China

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The premium for domestic cold-rolled coil (CRC) prices to hot-rolled coil (HRC) in China has been expanding since July, with HRC prices falling sharply and CRC prices holding stable.
News ID: 6894    Publish Date : 2019/10/23

Global Ferrous Scrap prices witnessed mixed price trends this week. Turkey, China and South Asian markets observed a sharp rebound in prices of latest deals concluded. However on the other hand Japanese scrap prices in both domestic and export market observed a downturn.
News ID: 6859    Publish Date : 2019/10/12

This is the first of a five-part special report on China 's small independent refiners. S&P Global Platts conducted an extensive tour of the Shandong-based refining sector to gauge the direction it is headed and what it means for global oil markets. Shandong's independents have come a long way, having driven China 's and global oil demand growth, but they also face new challenges as the country's overall refining sector evolves.
News ID: 6837    Publish Date : 2019/10/21

Changan Automobile Co., Ford’s local partner in China estimates its loss to increase to RMB 550 million in Q3 2019 from RMB 160 million (US$23 million)in Q2. The loss is claimed to be driven by plunging sales in its proprietary car unit and joint ventures with Ford Motor Co. and Mazda Motor Corp.
News ID: 6835    Publish Date : 2019/10/22

Indian steel producers reduced their product inventories in August and September on the back of an acceleration in exports amid a domestic demand slump.
News ID: 6831    Publish Date : 2019/10/22

Seaborne pellet prices rose this week, as steel mills stepped up use of direct-charge material on the back of sintering restrictions in Hebei and Shandong provinces.
News ID: 6826    Publish Date : 2019/10/22

According to market sources report to SteelMint, an Iranian mill has booked 5,000 MT billet for export to Gulf in recent, sources reported to SteelMint. The deal concluded is for 150*150mm billet and the deal value was reported to be USD 350-355/MT and the delivery is scheduled for Nov'19.
News ID: 6815    Publish Date : 2019/10/08

China 's steel sector profitability remained sluggish in the peak sales month of October as a slowing economy and high output rates pressured product prices.
News ID: 6798    Publish Date : 2019/10/21

India has recorded sharp growth in billet/bloom export shipments against last month. Based on data of ports maintained with SteelMint, India has exported approximately 181,310 MT of billets and blooms in Sep’19 against around 64,000 MT in Aug’19.
News ID: 6793    Publish Date : 2019/10/05

Pollution cuts slowed China 's September crude steel output but were not enough to erase gains from a year ago.
News ID: 6736    Publish Date : 2019/10/18

Steel market participants are far from optimistic that China will significantly boost its economic stimulus after the country's GDP growth rate fell to 6pc during July-September, still within Beijing's target of 6-6.5pc growth for this year.
News ID: 6729    Publish Date : 2019/10/18

Indian iron ore export shipments in Sep’19 was recorded at 1.14 MnT, down 48% as against 2.20 MnT in Aug’19. On yearly basis, exports increased significantly compared to 0.12 MnT in Sep’18.
News ID: 6694    Publish Date : 2019/10/03

A Hebei steel mill in north China has signed an initial agreement to buy Indian pellet indexed to Argus assessments.
News ID: 6687    Publish Date : 2019/10/17

The IMF yet again has marked down its projections for global economic growth this year and next because of the US- China trade war.
News ID: 6662    Publish Date : 2019/10/15

China ’s production and sales of new energy vehicles (NEVs) continued to decline in September, the China Association of Automobile Manufacturers (CAAM) said on Monday. The country produced 89,000 units of NEVs last month, down 29.9% year-on-year.
News ID: 6658    Publish Date : 2019/10/14

China 's new-vehicle market has contracted for the 15th straight month, with sales declining 5.2 percent from a year earlier to 2.27 million in September, as the nation’s weakening economy continues to weigh on light vehicle demand.
News ID: 6657    Publish Date : 2019/10/15

Oil prices fell Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a US-Sino thaw that had helped lift crude markets by 2% at the end of last week.
News ID: 6648    Publish Date : 2019/10/14

An Iranian delegation is planning to visit China ’s Hi-Tech Fair, also known as CHTF 2019, from Nov. 10-14 in Shenzhen to expand bilateral ties and collaborations with innovative and knowledge-based companies and startups in the host country.
News ID: 6637    Publish Date : 2019/10/11

Chinese steel producer Jiangsu Shagang has raised its rebar ex-works prices by 30 yuan/t ($4.20/t) for mid-October deliveries in response to solid rebar demand during the high season.
News ID: 6628    Publish Date : 2019/10/11

The Yunnan government in China will auction stocks of gallium, germanium, selenium and tellurium held by the bankrupt Fanya metal exchange (FME) on 27 October.
News ID: 6624    Publish Date : 2019/10/11

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