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Chinese steelmaker Jingye Group has completed its acquisition of the majority of British Steel's assets, the official receiver, Ernst & Young, confirmed today.
News ID: 8652    Publish Date : 2020/03/09

Billet stocks at 14 trading houses under Mysteel’s weekly survey in Tangshan, North China’s Hebei province, surged to a near two-year high of 1.08 MnT as of February 27, though the speed with which stocks are rising slowed during the survey week amid the gradual resumption of buying among re-rollers, according to Mysteel’s latest survey.
News ID: 8618    Publish Date : 2020/03/03

Chinese HRC export offers rebound on a weekly premise- Chinese HRC exports moved up by USD 5-15/MT W-o-W to USD 475-485/MT FoB China as compared with USD 460-480/MT a week earlier.
News ID: 8606    Publish Date : 2020/02/25

Traders are exploring possibilities of exporting Chinese butadiene (BD) to South Korea after an explosion at Lotte Chemical's Daesan cracker on 4 March crippled a 150,000 t/yr extraction unit and forced an indefinite force majeure declaration. The accident injured at least 31 people.
News ID: 8590    Publish Date : 2020/03/06

Chinese petrochemical producer, Sinochem Hongrun, is planning to restart production at its Weifang aromatics plant this week after it shut down in mid-October amid technical problems and poor economics.
News ID: 8578    Publish Date : 2020/03/04

Chinese buyers have entered the spot market for US coking coal cargoes with tariff exemptions starting on 2 March, potentially removing a 27.5pc import tax that made US shipments uncompetitive for the world's top consumer.
News ID: 8521    Publish Date : 2020/02/28

One of the world’s biggest aluminium extrusions manufacturer, China Zhongwang Holdings, on Wednesday, February 26, announced that it would sell its loss-making smelter for $655.94 million.
News ID: 8510    Publish Date : 2020/02/27

Supramax rates will likely come under pressure in 2020 amid expected lower Chinese demand for grain imports and high dry bulk fleet growth.
News ID: 8175    Publish Date : 2019/12/31

Chinese producer Shanxi Coking Coal has maintained long-term contract prices for low-sulphur coking coal in 2020 after a spate of mine accidents resulted in production cuts that tightened supplies.
News ID: 8152    Publish Date : 2019/12/30

Chinese vanadium prices have fallen in 2019 from a year earlier on a rise in spot availability and lower demand from producers of reinforcement steel bar (rebar) amid a slowing economy.
News ID: 8089    Publish Date : 2019/12/24

A slowdown in the real estate sector may pressure China's steel demand next year, according to analyst forecasts.
News ID: 8007    Publish Date : 2019/12/18

Australian iron ore mining company BHP has widened January-March discounts for some of its iron ore fines in response to a shift to higher-Fe ores at steelmakers.
News ID: 8002    Publish Date : 2019/12/18

Several naphtha-based crackers throughout Asia-Pacific are considering cutting their operating rates as margin losses deepen.
News ID: 7983    Publish Date : 2019/12/16

Development of three oilfields in Iran has been assigned to a domestic company, CEO of the firm, which is a subsidiary of the National Iranian Oil Company announced.
News ID: 7971    Publish Date : 2019/12/16

China's crude steel demand and output are expected to fall in 2020 after posting robust gains this year, said the country's state-run think-tank the Metallurgical Industry Planning and Research Institute.
News ID: 7927    Publish Date : 2019/12/12

Chinese antimony metal prices have slipped below profitable levels, indicating a gap between actual and expected demand that is leaving market participants struggling to gauge where prices might hit a floor.
News ID: 7911    Publish Date : 2019/12/11

This week nation's domestic steel prices reported a surge on a weekly basis over restricted supply amid recently announced production curbs. Along with this, RMB strengthening over USD, and strong domestic demand resulted in an upside in steel prices.
News ID: 7748    Publish Date : 2019/11/23

Indian pellet export prices have found support on declining Chinese port stocks. SteelMint’s pellet export assessment stands at USD 104-106/MT, CFR China for standard grade pellets with 3% Al, Fe 64%. Pellet export assessement has increased marginally against last assessment at USD 103/MT, CFR China.
News ID: 7603    Publish Date : 2019/11/16

Major coal producers in China have pushed back against buyers' demands for price cuts next year, opting instead to keep prices unchanged in provisional 2020 contracts.
News ID: 7510    Publish Date : 2019/11/22

Chinese automobile manufacturer BYD's new energy vehicles (NEVs) sales fell in October despite a rise in its January-October volumes.
News ID: 7426    Publish Date : 2019/11/13

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