to Rise Its EF Al-killed Wire Rod Prices for Dec

[Ferro-Alloys.com] Taiwan's China Steel Corp(CSC) announced to increase its electric furnace(EF) Al-Killed wire rod prices by NT$600/ton for December. After price adjustment, the low carbon wire rod prices are at NT$18,200/ton; for mid/high carbon wire rod p...

Thursday, October 27, 2016

Taiwan’s Rebar Production Output Remains Weak in Sep

[Ferro-Alloys.com] It is reported that Taiwan’s rebar production output remained weak in September this year, due to back-to-back typhoons hit Taiwan, the factories were affected. In September 2016, Taiwan produced 338,000 tons of rebar, down 12.36% compared...

Thursday, October 27, 2016

Taiwan’s November H Section Price Is Expected to Rise

[Ferro-Alloys.com] Taiwan’s two major H section makers announced to increase H section prices in November this week. From raw material perspective that H section prices virtually set, and the difference is how much will price goes up. It is expected November...

Thursday, October 27, 2016
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