China insight
LME Nickel Prices Continues to Downward Trend
[Ferro-Alloys.com] It is reported that LME nickel prices continued to remain downward trend, below the previously expected US$10300/ton level, whether to invert the trend remained to be seen. The current LME nickel prices closed at US$10280 and US$10305/ton, ... |
The Quotation of Chinese SiMn Products Reached the Highest Point in 2016 (Oct 10th—Oct 14th)
[Ferro-Alloys.com] The price of Chinese silicon manganese products Reached the Highest Point in 2016 during the past week. The quotation of silicon manganese 6517 was RMB7400-7600/mt in Ningxia, the quotation was RMB7500-7600/mt in Inner Mongolia, the quotatio... |
Taiwan’s August Galvanized Imports Decrease 5% Y-O-Y
[Ferro-Alloys.com] Taiwan has been started anti-dumping investigation on imports of galvanized steel from China and South Korea, should help the galvanized steel market prices stopped falling. In August of this year, Taiwan’s galvanized steel imports are st... |
CISA: China’s Daily Crude Steel Production Rises in Mid-September
[Ferro-Alloys.com] China Iron and Steel Association statistics, in mid-September this year China’s crude steel production 1.7742 million tons, an increase of 0.8% compared to previous month. According to estimates, the country’s daily crude steel production... |
China’s Shagang to Cut HRC Prices for October
[Ferro-Alloys.com] China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for October. The company decided to cut its prices for HRC by RMB180/ton. After the adjustment, its prices for Q235 HRC with thickness of 5.5mm ar... |
China's Iron Ore Imports Expect to Reach More than 1 Billion Tons Next Year
[Ferro-Alloys.com] China's iron ore demand continued to increase, it estimated the demand is expected to increase in 2017 and with favor price competition advantages, the Chinese import volume will exceed 1 billion tons, or even close to 1.1 billion tons, incr... |
China’s Baosteel November Domestic Wire Rod Product Future Prices Increase
[Ferro-Alloys.com] The Chinese steelmaker Baosteel Group announced its domestic wire rod futures prices for November, based on the September prices, up RMB100/ton. The prices for cold heading steel wires and bearing wires will be increased by RMB100/ton, and ... |
Hard Times for Steel Manufacturer
[www.ferro-alloys.com] Rest of industry was profitable last year, but the Dalian-based firm took on too much debt。Dongbei Special Steel Group Co Ltd, a state-owned steelmaker in northeastern China, started bankruptcy proceedings on Oct 10.It is the first stee... |
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