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Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing US- China trade tensions lifted business confidence and the outlook for global economic growth.
News ID: 8054    Publish Date : 2019/12/20

China ’s top steel making city - Tangshan has issued a notice to reinitiate the grade II emergency response to heavy polluting weather, as the city declared a level 2 pollution emergency. The government imposed output restrictions on the steel production firms and ordered them to indefinitely suspend iron ore sintering and partially reduce steel output as of 13 Dec’19.
News ID: 8041    Publish Date : 2019/12/13

Global ferrous scrap market witnessed an upwards trend for yet another week most of the major markets this week. Turkey observed one of its most active weeks in the last few months even as the prices kept climbing up every day, while offers for South Asian Markets increased by similar proportions although demand stood limited. Japanese Tokyo Steel observed hiked its scrap purchase bids this week, while China ’s Shagang Steel dropped its purchase price.
News ID: 8032    Publish Date : 2019/12/14

As per the recent data released by Chinese customs, nation’s crude steel output hit 9-months low and stood at 80.29 MnT in Nov'19. Previous lowest crude steel output was recorded at 74.58 MnT in Feb' 19.
News ID: 8028    Publish Date : 2019/12/16

The graphite electrodes prices globally are on a free-fall for over the past one year amid excess supply and poor downstream demand. As per SteelMint's analysis, the electrode prices have plunged by almost 67% y-o-y basis (ex- China ). This includes both HP as well as UHP grades.
News ID: 8021    Publish Date : 2019/12/18

China is breaking records for crude oil imports and is not likely to stop soon as new refineries ramp up and hopes grow that the easing of trade tensions with the US will bolster the economy.
News ID: 8012    Publish Date : 2019/12/17

South Korea's largest styrene monomer (SM) producer Hanwha Total is planning to further reduce operating rates.
News ID: 8005    Publish Date : 2019/12/18

China 's seaborne pellet prices were little changed, with demand supported by sintering restrictions in parts of China and a seasonal shortage of domestic concentrate supplies.
News ID: 7992    Publish Date : 2019/12/17

Oil prices on Monday held near three-month highs, supported by last week’s announcement that an initial trade deal had been reached between the United States and China .
News ID: 7986    Publish Date : 2019/12/16

The West Australian port of Port Hedland increased its exports of lithium concentrate to China to 28,494t in November from 24,150t in October.
News ID: 7980    Publish Date : 2019/12/16

Eastern China ’s largest private ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group has announced its 2nd price lowering in a week, cutting down its bids by RMB 30/MT (USD 4) for all grades of domestic steel scrap procurement, with the new prices effective from today, 29th Nov’19.
News ID: 7963    Publish Date : 2019/11/29

Prices for 99.7pc manganese flake in Europe and China have declined in the fourth quarter on steel output cuts in China , reduced demand in Europe and falling manganese ore prices.
News ID: 7949    Publish Date : 2019/12/13

The US will delay indefinitely the imposition of tariffs on imports from China after Washington and Beijing concluded negotiations on an interim trade agreement.
News ID: 7944    Publish Date : 2019/12/13

China 's largest steel-producing city Tangshan has asked several steel producers to indefinitely suspend iron ore sintering and partially reduce steel output from tomorrow, as the city declared a level 2 pollution emergency.
News ID: 7925    Publish Date : 2019/12/12

The average spot alumina price in China has dropped by RMB 19 per tonne or 0.77 per cent to stand at RMB 2439 per tonne on Wednesday, 11 December 2019. Alumina price fell by RMB 9 per tonne yesterday. The drop in alumina prices has continued in all other major markets in China .
News ID: 7913    Publish Date : 2019/12/11

China 's largest private-sector steel producer Jiangsu Shagang has kept its rebar ex-works prices flat for mid-December deliveries in an attempt to stabilise market sentiment.
News ID: 7908    Publish Date : 2019/12/11

Seaborne pellet prices were higher on the back of seasonal winter stocking of direct-charge materials and profitable steel mills buying more medium- and high-grade iron ore to maintain peak production rates.
News ID: 7899    Publish Date : 2019/12/10

China ’s new energy vehicle (NEV) sales in November fell year-on-year by 41.7 per cent to 79,000 units, as reported by the China Passenger Car Association (CPCA) on Monday, December 9. This marks the fifth consecutive month of decline in new energy vehicle sales since the sharp cut on NEV subsidies went into effect in late June.
News ID: 7895    Publish Date : 2019/12/10

China ’s production of automobiles came in at 2.59 million units in November. This was up 13% month-on-month and 3.8% year-on-year, the China Association of Automobile Manufacturers (CAAM) said on Tuesday, 10 December 2019.
News ID: 7894    Publish Date : 2019/12/10

Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-US trade war.
News ID: 7890    Publish Date : 2019/12/09

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