This week Chinese steel market started with optimistic market sentiments along with higher steel prices post May day holidays. However towards the end of weekend prices started tumbling as the USA govt announced increase to 25% from 10% on $200 billion worth of Chinese imports.
News ID: 4536 Publish Date : 2019/05/16
As per latest data released by Chinese customs, nation’s finished steel exports in Apr’19 stood at 6.33 MnT, unchanged as compared to previous month.
News ID: 4519 Publish Date : 2019/05/14
This week Chinese steel market reported rebound in its steel prices as buyers in China were restocking the material amid May Day holiday. However nation’s export offers witnessed decline over subdued trades.
News ID: 4491 Publish Date : 2019/05/10
Chinese HRC export offers edge down despite rebound in domestic prices- Chinese HRC export offers reported decline on weekly basis despite rebound in domestic prices. Traders in the domestic market are restocking the inventories ahead of May day holidays in China.
News ID: 4466 Publish Date : 2019/05/09
China’s leading Stainless steel mills have released their May tender prices for HC Ferro Chrome this week. Tisco announced its May tender prices for HC Ferro Chrome at RMB 6900/MT (USD 1025/MT) which was down by RMB 50/MT (USD7.43/MT).
News ID: 4453 Publish Date : 2019/05/07
This week Chinese steel prices exhibited mixed sentiments as they started the week with positive note amid higher steel prices. However later prices declined gradually on weekly basis owing to dull trading activities and weak demand in domestic market.
News ID: 4445 Publish Date : 2019/05/07
This week Chinese steel prices surge in the beginning of the week and witness decline towards the weekend over fluctuating futures. Meanwhile export offers inched up on weekly basis .
News ID: 4404 Publish Date : 2019/05/04
Santiago – China's Tianqi Lithium Corp has come to an agreement over the governance of Chilean miner SQM with key shareholder Pampa Group, easing away from hostilities over control of the world's second-biggest producer of lithium.
News ID: 4334 Publish Date : 2019/04/12
SteelMint in conversation with its market sources learned that an Indian pellet maker has recently concluded two export deals of 50,000 MT each for April delivery.
News ID: 4284 Publish Date : 2019/04/09
SteelMint in conversation with trade participants in Bangladesh shared that imported HRC offers fell by USD 5-10/MT as Chinese steel prices started softening in domestic and global market.
News ID: 4264 Publish Date : 2019/04/09
Indian Ferro Chrome prices increased amid improved global market conditions. In China, there is decrease in VAT rates – from 16% to 13% which would have been effective from 1st Apr’19, but the notification is still awaited.
News ID: 4235 Publish Date : 2019/04/08
Chinese HRC export offers inch down this week- Chinese HRC export offers inched down this week amid weakening prices in domestic market.
News ID: 4213 Publish Date : 2019/04/07
This week Chinese steel prices reported decline over weak trading in domestic market and fluctuating futures. Country’s rebar and HRC export offers remained stable this week. Coking coal offers moved down this week over limited trades from China. However iron ore prices recorded increase towards the weekend.
News ID: 4195 Publish Date : 2019/04/04
This week observed hike in rebar prices amid short supply in spot market. Shagang Steel raised long steel prices by RMB 40-50/MT (USD 6-7).
News ID: 4154 Publish Date : 2019/03/26
Chinese HRC export offers inch up following strengthening domestic market - Nation’s HRC export offers continue to move in upward direction following increase in domestic prices.
News ID: 4118 Publish Date : 2019/03/22
Battery metals tracker Adamas Intelligence says Chinese electric vehicle manufacturers deployed 253% more nickel in passenger EV batteries in January this year compared to 2018.
News ID: 4105 Publish Date : 2019/03/21
Chinese HRC export offer increases over gains in domestic market- Chinese HRC export offers continued to show uptrend amid improved buying and restocking demand prevailing among end users in China.Meanwhile increase in domestic prices also pushed export offers in upward direction.
News ID: 4068 Publish Date : 2019/03/18
Chinese HRC export offers inch up further - Chinese HRC export offers inch up further by USD 5-10/MT amid gains in domestic market.Meanwhile surge in futures can also be attributed for increased prices in export market.
News ID: 4013 Publish Date : 2019/03/14
This week Chinese steel market witnessed increase in prices from the beginning of the week,however fall towards the weekend amid fluctuating futures.Menawhile export offers continued to remain on higher side.
News ID: 3976 Publish Date : 2019/03/12
The Chinese steel exports that have supported the rising country’s crude steel output when the domestic demand faltered in the past, is once again likely to rebound this year.
News ID: 3974 Publish Date : 2019/03/12