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The domestic scrap steel market is running strongly.

2022 - 08 - 17

China Metallurgical News (August 17, 2022 06th edition 6th edition)Information Statistics Department of China Scrap Iron and Steel Application AssociationLast week, the domestic scrap steel market operated strongly, the market mentality improved slightly, and the arrival of steel mills improved, but due to the hot and rainy weather, the base's receipt was generally low. Compared with the previ...
The U.S. Department of Energy has awarded about $3.46 million to promote research on carbon dioxide

2022 - 07 - 05

Source：(Kang Bin) China Metallurgical News (2nd edition, July 01, 2022)On June 22, the U.S. Department of Energy's National Energy Technology Laboratory decided to invest approximately $3.46 million in research and development funds to conduct front-end engineering research on carbon dioxide removal and utilization technologies at the Gary plant of U.S. Steel in Indiana. The study will focus o...
Argentina issues final anti-dumping ruling on Chinese steel doors

2022 - 06 - 02

Source: Ministry of Commerce Website Editor: Wen XiaoxiaOn May 31, 2022, the Ministry of Production and Development of Argentina issued Announcement No. 465 of 2022, making a final affirmative anti-dumping ruling on steel doors originating in China, and decided to impose 116% on the products involved based on the declared free on board (FOB) price. anti-dumping duties. The products involved are st...
National Health Commission: The local epidemic has spread more, and the scope of coverage has been …

2022 - 04 - 01

Source: Cailian News AgencyOn the afternoon of April 1, the joint prevention and control mechanism of the State Council held a press conference. At the meeting, Mi Feng, a spokesman for the National Health Commission, said that in March, the global epidemic was still in the stage of a pandemic, and the epidemic situation in neighboring countries and regions was out. New local confirmed cases ...
The World Bank warns that the Russian-Ukrainian crisis will hit the global economy. Institutions: Gl

2022 - 03 - 04

Source：My steel As the impact of the Russian-Ukrainian crisis continues to penetrate into all aspects of the economy, more and more political and economic officials and industry institutions are warning that the conflict may hit the global economy hard.David Malpass, President of the World Bank, recently warned to the British media: 'I think it's too early to say whether the war in Uk...

Fe Limited becomes Australia's latest iron ore exporter

2021 - 10 - 11

Source: http://www.gtgqw.com Gangyi.comFe Limited (hereinafter referred to as Fe) celebrates its becoming Australia's latest iron ore exporter. Fe's stock price did not rise on the same day, but fell 4.44%, returning to the stock price at the beginning of the year, with a market value of 3800 million Australian dollars. However, the company's stock price still rose by 95% in a year. The emerging iron ore producer launched its first batch of high-grade iron ore from Geralton Port on October 2, which contains 60500 wet metric tons of massive iron ore products from the JD project. MV Bison sailed with these iron ore to a leading Southeast Asian steel mill, in which 50000 dry metric tons (dmt) products were hedged at 62% of the iron index price, with a net price of $160 per dr...

BLOG: Highlights of China's raw material markets in 2020

2021 - 09 - 08

ABSTRACTNo one would have expected the steelmaking raw materials prices including iron ore, coke and scrap to have attempted multi-year highs in December, a usual off season for steel consumption and production, but the year 2020 had been proven anything but normal, and many iron ore traders ended their 2020 in frustration, as iron ore prices shot up for seemingly no reason at all.Source: World Steel Association1. China’s blast furnace capacity utilization at record high China’s steel producers have been overall operating nonstop throughout 2020 even in the pandemic-struck months, and they ramped up their output fast starting March on the resumption of the economic and industrial activities. Starting late May, the blast furnace capacity utilization rate among China’s 247 ste...

Domestic scrap prices were mixed (July 31 to August 6)

2021 - 08 - 11

Editor: Song YuzhengSource: China Metallurgical News - China Iron & Steel News NetworkChina Scrap iron and Steel Application Association Information statistics DepartmentLast week, domestic scrap prices are mixed, businesses slightly adjust prices and wait, mentality is still stable, some steel mills have increased the arrival of goods, but no intention of hoarding.Key steel enterprises scrap average purchase price compared with the previous week, heavy scrap prices increased by 3 yuan/ton, medium scrap prices increased by 5 yuan/ton, bulk scrap prices increased by 17 yuan/ton.Last week, the period of the snail market shock adjustment, under the production limit support steel price will be strong, market sentiment turned for the better, but the actual transaction is general. Affected b...

