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Chinese steel mills win domestic iron ore pricing in some
Chinese steelmakers have succeeded in a push to include domestic iron ore price indices in some 2018 annual supply contracts with global miners, four industry sources said, as the world's top buyer boosts its clout over pricing of major commodities. The move Get price
Government officials call for output control at Chinese
Steel mills must control their own production rhythm in accordance with the pace of China's economic development, he said. Officials from the industrial ministry, the market regulation administration and experts from the China Academy of Engineering also said that the fat profit margins enjoyed by the steel sector will not be seen in 2019 due to a supply glut and waning demand. Get price
Chinese steel mills' FeSi tenders down in Oct
Chinese steel mills' FeSi tenders down in Oct Oct 08, 2018 | 08:38 AM | Singapore | Karen Ng You might notice something different here. As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of Get price
Chinese Steel Mills Trigger Growth in Indian Iron Ore
Mills are increasingly interested in pellets "given the Chinese government's intent to curtail production of polluting industries," he said. "China's recently announced stimulus to prop up infrastructure demand is likely to aid steel production growth, which in turn is likely to keep pellet prices buoyant." Get price
China Business Digest: China Vows to Expand Covid
Chinese leaders pledge to expand virus testing to support recovery of social life, while another study suggests links between Covid-19 and air pollution. The meeting convened by the State Council, China's cabinet, also pledged to strengthen financial services for small and micro businesses and to lower small and midsize banks' required loan-loss provision ratios, among other measures. Get price
Chinese steel mills predict profit plunge for H1
2020/7/23Some Chinese steelmakers suffered falls in their H1 net profits as their businesses were squeezed on many sides, Mysteel Global has learned, chiefly from iron ore prices which hovered high during the half, delays in steel demand due to the COVID-19 outbreak and Get price
Chinese steel mills challenged another $7/t price rise
11 Jun 2020 Steel Chinese steel mills challenged another $7/t price rise Shortly after agreeing to raise the coke procurement price by Yuan 50-100/tonne ($7-14/t), Chinese steel mills have been approached by their coke suppliers for another Yuan 50/t rise for the same reason - supply tightness, according to Get price
Hengyang Valin Steel Tube Co. Ltd._
Hengyang Valin Steel Tube Co. Ltd. (hereinafter referred to as HYST) is a subsidiary of Hunan Valin Iron Steel Group Co., Ltd. founded in 1958, is one of the seamless steel tube pipe enterprises with the most entire rolling mills, advanced equipment and complete Get price
The rise of China's giant steel mills
2018/7/30China still has more than 400 steel companies in existence and remains the most fragmented steel industry in the global steel industry as can be seen in below chart. This is acting as an obstacle to pricing power in the industry, despite Chinese steel mills accounting for 5 Get price
CBA: Chinese steel mills are making a motza, and that's
Chinese steel demand is firm, prices are moving higher while the input costs to produce it have fallen, leading to a rapid improvement in margins at many Chinese steelmakers. And, as a result, it's helped to propel iron ore prices to levels not seen in close to three Get price
Back on the menu: Chinese steel mills regain taste for
Chinese steelmakers are regaining their appetite for high-grade iron ore despite record-high ore prices, mill managers and traders say, as recovering profit margins spur plants to seek efficiency gains and ramp up output. Steel firms had been forced to slash input Get price
Hengyang Valin Steel Tube Co. Ltd._
Hengyang Valin Steel Tube Co. Ltd. (hereinafter referred to as HYST) is a subsidiary of Hunan Valin Iron Steel Group Co., Ltd. founded in 1958, is one of the seamless steel tube pipe enterprises with the most entire rolling mills, advanced equipment and complete Get price
China Deploys State Power to Dominate Global Steel
During that period, Chinese steel production increased by 346 percent, while steel production in the rest of the world decreased by 10 percent. Today, China's total steel production is on pace to be as much as 630 million metric tons per year, accounting for more than 45 percent of global steel production. Get price
Chinese steel mills increase stockpiles: Iron Ore Highlights
Chinese steel mills increase stockpiles: Iron Ore Highlights Chinese mills ordered to carry out maintenance due to smog that continues to choke Shanghai and its surrounding areas. Trading activities have improved since the beginning of December as Chinese steel mills, which maintained low-level raw materials inventories for the most of the year, have been keen to increase their stockpiles Get price
Chinese Steel Mills Posted Notable Surge in Scrap Inventory
However, the scrap prices are likely to remain under pressure in the near-term as mills are said to be having enough stock of scrap. As per statistics, the scrap inventory with Chinese steel mills is currently around 1.88 million tons, which is significantly higher by Get price
Indian steel mills show mettle, reduce dependence on
2020/8/19Read more about Indian steel mills show mettle, reduce dependence on China for exports on Business Standard. Most companies resorted to exports during April and May to tide over the nationwide lockdown which impacted end-users of steel Get price
Chinese steel mills' FeSi tenders down in Oct
Chinese steel mills' FeSi tenders down in Oct Oct 08, 2018 | 08:38 AM | Singapore | Karen Ng You might notice something different here. As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of Get price
MySteel Global
1 Chinese steel demand remained tepid over the past week. Mysteel's survey among the 237 trading houses across China showed that daily trading volume of construction steel including rebar, wire rod and bar-in-coil registered 208,831 tonnes/day on average over August 20-26, lower by 9,675 t/d or 4.3% from one week ago. Get price
Worldsteel releases 2015 map of Chinese steel mills
Worldsteel releases 2015 map of Chinese steel mills Large format poster or PDF shows steel production by company, product type and province. Subscribe September 1, 2015 RTGE Staff Ferrous International Recycling News The Brussels-based Get price
Chinese steel mills win domestic iron ore pricing in some
2018/1/25BHP Billiton has agreed with two leading Chinese steel mills to include the China-based Mysteel price index alongside the Platts index for contracts for the new fiscal year, two sources with direct knowledge of the matter said. Get price
2020 PREVIEW: Profitability to continue driving feedstock
In the near team, and as we have observed over the past few years, Chinese demand for coking coal (and especially so demand for imported material) correlates with iron ore procurement strategies. Those, in turn, are a function of operating margins at steel mills Get price
Government officials call for output control at Chinese
Steel mills must control their own production rhythm in accordance with the pace of China's economic development, he said. Officials from the industrial ministry, the market regulation administration and experts from the China Academy of Engineering also said that the fat profit margins enjoyed by the steel sector will not be seen in 2019 due to a supply glut and waning demand. Get price
Worldsteel releases 2015 map of Chinese steel mills
The Brussels-based World Steel Association (worldsteel) has published the 2015 edition of its map of Chinese mainland steel plants. The map is available for purchase as a large format wall poster or a PDF file on worldsteel. According to worldsteel, the map Get price
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