China

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The iron ore price outlook has weakened ahead of a major Chinese holiday on fears that a coronavirus strain outbreak could delay the spring restart of construction projects.
News ID: 8316    Publish Date : 2020/01/23

The London Metal Exchange's (LME) Steel hot-rolled coil (HRC) fob China (Argus) futures has traded more than all of its other ferrous contracts combined this month.
News ID: 8315    Publish Date : 2020/01/23

China 's Hebei province will reduce crude steel production capacity by 14mn t/yr in 2020, as part of its plan to reduce 40mn t/yr of capacity during 2018-20.
News ID: 8269    Publish Date : 2020/01/09

Chinese government officials will visit Washington next week to sign a "phase one" trade deal with the US, China 's commerce ministry said today.
News ID: 8259    Publish Date : 2020/01/09

China 's Hengli Petrochemical is starting up today its 2.5mn t/yr No.4 purified terephthalic acid (PTA) unit at Dalian.
News ID: 8254    Publish Date : 2020/01/08

China has approved a new quota for more than 35,000t of copper, aluminium and ferrous scrap imports for delivery in 2020.
News ID: 8248    Publish Date : 2020/01/08

China 's central government-owned Baowu group produced 96mn t of crude steel in 2019 with 100mn t output "just around the corner".
News ID: 8244    Publish Date : 2020/01/07

Seaborne pellet prices rose over the last week, driven by robust demand and gains in 62pc and 65pc fines indexes.
News ID: 8241    Publish Date : 2020/01/07

China 's ministry of industry and information technology has announced new regulations for the recycling of used new energy vehicle (NEV) power batteries.
News ID: 8222    Publish Date : 2020/01/06

Odisha based pellet maker has concluded pellet export deal for around 58,000 MT quantity to China . The deal is heard to have concluded for Jan shipment at around USD 114/MT, CFR China for Fe 64% pellets with 3% Al. The deal price is mostly similar to the SteelMint's price assessment last week.
News ID: 8214    Publish Date : 2019/12/30

Indian Ferro Chrome prices are close to the bottom levels, and Ferro Chrome producers are filled with hope, that the prices may increase by next month. Producers are positive that with global Chrome Ore prices not falling further and Stainless Steel prices rising in China Ferro Chrome prices may also increase.
News ID: 8210    Publish Date : 2020/01/02

After a volatile year, cobalt prices ended 2019 on a downward trend, but the medium-to-long term outlook remains strong, with prices expected to recover.
News ID: 8202    Publish Date : 2020/01/03

Global HRC, CRC market continues to observe hike in export offers from countries like China , India. Following this import prices to Vietnam also witnessed increase.
News ID: 8187    Publish Date : 2019/12/31

Seaborne pellet prices rose on the back of tight availability from key supplier India and continued sintering restrictions in some Chinese cities.
News ID: 8179    Publish Date : 2019/12/31

US copper scrap spreads are expected to remain under pressure into 2020 amid continued lower demand from China because of restricted import licenses and quality inspections keeping US supply elevated.
News ID: 8174    Publish Date : 2019/12/31

Oil prices held on to three-month high on Monday, underpinned by optimism over an expected China -US trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following a US air strike.
News ID: 8168    Publish Date : 2019/12/30

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced that his country’s petrochemical sector will witness a significant growth with a huge investment of up to $3.7 billion by People's Bank of China .
News ID: 8165    Publish Date : 2019/12/31

According to the data from the Ministry of Industry and Information Technology (MIIT), China in November produced about 89,000 units of qualified new energy passenger vehicles, up 23.96 per cent from October, backed by the outstanding performance of the pure electronic vehicles market. But yearly basis, the output recorded a decline for the fifth consecutive month by almost 42 per cent.
News ID: 8157    Publish Date : 2019/12/30

The US indium market is expected to remain oversupplied into 2020, with supply issues possibly worsening after the government auction of metal once held by the bankrupt Fanya exchange in China .
News ID: 8113    Publish Date : 2019/12/27

Tsingshan group in China announced its January tender price for HC Ferro Chrome which is down by RMB 200 (USD 29) from December levels. The prices for Ferro Chrome were earlier dropped by RMB 400 (USD 57)/50 basis tons in December. The demand of Ferro Chrome remains absent all over the globe and with the Christmas holidays, the US and Europe market remains silent.
News ID: 8103    Publish Date : 2019/12/25

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