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CHINESE STEEL MILLS
Global Markets | Australian stocks recover as banks, miners advance on improved risk sentimentAustralian shares rebounded strongly, driven by gains in banks and miners, as positive developments in U.S.-Iran relations boosted investor...- Indian steel mills feel crunch from cheap Chinese importsIndia's construction boom, expected to increase steel sales, is facing setbacks due to cheap Chinese steel flooding the market. This has le...
- Evergrande saga may shorten the length of the ongoing steel upcycle: ICRA“With the Chinese property sector accounting for around 15% of global steel demand, the Evergrande saga may potentially shorten the length ...
- Competition between Indian, Chinese steel players to intensify in export markets: ICRAIn China -- the largest steel consuming country -- steelmakers could brace for an extended period of weak demand as the economy goes throug...
- Indian steel exports to see a jump as China withdraws export rebates: ICRA“Given the strong demand, export rebate cuts, the Chinese Government’s intent to keep steel capacities under check…China may not have exces...
- Spurt in global steel prices to boost export earnings of Indian firmsBenchmark prices of Chinese hot rolled coil (HRC) export offers rallied by over 30% between June and August 2017
- Iron ore's making a comebackThat's 1.5 yuan short of the year's highest close on April 21. Metal Bulletin prices for 62% ore have gained every day this week.
- MMTC to supply iron ore to Japan Mills, Posco for 3 more yearsThe government on Thursday gave the nod for state-owned MMTC to extend its longterm agreements for supply of iron ore to Japanese Steel Mil...
- MMTC to supply iron ore to Japan mills, Posco for 3 more yearsThe government on Thursday gave the nod for MMTC to extend its supply of iron ore to JSMs, Posco and Chinese steel mills for three more yea...
- Global iron ore prices tick up $6-8 per tonneGlobal iron ore spot prices have suddenly spiked by about $6-8 per tonne on the back of buying by Chinese steel mills. Spot prices are trad...
- Corus to use full capacity by fiscal-endTata Steel said its European subsidiary Corus will be able to meet full capacity utilisation by the end of the current fiscal, riding on re...
- Major bribery alleged in Rio Tinto caseA government-owned newspaper alleged on Wednesday that executives from all 16 Chinese steel mills participating in iron ore price talks thi...
- Chinese threat to Indian steel mills seems realThe Indian steel industry, which is currently bearing the twin impact of a sharp fall in demand and a cut in production, could likely face ...
- NMDC seeks up to 97pc jump in iron ore prices from int playersNMDC is seeking up to 97 pc increase in iron ore prices from foreign steel makers, a move that could have similar repercussions on the dome...
- Two Chinese steel cos merge to form world's 5th-largest producerTwo Chinese steel companies merged on Monday to form the world's fifth largest producer.
- Some China steel mills' coke, coal stocks critical:CISAPower and transport outages due to snow have reduced coal and coke stocks at some Chinese steel mills to critical levels of less than 3 day...
- Indian iron ore export prices to China drop by 6 pcPrices of Indian iron ore export to China have dropped by 6 per cent to about $188-192 per tonne during the week ended December 6, owing to...
- China steel company eye M&As to growMarket forces could finally achieve what Beijing’s mandarins couldn’t - force consolidation in China’s booming steel sector.
- China turns to India for iron ore as freight rates soarFreight rates for dry bulk cargo from Brazil to China climbed close to $40 a tonne from around $20 in June, raising landed costs for Brazil...
- PSL taps China's Wisco to set up steel pipe millPSL, one of the major steel pipe manufacturers in the country, is in talks with China’s second largest steel producer Wuhan Iron and Steel ...
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