Baosteel Co., Ltd.: Current iron ore prices are deviated from fundamentals
Baosteel Co., Ltd. said on an interactive platform on November 21 that the company believes that the current iron ore ...
Tag: China
China’s October Coal Import Data
The latest data from the General Administration of Customs shows that in October 2023, China imported 26.49 million tons of ...
China’s HRC price reaches 3-month high
China's national price of Q235 4.75mm hot-rolled coil (HRC) was assessed by Mysteel at Yuan 4,023/tonne ($560.5/t) including the 13% ...
China’s BF capacity use falls 3rd week to 88.01%
The blast furnace (BF) capacity utilization rate among 247 Chinese steel producers under Mysteel's regular survey had slipped for the ...
China’s steel demand
China's consumption of finished steel will decline slightly this year compared with 2022, with the small increase in manufacturing sector ...
Death toll in China coal firm office rises to 26; at least 38 injured
A fire that erupted in the office of a coal company in northern China has killed 26 people, state media ...
China’s national production of coke, crude steel, pig iron, and steel continued to show YoY growth
Data from China's National Bureau of Statistics show that from January to October 2023, national coke, crude steel, pig iron ...
China BF mills lose more money on steel sales in Oct
Last month, the average loss on rebar sales among the sampled mills was Yuan 136/tonne ($18.7/t), easing by Yuan 16/t ...
Iron ore extends rally on China property sector optimism
Iron ore futures extended gains into a fourth straight session on Monday, buoyed by optimism over Chinese propertysector-related stimulus and ...
Global steel consumption likely to remain stable
While China’s steel consumption has been on the decline since 2021, global steel consumption has remained stable, supported by the ...
