China will implement an additional 5pc tariff on imports of US copper scrap, increasing the total tariff to 30pc, effective 15 December.
News ID: 6187 Publish Date : 2019/08/26
China 's coking coal imports rose in July as Chinese steel producers increased their restocking with import quotas at various ports fast running out.
News ID: 6186 Publish Date : 2019/08/26
The Indonesian physical coal market made a typically slow start to the week, even as enquiries began to increase since the end of last week as some market participants see the market may be finding a floor.
News ID: 6183 Publish Date : 2019/08/26
Indian pellet export market continues remain slow as market participants are awaiting firm bids from China . According to the market participants, no firm bids for pellets from China were heard but indications for export around USD 110-115/MT, CFR China levels (3% Al pellets).
News ID: 6182 Publish Date : 2019/08/26
China 's plans to levy 5% tariff on US crude imports from September 1 caused a drop in benchmark crude prices Friday, jeopardized seaborne US crude shipments heading to China and limited buying interest in US crude from Chinese refiners.
News ID: 6162 Publish Date : 2019/08/25
US president Donald Trump ordered an increase in tariffs on imports from China after Beijing today struck back against his latest round of tariffs on imports from China by imposing a 5pc tariff on imports of US crude.
News ID: 6146 Publish Date : 2019/08/24
China will implement an additional 5pc tariff on imports of US copper scrap, increasing the total tariff to 30pc, effective 15 December.
News ID: 6143 Publish Date : 2019/08/24
Chilean miner Antofagasta Plc. (LON: ANTO) said Thursday it was striving to offset the impact of lower copper prices, which have fallen 4% this year due to uncertainties brought by the US- China trade war.
News ID: 6121 Publish Date : 2019/08/22
A long-delayed petrochemical complex at Gulei in southeast China is making some progress, after its backers secured almost $3bn in funding and began construction.
News ID: 6118 Publish Date : 2019/08/22
HA president Franz Butz gave a lecture at the China Foundry Industry Meeting on August 13.
News ID: 6097 Publish Date : 2019/08/22
U.S. Court of International Trade has affirmed virtually all of the U.S. Department of Commerce’s final antidumping determination on certain aluminium foil imported from China . The Aluminum Association has welcomed the court’s decision in a statement. Aluminum Association Vice President for Policy and International Trade Lauren Wilk said:
News ID: 6095 Publish Date : 2019/08/22
The Chinese operator of the Democratic Republic of Congo’s largest copper producer has told employees that it’s struggling to make money as the collapse of cobalt and copper prices hits miners in the country.
News ID: 6078 Publish Date : 2019/08/21
According to National Bureau of Statistics, China - world's largest consumer and importer of iron ore has witnessed slight rise in crude iron ore production for July’19.
News ID: 6072 Publish Date : 2019/08/20
China 's apparent consumption of crude steel over January-July rose 8.9% on year to 526.76 million mt and will be robust enough to absorb the surge in domestic steel production this year, according to S&P Global Platts estimates.
News ID: 6053 Publish Date : 2019/08/19
SteelMint in conversation with trade sources indicated that low grade iron ore fines export price have come down sharply following global trend. SteelMint’s assessment for low grade (Fe 57%) iron ore fines is around USD 55-60/MT, CFR China down by USD 10/MT as against being USD 65/MT, CFR China a week before. In a month’s time, low grade fines export assessment has come down by around USD 30/MT.
News ID: 6050 Publish Date : 2019/08/19
As per data released by National Bureau of Statistics (NBS) China ’s crude steel output reduces by 3% on monthly basis to 85.22 MnT in Jul’19 in comparison with 87.53 MnT in Jun’19.
News ID: 6035 Publish Date : 2019/08/18
The Philippines’ top exporter of high-grade nickel ore is expected to shut its mining operations soon as ore deposits at a project in the nation’s southernmost province of Tawi-Tawi are nearly depleted, a ministry official told Reuters.
News ID: 6027 Publish Date : 2019/08/18
China ’s biggest cobalt refiner Zhejiang Huayou Cobalt said on Thursday its overseas unit is pulling out a deal to invest $66.3 million in a cobalt mine in the Democratic Republic of Congo (DRC) after prices of the metal slid.
News ID: 6026 Publish Date : 2019/08/18
China ’s major steelmaker - Baosteel has announced increase in its steel prices for September deliveries. The company has increased its steel prices by RMB 50-150/MT (USD 7-12/MT) in its Baoshan, Meishan and Dongshan base for Sep deliveries.
News ID: 6002 Publish Date : 2019/08/17
This week global billet market remained sluggish. The market is under pressure from trade war between China and the US.
News ID: 5996 Publish Date : 2019/08/17