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China insight

Dalian Iron Ore Drops from 17-month Peak as Steel Retreats after Rally

Dalian iron ore futures pulled back from 17-month highs to finish lower on Thursday as steel prices retreated after rapid gains earlier this week.

Friday, April 15, 2016

China’s Scrap Metal Supplies Hurts Iron Ore

[Ferro-Alloys.com]As China's booming middle class junks aging cars and home appliances, the next threat to the world's ailing iron-ore producers is materializing.

Friday, April 15, 2016

Britain, China must Jointly Solve Steel Srisis: Chinese Ambassador

[Ferro-Alloys.com]Chinese mainland stocks rose to a three-month high, led by materials and energy companies, after the nation's exports rebounded more than expected.

Thursday, April 14, 2016

CISA: China's Steel Sector Suffered Worst Year in 2015

According to China Iron and Steel Association (CISA), the steel producers in the country experienced the worst year in 2015, with total losses in business surges 24 times from 2014 to over USD15.5 billion. Meanwhile, the country´s steel mills suffered a to...

Wednesday, April 13, 2016

Taiwan’s CSC Slab Exports Up in March

China Steel Corp., the largest carbon steel makers in Taiwan, exported 48,713 tons of slab to Thailand in March, an increase of 1.61 times February. According to Customs figures showed CSC’s slab exports mainly to Thailand, and Vietnam, supply to Formosa ...

Wednesday, April 13, 2016

CHINA’S MARCH COAL IMPORTS UP 15.6PC AS RESTOCKING BEGINS

[Ferro-Alloys.com]China imported 19.69 million tonnes of coal in March, up 15.6 percent on the year, the country's customs authority said on Wednesday, as power plants sought to replenish stocks ahead of the pe

Wednesday, April 13, 2016

China’s Shagang to hike rebar, wire rod prices for mid-April

China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for mid-April. The company decided to hike its prices for rebar are at RMB80/ton. After the adjustment, its prices for HRB400 with thickness of 16-25mm are at RMB...

Tuesday, April 12, 2016

Taiwan’s Feng Hsin to hike rebar, 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 prices by NT$600/ton and NT$300/ton in this week. After price announcement, Feng Hsin's new rebar base price will be NT$13,10...

Tuesday, April 12, 2016