Iron ore price rises as output in Chinese steel mills hits highest since October 2020

Mining News Pro - Iron ore prices rose on Thursday helped by higher hot metal output data in China.

Chinese Steel Manufacturers On The Brink Of Bankruptcy

Mining News Pro - Is it all doom and gloom for Chinese steel manufacturing? It’s hard to tell at the moment. Indeed, China finds itself in a precarious place financially. What’s more, a sizable section of global financial and stock analysts have predicted the crises will only get worse as the country prepares to face its toughest winter yet.

Iron ore price rises as Chinese steel mills ramp up output

Mining News Pro - The iron ore price rose on Thursday, as Chinese steel mills boosted production.

Iron ore price slips as Chinese steelmakers face margin pressure

Mining News Pro - The iron ore price fell on Wednesday as reduced profitability at Chinese steel mills following a recent rally in prices of steelmaking ingredients weighed on sentiment.

Iron ore price lowest since September on Chinese steel curbs

Mining News Pro - Iron ore price slipped on Monday due to sluggish demand at steel mills stemming from Chinese mandated output cuts, while Beijing’s coal price controls also weighed on sentiment.

Iron ore price craters on Chinese steel output cuts

Mining News Pro - Iron ore prices tumbled on Friday, collapsing under the weight of China’s resolve to reduce steel output in line with its decarbonization drive, and slowing domestic demand for the construction and manufacturing material.

Iron ore price in full retreat as Chinese steel starts to pile up

Mining News Pro - Iron ore prices fell back on Tuesday after data showed five straight weeks of lower production by Chinese steel mills, which forge more crude steel than the rest of the world combined.

Fortescue optimistic about Chinese steel recovery

Mining News Pro - Fortescue Metals Group chief executive Elizabeth Gaines is confident that Chinese steel demand will support Australia’s recovery from the coronavirus pandemic.

Chinese Steel Market Highlights

Mining News Pro - Market sentiments in the Chinese steel market were bolstered by the gains in futures followed by the government’s efforts to thrust the recovery of the steel demand.

Weekly: Chinese Steel Market Highlights

Mining News Pro - This week Chinese steel prices exhibited optimistic market sentiments with improvement in steel prices amid measures taken by the government to push buying activities in both domestic and export markets. HRC and rebar export offers remained stable. Domestic billet prices gained momentum. Iron ore prices moved up amid measures adopted by the Chinese government. However, coking coal offers inched down on a weekly basis.

Chinese Steel Market Prices This Week

Mining News Pro - This week Chinese steel market showed signs of improvement with the gradual resumption of steelmakers to market post Coronavirus outbreak.

Fresh high for iron ore price as Chinese steel breaks records

Mining News Pro - Benchmark iron ore prices climbed on Friday after economic data showed the country’s steelmakers produced just shy of 1 billion tonnes in 2019, the second record-breaking year in a row.

A Chinese steel giant is upsetting the global nickel market

Mining News Pro - Behind one of China’s biggest industrial companies is a husband and wife team that reinvented how to make stainless steel.

Chinese Steel Market Highlights -Week 46, 2018

Mining News Pro - This week Chinese steel prices witnessed significant drop amid volatility in futures along with bearish market sentiments prevailing in domestic market.Thus pessimistic outlook in domestic market leads to lower export offers from China.

Chinese Steel Market Highlights: Week 45, 2018

Mining News Pro - This week Chinese steel market observed decline in steel prices in domestic as well as overseas market. However spot iron ore fines price moved up on supply concerns amid rail derailments.

Fortescue signs eight agreements with Chinese steel mills

Mining News Pro - Fortescue has secured eight memoranda of understanding (MOUs) with major Chinese steel mills during the inaugural China International Import Expo (CIIE).

Chinese Steel Market Highlights - Week 43, 2018

Mining News Pro - This week Chinese steel market was consumed with mixed sentiments as nation witnessed drop in flat steel prices but hike in rebar prices over gains in domestic market.

Chinese Steel Market Highlights - Week 42, 2018

Mining News Pro - Spot iron ore fines prices moved up on weekly basis, demand for pellets remained on lower side resulting in reduction in sharp decline of USD 10.5/MT in spot pellet premium.

Chinese Steel Market Highlights - Week 41,2018

Mining News Pro - This week Chinese steel prices witness gains in domestic market post golden week holidays.However export offers continued to remain on lower side.Flat steel and rebar export offers remain steady over dull trades.Coking coal offers inch up on weekly basis.

Chinese Steel Market Highlights - Week 39, 2018

Mining News Pro - This week Chinese steel market witnessed slowdown in trades and downtrend in domestic steel prices amid bearish sentiments prevailing in domestic market ahead of National day holiday.

How will be the Impact of Chinese Steel Production Cuts in CY18 ?

Mining News Pro - Positive news again falls on electric furnace plus possible production limit in East China, promising outlook on steel scrap can be expected

Is Mega Merger on its Way in Chinese Steel Sector?

Mining News Pro - According to the latest reports, China’s steel giant Baowau Steel Group is in talks to acquire its rival Magang Group which would ultimately result in the creation of a steel conglomerate whose steel output will stand very close to that of the world’s top-ranked steel producer ArcelorMittal.

Chinese Steel Market Highlights - Week 38, 2018

Mining News Pro - This week Chinese steel market consumed with bearish sentiments as China’s Tangshan government released document announcing that categorized mills into four categories

Chinese Steel Market Highlights - Week 37, 2018

Mining News Pro - This week Chinese steel market was abuzz with news that winter production cuts will be in terms of emissions rather than in terms of production cuts. However no official announcement has been released yet.

Chinese Steel Market Highlights - Week 36, 2018

Mining News Pro - This week Chinese steel prices showed uptrend amid shortage of inventory in domestic market. Recent production cuts in China’s major steel making hub Tangshan city have started from 6th Sep’18 onwards. Meanwhile export offers remain largely stable over sluggish demand from overseas buyers.

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