China

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Major ferrous scrap markets exhibited an upward trend except for China . Prices moved up slowly amid positive sentiments in suppliers’ side and anticipation of a recovery in March demand in the near terms.
News ID: 4082    Publish Date : 2019/03/19

Graphite electrode makers around the globe had a wonderful run for almost a year starting from the latter half of 2017 amid supply-side structural changes in China which led to the promotion of steel production through electric furnace (EAF) route, ultimately resulting in the significant rise in the graphite electrodes demand and prices in China .
News ID: 4054    Publish Date : 2019/03/16

This week imported HRC offers to Bangladesh remain unchanged from China . Currently imported HRC (1.6-2mm) offers from China ’s major mills are heard in range of USD 575-580/MT CFR Chittagong.
News ID: 4051    Publish Date : 2019/03/16

MMTC- India’s largest and state-owned trading house, has floated EOI for empanelment of mine owners/ suppliers/ traders for the supply of non-canalised Iron Ore Fines and CLO.
News ID: 4049    Publish Date : 2019/03/16

The latest reports suggest that China ’s largest steel producer, Baowu Steel Group is mulling to set up its own manufacturing plant outside China in order to internationalize its business and strengthen its capacity with the intention to overcome the rising trade barriers.
News ID: 4035    Publish Date : 2019/03/15

Scrap imports from China and Vietnam observed significant fall in Jan’19
News ID: 4032    Publish Date : 2019/03/15

According to the recent data released by World Steel Association (WSA) total crude steel production of 66 steel manufacturing countries inch up by 1% to 146.70 MnT in Jan’19 as compared with 146.64 MnT in Dec’18.
News ID: 4011    Publish Date : 2019/03/14

According to the data maintained by SteelMint, Iran has exported 1.87 MnT iron ore via bulk shipments in the Feb'19 (during 22nd Jan- 21st Feb'19) and exports have hit eleven month high.
News ID: 3991    Publish Date : 2019/03/13

China 's "zombie" enterprises are impeding the country's economic transformation, said the country's biggest state aluminium producer, even though thousands of such unprofitable and indebted state-owned firms have been eliminated.
News ID: 3989    Publish Date : 2019/03/12

China ’s state-owned State Grid Corp promised further power price reductions for industrial and business users to support the economy, the company said on Sunday.
News ID: 3979    Publish Date : 2019/03/12

China ’s Tianqi Lithium, the world’s No.3 producer of the metal used in electric vehicle batteries, will appoint three members to the board of Chile’s Chemical and Mining Society (SQM), as it recently acquired almost a quarter of the company.
News ID: 3928    Publish Date : 2019/03/09

According to the reports, Taishan Steel Group Co, the only sizeable stainless producer in East China ’s Shandong province has just started constructing an 800,000 tonnes per year stainless cold rolling mill adjacent to its existing stainless hot-rolling mill in Laiwu district, Jinan city of Shandong.
News ID: 3891    Publish Date : 2019/03/08

China ’s largest Graphite electrodes (GE) producer, Fangda Carbon has recently announced its performance forecast for the year 2018.
News ID: 3887    Publish Date : 2019/03/08

The European hot-rolled coil market appears to be in holiday mood despite approaching the seasonally strongest second quarter of the year.
News ID: 3884    Publish Date : 2019/03/07

China said it will form a national oil and pipeline company, the first public acknowledgment of the massive energy industry overhaul planned since at least 2014.
News ID: 3879    Publish Date : 2019/03/07

Oil prices rose on Monday, buoyed by output cuts by producer club OPEC and reports that the United States and China are close to a deal to end a bitter tariff row that has slowed global economic growth.
News ID: 3830    Publish Date : 2019/03/04

Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to absorb all the new supply coming on stream over the next months.
News ID: 3816    Publish Date : 2019/03/03

Liquefied natural gas prices in North Asia, the world’s biggest market for the fuel, have slumped to the lowest in 17 months as the peak demand season ends with a whimper.
News ID: 3723    Publish Date : 2019/02/24

Seaborne lump prices have fallen sharply after hitting a peak in late January, as steel mills have stepped up purchases of non-premium medium-grade and low-grade lump cargoes and pellet as direct-charge feedstock for their blast furnaces.
News ID: 3709    Publish Date : 2019/02/23

US president Donald Trump said today he expects to meet with his Chinese counterpart, Xi Jinping, next month to work out final details of an agreement resolving trade disputes between the two countries.
News ID: 3708    Publish Date : 2019/02/23