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China Steel to Cut July August Local Prices

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China Steel Corp. Cuts Prices for First Time in Six Months .

China Steel Corp. said Wednesday it will cut domestic product prices for the first time in six months, citing falling raw material costs and sluggish regional demand, the Wall Street Journal reported.

Latest Free Steel Pric

Note: Indian domestic steel transaction prices relate to those agreed by steelmakers and service centres for prime material in the specified products. The prices are for regular business transactions between customers and their local steel mills, negotiated during the current month for delivery in the future.

China steel prices lowest in over 20 years, squeezing .

SHANGHAI, July 7 (Reuters) - Chinese steel prices are at their lowest in more than 20 years as demand in the world’s top producer wanes, industry data shows, and some analysts say the free-fall ...

China Cuts Overproduction Dramatically – Asia Sentin

China’s government moved dramatically in 2016 to cut bloated overproduction that threatened global supply and prices, chopping 65 million tonnes of steel production and 290 million tonnes of coal capacity, according to a new report by the Swiss investment bank UBS, and is expected to meet or exceed similar targets by the time figures are totaled in 2017.

Steelmakers cut manganese purchasing prices in Aug tenders .

South Korean steelmaker, Pohang Iron and Steel Company (POSCO), also cut its manganese flake purchasing prices, to $1,859-1,868/mt on a cif basis in the tender for August. This was down $9-18/mt from the July tender, with procurement volume shrinking 95 mt to stand at 3,990 mt. Deliveries should be made before August 10.

Chinese steel production to slow sharply in 2018 .

China’s steel production growth is expected to slow sharply in 2018 as state-mandated factory closures and policies to protect the environment begin to bite. The world’s largest producer of ...

China Propels Global Crude Steel Production in Octob

Global crude steel production expanded at solid pace in October on the back of a surge in output in China – the world's biggest steel maker – according to a World Steel Association ("WSA") report.

China Steel to cut Oct-Nov prices about avg 5 pct - Reute

China Steel <2002.TW>, Taiwan's top steel maker, said on Wednesday that it will slash its average domestic prices by an average 5 percent for October-November versus September.

Chinese stocks are down, but steel prices tell different .

Steel prices, on the other hand, are what actually reflect the current state of the economy, while stocks represent market sentiment on the growth outlook, said Larry Hu, head of greater China ...

Steelguru:Resource for Iron and Steel News, Steel price .

SteelGuru.com is the best resource for Steel News, Metal/Mining News, Coal/Power News, gas-oil News, infrastructure/logistics news, automobile news and provides historical data for Raw Materials ...

scrapregister - Scrap Metal Pric

China increases Steel Scrap usage by 14.1% in Q1 2019: report. Aug 02 2019 05:39 PM BIR noted that in the first three months of 2019, steel scrap usage for crude steel production also increased in the EU-28 (up 2.3% to 23.96 million tonnes), the US (up 5.2% to 12 million tonnes), Rus

Asian Metal - The World Metal Information Cent

Asian Metal, with its deep knowledge of steel and metals market as well as close collaboration with producers, traders, and end-users, releases contract prices of steel and metals on a daily basis in major markets covering China, India, and other Asian countries, Europe and extending to Russia, US and south American countries.

Mysteel Global | Prices, Data & News from the Chinese .

In 2017, China accounted for 49.7% of global crude steel output - more than 10 times as produced by the USA. With the country exporting 75.4 million tonnes last year, China's steel production has a material impact on most major consuming regions across the world.

China News - China Dai

China Daily news, China news, China breaking news, China economy, China culture, China political leaders, the Chinese government, life in China ... Getting my first hair cut in Ningbo. Young China ...

Latest Free Steel Pric

Note: Indian domestic steel transaction prices relate to those agreed by steelmakers and service centres for prime material in the specified products. The prices are for regular business transactions between customers and their local steel mills, negotiated during the current month for delivery in the future.

China Cuts Overproduction Dramatically – Asia Sentin

China’s government moved dramatically in 2016 to cut bloated overproduction that threatened global supply and prices, chopping 65 million tonnes of steel production and 290 million tonnes of coal capacity, according to a new report by the Swiss investment bank UBS, and is expected to meet or exceed similar targets by the time figures are totaled in 2017.

Don't hold your breath — 2+42 Chinese steel-producing .

On July 20, Tangshan, the steelmaking hub in northern China’s Hebei province, turned up the heat on pollutant industries by imposing a 43-day output cut on local blast furnaces. In parallel, Chinese authorities are removing a further 30 million mt/year of crude steel capacity.

Price Index-Custeel.net| China Steel, Raw Materials, Non .

CRU: India Faces Iron Ore Shortage with Mine Auctions on the Horizon Rio Tinto to Become World's Largest Iron Ore Exporter, Time to Buy Shares? Iron Ore Price Paints over Less Than Glossy News from Rio and BHP Rio Tinto Set to Cash in on Surging Iron Ore Price BHP Hits Fiscal 2018-19 Iron Ore Production Guidance, Misses Met Coal

China plans fresh crackdown on Tangshan steel production .

China is planning a new crackdown on steel production in the north-eastern city of Tangshan in a bid to prevent false reporting of mill closures by local governments reluctant to obey shutdown orders.

Steel Prices - mesteel.c

1st July 2019 - Import Steel Prices: US$ /Ton CFR Jebel Ali. Countries of Origin. Graph. Billets - Blooms: 450 - 460. Various: ... Steel Prices: Indexes, Studies & Forecast - German Steel Scrap Prices - LME Steel Scrap Prices - LME Steel Rebar Prices - LME Steel HRC FOB China Prices - LME Steel HRC N. America Prices - World Carbon Steel Product ...

Overview of steel and iron market – 2018 | Moscow, 20

across China, thus becoming one of the key factors behind increased steel prices in 2017. Figure 1. Global steel output since 2010 Asia. ... resulting in local producers regaining their market shares. In addition, overall output in the region was further reduced as Japan cut its production ... January February March April May June July August ...