China insight

China’s Baosteel to Hike Medium Plate Prices for Mar

[Ferro-Alloys.com]China’s Baosteel Group has announced to raise its prices for medium plate by RMB100/ton in March.

Tuesday, March 15, 2016

China Industrial Output Expands 5.4% for Jan-Feb

[Ferro-Alloys.com]China's value-added industrial output gained 5.4 percent year on year in the first two months of 2016, the lowest monthly growth since November of 2008, official data showed Saturday.

Wednesday, March 16, 2016

Taiwan's Import of Major Ferroalloys in Full Year 2015 Is 703,000 Tons

According to the import statistics of Taiwan, the import volume of major ferroalloys in the full year 2015 (January - December) was 702,962 tons, down by 2.1% from 717,761 tons in the prior year.

Monday, March 14, 2016

China Auto Sales down 0.9% in February

[Ferro-Alloys.com]Auto sales in China, the world's biggest auto market, fell 0.86 percent year on year to 1.58 million units in February, compared with a 7.7-percent gain recorded in January, data from an industry association showed

Wednesday, March 16, 2016

China plans to shut down 60% of steel mills in Hebei province by 2020

It is reported that China's Hebei province has planned to shut down 60% of steel mills by 2020. This main reason is to cut steel overcapacity in China. The overcapacity has forced the steel to the lowest level in decades. Any new high-energy-consuming and h...

Thursday, March 10, 2016

Taiwan to start anti-dumping investigation on imports of galvanized steel products

According to Ministry of Economy of Taiwan, it will start preliminary investigation of anti-dumping on certain flat-rolled steel products, plated or coated with zinc or zinc-alloys from China and South Korea, and start investigation on industry injury and prel...

Thursday, March 10, 2016

China's daily crude steel output decrease in mid-Feb

According to data released by China Iron & Steel Association (CISA), the country’s daily crude steel output averaged at 1.55 million tons in mid-February. The daily crude steel output in the world's top producer and consumer in mid-February decreased by a...

Thursday, March 10, 2016

China's spot price of iron ore drops

The spot price of iron ore fines 62% to China is being offering at US$59.63/ton, dropping by US$3.02/ton or 4.82% from the previous price. The average price of iron ore was US$55.22/ton in the month. Meanwhile, the China Iron Ore Price Index (CIOPI) de...

Thursday, March 10, 2016
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