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Beijing Announces Decision to Restrict Trade with Pyongyang

[Ferro-Alloys.com]Beijing has banned imports of iron ore from Pyongyang as well as exports of jet fuel and other oil products used to make rocket fuel, outlining China's restriction on trade with the country on Tuesday.

Friday, April 8, 2016

Hebei Hits Anti-Pollution Target Ahead of Schedule

[Ferro-Alloys.com]Hebei has achieved its target of lowering airborne PM2.5 levels by more than 20 percent two years ahead of schedule, according to the province's Environmental Protection Bureau.

Friday, April 8, 2016

Australia Lifts 2016 Iron Ore Price Forecast by 11 pct

[Ferro-Alloys.com]Australia lifted its 2016 price forecast for the country's biggest export earner iron ore by 11 percent on Friday, though kept it well under current market prices.

Friday, April 8, 2016

Chinese Steel Makers Suffer Heaviest Loss in 2015

Taking investment returns into account, the country's steel mills recorded a total loss of 64.5 billion yuan in 2015, after a combined profit of 22.6 billion yuan in 2014.

Friday, April 8, 2016

The Spot Price of Imported Mn Ore Fell Slightly

[www.ferro-alloys.com] According to the statistics of ferro-alloys.com, the spot price of imported manganese ore showed a slight drop than last week. Australian lump Mn46 was quoted at RMB36-37/mtu, South African half carbonic acid Mn37 was quoted at RMB34-35/...

Thursday, April 7, 2016

Taiwan’s Feng Hsin to hike scrap purchasing prices in this week

Feng Hsin Iron & Steel Co, one of the major electric furnace mills in Taiwan, has announced to rise its rebar and scrap purchasing price by NT$300/ton in this week. After price announcement, its scrap purchasing price will be NT$6,400~6,900/ton.

Thursday, April 7, 2016

Port of Hedland iron ore exports up in Mar

Australia's Pilbara monthly report released in March this year, Port of Hedland departure total 39.5 million tons of iron ore, rose 7.9% month on month, the highest level since September last year. Among them, Iron ore exports to China jumped to 32.6 milli...

Thursday, April 7, 2016

US's crude steel weekly output falls slightly

For the week ended April 2nd, US’s domestic crude steel production was 1.65 million/short tons, the capacity utilization was 70.6%. Meanwhile, US’s crude steel production output rose 2.2% year on year, and dropped by 1.5% month on month. After adjustment...

Thursday, April 7, 2016
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