Editorial | The party flag is all refined into steel.

2021 - 07 - 06

Source: China Metallurgy News - China Iron and Steel NewsParty flag refers to the high head of the mountain, the sea Yang wave, the Chinese earth is full of hope in the Zhaohui. In this glorious day, we ushered in the centenary birthday of the Communist Party of China, let us say from the bottom of my heart: my dear party, happy birthday! Over the past hundred years, under the wise leadership of the Communist Party of China, the iron and steel industry has seen real gold through fire. You don't see, when the red boat set sail, when the great call - 'struggle for industrial China' history will prove that the construction of Baosteel is right 'green water and green mountains are gold and silver mountains', iron and steel industry is always striving for the first row, prac...

June 3 steel market morning paper

2021 - 06 - 03

Source: Saddle ridge information[Futures Market Analysis][Phase snail] 10 night closed at 5033, down 28 or 0.55%. Wing on in 10 - about to hold a clearance of about 20,000 hands; Yesterday the shipment of finished timber decreased significantly; Raw material, yesterday Tangshan billet fell 30, the first round of coke landing, short - term weak, iron ore spot strong. Heavy rain continued to depress demand in southern China today. In the feeding period, the screw maintains shock, support 4960, pressure 5100.[Steel market trends]Ore: 3 days iron ore spot offer is expected to rise 5-10 yuan. The S&P 500 was up 35 cents at $209.45 last night. The monthly average is $209.28. Due to the steel market is not good, the uncertainty of demand, the port is not active, although the mine price i...

Walk out a development road with the characteristics of pangang

2021 - 05 - 12

Source: China Metallurgy News - China Iron and Steel NewsOn April 29th, the general manager of angang group dai zhihao, who made a survey in pangang, went deep into xichang vanadium steel to understand the production and operation situation, and listened to the digitization and intelligentization work report of pangang. Dai Zhihao stressed that to thoroughly study and apply xi general secretary of the important speech and instructions instructions spirit, fully understand the development situation, eyes do their own work, to continually improve panxi vanadium titanium magnetite smelting capacity, accelerate the digitization, intelligent work, out of a road to development with the characteristic of pangang, the realization from pursued beyond the 'idea'.Duan Xiangdong, Member of the...

China Iron and Steel Development Forum held

2021 - 04 - 07

Source: People's DailyA few days ago, the 2021 (12th) China Iron and Steel Development Forum was held in Beijing. At the meeting, Yin Ruiyu, an academician of the Chinese Academy of Engineering, said that after decades of development and progress, China's steel industry per ton of steel energy consumption and carbon emissions have been in the international advanced level, but because of the huge crude steel production, the total carbon emissions of the industry is still large. Li Gao, director of the Department of Climate Change under the Ministry of Ecology and Environment, called on the steel industry, as an important supporting industry for China's economic development and a key industry for carbon emissions, to strengthen the consensus on carbon emission reduction, transfor...

The steel market will fluctuate upwards for a long time, and there will be adjustment pressure in th

2021 - 03 - 23

Source: China Metallurgical NewsWith the introduction of carbon peak and carbon neutral targets, environmental protection and production restrictions throughout the country have continued to increase. Guo Xiaoliang, assistant to the general manager of Delong Steel, is deeply touched by this. On March 19, Guo Xiaoliang said in an interview with a reporter from China Metallurgical News: 'In 2021, the production restriction policy in Tangshan and even the entire Hebei area has become stricter and stricter. From the initial stage of production reduction, production restriction, and production suspension, Up to now, some blast furnaces have been shut down and dismantled, and the implementation of the production restriction policy has continued to increase, and the actual implementation has ...

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The national construction steel market is still in the active stage of destocking

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