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Imports from Russia have risen 139%, and from Turkey 76% — sparking fear of a depressed European market and possible protectionist measures to prevent that
time2018/05/08
PublisherJoey gao
Iron ore prices rose on Tuesday, supported by strength in Chinese steel markets.
Futures finished mixed in overnight trade with rebar contracts holding earlier gains while iron ore contracts fell.
The Commonwealth Bank expects prices for higher grade iron ore to remain supported in the period ahead.
time2018/06/13
PublisherJoey gao
time2018/06/29
PublisherJoey Gao
time2018/06/29
PublisherJoey Gao
MANILA/BEIJING (Reuters) - Chinese steelmakers are seeking new export destinations in Africa and South America as shipments to their biggest overseas buyers in Southeast Asia fall by double digits, with new U.S. trade actions threatening to kill off some markets entirely.
time2018/07/04
PublisherJoey Gao
MANILA/BEIJING (Reuters) - Chinese steelmakers are seeking new export destinations in Africa and South America as shipments to their biggest overseas buyers in Southeast Asia fall by double digits, with new U.S. trade actions threatening to kill off some markets entirely.
time2018/07/04
PublisherJoey Gao
time2018/07/09
PublisherJoey Gao
time2018/07/09
PublisherJoey Gao
China’s steel futures rose during morning trading on Wednesday July 11 having started the day weak, while the steelmaking raw materials contracts ended the session little changed from their opening prices.
time2018/07/11
PublisherJoey Gao
If the import duties imposed by the US government succeeds, job losses are imminent in the steel and aliminium industry, says Business Unity of South Africa (BUSA).
time2018/07/23
PublisherJoey Gao
Chinese steel futures surged to multi-year highs on Friday.
The strength helped to support mid and high iron ore grades during the session, as well as other bulk commodity prices.
Chinese futures held most of their earlier session gains on Friday evening.
time2018/07/30
BEIJING (Reuters) - China’s steel mills churned out record amounts of the construction material in June as producers rushed to cash in on hefty margins, even as a trade spat between Beijing and Washington intensified.
time2018/08/02
PublisherJoey Gao
Chinese rebar futures hit a five-year high on Tuesday. However, iron ore futures fell fractionally.
The price divergence may reflect temporary steel production curbs implemented in many parts of China, limiting steel supply and iron ore demand.
Spot iron ore pricing was unavailable.
time2018/08/02
PublisherJoey Gao
German steel distributors and mills expect steel prices to move up in August, while inventories are expected to stay mostly stable, according to S&P Global Platts' monthly steel sentiment survey.
time2018/08/08
PublisherJoey Gao
time2018/08/13
PublisherJoey Gao
President Trump tells The Wall Street Journal that his steel tariffs will save the industry despite any temporary problems.
The president's trade actions have prompted criticism from some GOP lawmakers, economists and companies who rely on steel inputs.
time2018/08/20
time2018/08/20
PublisherJoey Gao
Tokyo — Japan Iron & Steel Federation's official Monday said that the decline in the country's July crude steel production was unexpected, given that demand for steel products has been firm
time2018/08/27
PublisherJoey Gao
WASHINGTON (Reuters) - Mexico’s steel industry association Canacero said on Thursday it was called to Washington to discuss implementing steel quotas with the United States to replace the 25 percent tariffs U.S. President Donald Trump imposed on imports of the metal.
time2018/08/27
PublisherJoey Gao
Pittsburgh — The US raw steel weekly capability utilization rate nearly reached the 80% mark once again last week, climbing to 79.8%, according to data released Tuesday by the American Iron and Steel Institute.
time2018/09/06
PublisherJoey Gao
Singapore — India produced 52.28 million mt of crude steel over April-September, up 6% from the same period of 2017, amid a rise in domestic demand, latest provisional data from the country's Joint Plant Committee showed
time2018/10/09
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