According to China Administration of Customs statistics showed in January of this year, Chinese steel exports totaled 9.74 million tons, down by 5% month on month to 920,000 tons.
In January, China imported 930,000 tons of steel, down by 19.1% year on year;...
Last Saturday, Southern Taiwan has suffered 6.4 magnitude earthquake, due to Chinese lunar new year, most factories did not work and there were no one injury and financial losses.
However, some of stainless steel factories have reported that some stainless...
[Ferro-Alloys.com]According to China Administration of Customs statistics showed in January of this year, Chinese steel exports totaled 9.74 million tons, down by 5% month on month to 920,000 tons.
CISA report pointed out that China's steel industry is still facing four major outstanding issues, including overcapacity in conflicts and structural problems, enterprises ' exit mechanism has not been established, as well as unfair market conditions.
There...
[Ferro-Alloys.com]A market exit mechanism must be put in place as the steel industry strives to cut excess capacity, China Iron and Steel Association said on Friday.
Yieh Hsing Enterprise, one of the major wire rod producers in Taiwan released its price policy for February.
The company decided to raise list prices for killed steel wire rods by NT$600/ton and hold prices for Al-killed steel wire rods unchanged.
Meanwh...
China has taken concrete steps to reduce steel overcapacity, China's Ministry of Commerce (MOC) said on Saturday, in response to encouragement from the European Union (EU).