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Why the Price of FeSi Rose

[www.ferro-alloys.com] The FeSi quotation embraced a sustainable growth, some companies even closed stockpiles after the meeting of cutting the excessive production capacity of FeSi industry and seeking higher price as protection initiated by Ordos Holding Gro...

Friday, March 11, 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

Samarco to Restart Production by Q4 2016

Reuters reported that the Brazil-based Samarco iron ore mine, whose tailings dam burst last year, killing 19 people, will restart production by the start of Q4 2016. Samarco is a joint venture between Vale SA (NYSE:VALE) and BHP Billiton (ASX:BHP,LSE:BLT,NYSE:...

Thursday, March 17, 2016

Hebei Shoulders Capacity Cutbacks

[Ferro-Alloys.com]Beijing's smog-hit neighbor Hebei needs more subsidies to help it reduce overcapacity in its major polluting industries, according to provincial officials.Zhang Qingwei, the governor,

Wednesday, March 16, 2016

'Steel Roses' Bound for Brazil

[Ferro-Alloys.com]China's 1-0 win over the South Korea in the Asian Zone women's soccer qualifications on Monday sealed Japan's fate even before the late match kicked off.

Thursday, March 10, 2016
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