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Ma’anshan Iron & Steel Co., Ltd. (Masteel) in China has been investing in upgrading production facilities and has now awarded Fives a turnkey contract to revamp a continuous galvanizing line (CGL) to produce new quality coated products.
News ID: 5340    Publish Date : 2019/07/20

On July 5, 2019, the Vice Minister of MIIT, Xin Guobin, cochaired with the French Ministry of Economy and Finance, Thomas Courbe, the 7th Sino-French Industrial Cooperation Forum held in Chongqing.
News ID: 5308    Publish Date : 2019/07/19

According to Shanghai Metals Market, demand for photovoltaic-use (PV-use) aluminium extrusion is likely to stay strong across China in the second half of the year, as the National Energy Administration (NEA) released on Thursday, July 18, the remaining quotas for residential solar qualifying for a 2019 subsidy, which was at 1.27GW.
News ID: 5306    Publish Date : 2019/07/19

Gränges’ production plant in Shanghai, China , has been certified against Aluminium Stewardship Initiative’s (ASI) Performance Standard for responsible production, sourcing and stewardship of aluminium. The facility produces aluminium strips and plates for the auto industry.
News ID: 5305    Publish Date : 2019/07/19

Ferro Chrome producers remain pessimistic as the prices fall to a new low each week. Demand for Ferro Chrome is dull in the domestic as well as global market due to bearish Stainless Steel demand.
News ID: 5301    Publish Date : 2019/07/19

Kuwait-based Equate Petrochemical, which operates Kuwaiti styrene producer TKSC, has restarted its 450,000 t/yr styrene monomer (SM) unit a week earlier than expected.
News ID: 5297    Publish Date : 2019/07/18

Floating discounts for iron ore concentrates have widened into China this month, including for higher-quality brands like 67-68pc Fe Minas Rio, as big moves in the underlying indexes and competition from domestic ores pressure discounts downward.
News ID: 5295    Publish Date : 2019/07/18

Continued strong global demand for steelmaking coal, especially in China and India, may be behind two new coal mine proposals in Canada’s British Columbia province.
News ID: 5254    Publish Date : 2019/07/17

Chinese HRC export offers continue to remain on lower side- Chinese HRC export offers continue to show downturn this week owing to thin trades happening in export market. Overseas buyers are unwilling to purchase material at higher prices and are bidding on lower side with the anticipation of further decline in prices.
News ID: 5248    Publish Date : 2019/07/17

The global billet market remained sluggish this week, as Turkish imported scrap prices have witnessed a drop amid limited deals. However market remained abuzz with recent billet bookings by China from Iran and Qatar made in last couple of weeks.
News ID: 5239    Publish Date : 2019/07/17

China 's Caofeidian port in Tangshan, Hebei province, has put a freeze on customs declarations for all imported coal with effect from 16 July, stoking fears that similar restrictions will be placed on other north China ports.
News ID: 5233    Publish Date : 2019/07/16

Perth-based graphite developer Bass Metals expects to increase its graphite sales by around 30pc in the September quarter, after they rose by 94pc in the June quarter.
News ID: 5199    Publish Date : 2019/07/15

China 's crude steel output in June rose by 10pc from a year earlier to 87.53mn t as Tangshan's pollution restrictions started too late in the month.
News ID: 5198    Publish Date : 2019/07/15

China 's gross domestic product (GDP) growth slid to a 27-year low of 6.2pc in the April-June quarter, compared with 6.4pc in the preceding three months. This has raised expectations of further stimulus measures to shore up the economy, which may boost steel demand in the infrastructure and housing sectors.
News ID: 5196    Publish Date : 2019/07/15

A total of 30,000t of third-quarter 2019 ICI 4 derivatives contracts traded today but trading activity was scarce in the physical market, with bids and offers softening.
News ID: 5194    Publish Date : 2019/07/15

As China ’s import restrictions have changed the market dynamics of the U.S. metal and paper scrap market and the scrap businesses across the U.S. are looking for new markets for recyclable, food and beverage cartons can still have a market in the U.S.
News ID: 5172    Publish Date : 2019/07/14

Hebei Sitong New Metal Material Co., Ltd. has joined Aluminium Stewardship Initiative as a Production & Transformation member, ASI announced on Thursday, 11 July 2019. The company, founded in 1998, focuses on R&D, production and sales of functional intermediate alloy, new materials and aluminium alloy wheel lightweight in China .
News ID: 5171    Publish Date : 2019/07/14

China ’s efforts to reduce some of the world’s worst air pollution are having a bonus positive effect, as they are improving the country’s potential to generate solar power by allowing more sunlight to reach the surface of the planet in that part of the world.
News ID: 5166    Publish Date : 2019/07/14

Raipur based pellet makers book over 50,000 MT for exports for August delivery, SteelMint learned from market participants. Although prices were not discovered at the time of publishing but SteelMint's price assessment for standard grade pellets stands at around USD 120-122/MT FOB India east coast. This is equivalent to INR 8,200-8,300/MT FoB basis.
News ID: 5145    Publish Date : 2019/07/13

World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 150.02 MnT in H1 CY19, down 9% as compared to H1 CY18 exports at 164.51 MnT, according to trade statistics released by Brazil customs. Total volume of iron ore & pellet exports from Brazil stood at 161.84 MnT in H1 CY19 against 184.3 MnT in H1 CY18.
News ID: 5125    Publish Date : 2019/07/11

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