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China insight

Hebei Steel Group Announces Its Wire Rod Guidance Prices Remain Unchanged for in Mid-May for 2016

[www.ferro-alloys.com] Hebei Iron and Steel Group has announced its wire rod guidance prices for mid-May 2016, the wire rod prices increased slightly, based on early May list. After adjustment, those for harden wire rod 40-60 with diameter 6.5mm prices are a...

Friday, May 13, 2016

China's Nine Top Molybdenum Producers Agree to 10% Production Cuts in 2016

[Ferro-Alloys.com]Nine leading molybdenum producers in China have proposed cutting national production of molybdenum concentrates by 10% in 2016 as the industry faces continuing challenges of severe overcapacity, cut-throat competition, slumping prices in both...

Friday, May 13, 2016

Chinese Iron Ore and Rebar Futures Fall Limit-down

[Ferro-Alloys.com]Naturally, this has led to speculation that China's economic trend is down, not up, so commodities are down notably today: iron ore down 6.2 percent, copper down

Thursday, May 12, 2016

Taiwan’s Slab Exports Rise in April

[www.ferro-alloys.com] According to Taiwan Customs figures, in April this year, Taiwan slab exports expected to continue to rise, exported a total of 84159 tons, an increase of 72.7% month on month. In addition, the export prices to Thailand fell by 5.7% mont...

Wednesday, May 11, 2016

Taiwan's Import of Major Ferroalloys in February 2016 Is 54,565 Ton

[Ferro-Alloys.com]According to the import statistics of Taiwan, the import volume of major ferroalloys in February 2016 was 54,565 tons, down by 18.0% from 66,522 tons in the prior month.

Wednesday, May 11, 2016

Taiwanese Mills to Cut Scrap Purchasing Price Further

[www.ferro-alloys.com] After several price rises, the scrap purchasing price dropped by NT$500/MT last week in Taiwan. However, the scrap price continues to decrease further by NT$500/MT this week. After adjustment, the current price level is in the range of...

Tuesday, May 10, 2016

China's Iron Ore Price to Soften, Stabilize in May: CISA

[Ferro-Alloys.com]The China Iron & Steel Association expects China's iron ore prices for both domestically produced and imported cargoes to likely soften and stabilize in May, it said in its April report released Monday.

Tuesday, May 10, 2016

CISA: China Steel Enterprise Daily Crude Steel Production Rises in Early April

[www.ferro-alloys.com] According to the China Iron and Steel Association statistics, in early April 2016, China steel association members daily crude steel production was 1.6863 million tons, an increase of 3.39% month on month to 55,300 tons. It estimates the...

Friday, May 6, 2016