China insight

Iron ore continues sliding

According to the Metal Bulletin data reported on March 28, the iron ore spot prices for benchmark fell 1.08% to US$55.76/ton, which is the lowest level since March 16. Chinese iron ore futures on the Dalian Commodities Exchange also slid 1.89%. Analysts a...

Thursday, March 31, 2016

Yunnan JinGai Trade Co., LTD Attends 13th China Ferro-Alloys International Conference

[Ferro-Alloys.com]Yunnan JinGai Trade Co., LTD Yunnan JinGai Trade Co., LTD attends 13th China Ferro-Alloys International Conference in Xi’an on May 25-28. Anyone who are interested in purchasing ferrophosphorus, please contact Mr. Chu(Cell: +8613698751347).

Wednesday, March 30, 2016

Hebei Steel group announces its wire rod guidance prices for in mid-March 2016

Hebei Iron and Steel Group has announced its wire rod guidance prices for mid-March 2016, the prices based on early March list. After adjustment, those for harden wire rod with diameter 6.5mm prices are at RMB2,650/ton; the 82B wire rod with diameter of 6....

Tuesday, March 29, 2016

Chinese steel exports cut will benefit to global steel industry

According to Noble Group, the tycoon of commodity trading company, pointed out that Chinese steel export is expected to decline after steel price goes up. It’s because Chinese practitioners may be more interested in doing business with the domestic steel mill...

Tuesday, March 29, 2016

China's HR steel prices rise further

In this week, China steel mills continues to cut the production output, along with decreasing stock levels, which forces steel prices are likely to upward trend. Those for HR coil, Q235, with thickness of 3-10 mm spot prices are at RMB2350-2450/ton; for HR ...

Tuesday, March 29, 2016

Taiwan's Quintain Steel to keep April prices unchanged

Taiwanese steel wire maker, Quintain Steel Co., Ltd, announced to hold its domestic wire rod price unchanged for April in response to downstream demand rebound along with prices have been increased in Feb-Mar. Although, Quintain Steel announced to keep Apri...

Tuesday, March 29, 2016

CIS HRC and CRC export prices continue to rise

In the last week, CIS HRC export prices US$40-70/ton; those for CRC export prices have increased by US$70-85/ton. Currently, CIS HRC export prices are at US$365-370/ton FOB, Black Sea, compared to US$295-330/ton for previous week. For CRC export prices are...

Thursday, March 24, 2016

Bohai Steel Group seeks finance crisis sloutions

Bohai Steel Group owns by the city government of Tianjin may be unable to make full repayment on RMB 192 billion debt. It’s reported that currently four subsidiaries of Bohai Steel all have in different level of crisis. Among them, Tianjin Pipe (Group) Co...

Thursday, March 24, 2016
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