China

Tags - China
The new steel minister Dharmendra Pradhan has his task cut out. Right from reining in the rising trend of imports to ensuring uninterrupted supply of iron ore and bank credit to the industry for capacity addition, the new minister will have a tough time in office, at least in the short to medium term.
News ID: 4769    Publish Date : 2019/06/07

The upheaval in graphite electrodes demand in the past two years and a steady surge in the requirements for graphite anodes for lithium-ion batteries in China has boosted the needle-coke demand in the country.
News ID: 4766    Publish Date : 2019/06/07

Indian iron ore export volumes increased by 45% to 2.05 MnT in May'19 as against 1.42 MnT in Apr'19. On yearly basis, iron ore export increased significantly as against 0.79 MnT in the month of May'18. Iron ore exports from India have climbed to 13-months high as similar level of exports was last seen in Mar'18 at 2.63 MnT.
News ID: 4765    Publish Date : 2019/06/07

According to market sources report to SteelMint, west India based pellet maker – Jindal SAW has concluded pellet export deal to China for 50,000 MT pellet consisting of Fe 63% (around 1.5% Al). The deal is heard to have concluded at USD 116/MT, FoB India for June shipment.
News ID: 4754    Publish Date : 2019/06/04

This week imported HRC offers to Vietnam slumped further amid weakening HRC export offers from China . Chinese HRC export offers continued to remain on downside and hovering at USD 500/MT FoB China .
News ID: 4753    Publish Date : 2019/06/04

Preliminary data released by Japan’s Ministry of Finance show that the country’s crude oil imports from Iran dropped 42% month-on-month to 169,100 barrels per day in April.
News ID: 4740    Publish Date : 2019/06/03

Although refiners in Asia are not left without choice for crude after the end of the US sanction waivers for Iranian oil, the higher price of alternative supplies, as well as soaring fuel exports from China , are depressing refining margins across Asia.
News ID: 4727    Publish Date : 2019/06/02

With rare earths in the cross hairs of the U.S.- China trade war, there’s a sharp focus on who else can sell the critical minerals.
News ID: 4725    Publish Date : 2019/06/02

In today's market of Silico Manganese, the expectation for upswing is still passionate. HBIS Group announced the purchase amount of Silico Manganese in June: 31,990MT, an increase of 2,500 MT compared with May 2019 and up 7,420 MT compared with 24,570 MT of June 2018.
News ID: 4709    Publish Date : 2019/06/01

Tangshan Jinma Steel based in China 's top steelmaking province of Hebei is set to invest 12.5 billion yuan to build a steel production base in Chifeng city of Inner Mongolia, according to market sources.
News ID: 4707    Publish Date : 2019/06/01

Central banks around the globe have been on a gold buying spree this year, with Russia and China leading the pack.
News ID: 4687    Publish Date : 2019/05/31

China , the top buyer of Iranian oil, dismissed Washington’s warning to Hong Kong that it could face penalties if it provides services to a vessel carrying Iranian oil headed for the autonomous territory, saying “normal energy dealings” with Tehran are in accordance with law and should be respected.
News ID: 4681    Publish Date : 2019/05/30

A recent spike in electric vehicle sales in B.C. is part of a global trend that saw 5.1 million EVs sold last year, according to the International Energy Agency (IEA).
News ID: 4667    Publish Date : 2019/05/28

India has officially ended all oil imports from Iran, India’s Ambassador to the United States Harsh Vardhan Shringla said on Wednesday, after Prime Minister Narendra Modi managed to emerge victorious from India’s elections.
News ID: 4659    Publish Date : 2019/05/28

It seems that the Graphite electrodes shortage that has cropped up in China in the latter of 2017 amid closure of polluting GE units seems to settle out as considerable surge have been recorded in country’s electrodes production as well as exports for the first quarter of 2019.
News ID: 4621    Publish Date : 2019/05/22

According to the latest data from the National Bureau of Statistics, China 's daily average crude steel output in April 2019 was 2,834,300 tonnes, breaking the record high average of 2,694,800 tonnes per day of crude steel output in September 2018.
News ID: 4619    Publish Date : 2019/05/22

Oil prices rose on Tuesday on escalating US-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year.
News ID: 4615    Publish Date : 2019/05/22

The iron ore market is on a surge, the price last week punching up through the $100-per tonne level for the first time in five years.
News ID: 4606    Publish Date : 2019/05/21

This week Chinese steel prices softened amid deprecation of nation’s currency Yuan against USD. Meanwhile USA govt imposed tariffs of 25% on $200 billion worth of Chinese imports. This resulted to pessimistic market sentiments and in turn weakened export offers from China .
News ID: 4593    Publish Date : 2019/05/20

SteelMint has heard that the Hebei province’s Tangshan city has set higher iron and steel capacity cuts target for 2019 after the feedback received from the air pollution inspection team recently.
News ID: 4558    Publish Date : 2019/05/17

Most Like