The Main Plant Area of Panzhihua Iron and Steel Company The steel industry of the People''s Republic of China, initially small and hindered by war, expanded rapidly following market reforms in 1978, eventually becoming the world''s largest producer. Despite this growth, the industry faced challenges with high debt, market volatility, and environmental pressures. Rising exports from …
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Chinese rebar steel futures rose for a fourth straight day on Thursday amid Beijing''s campaign to shave excess steel production capacity, helping stretch gains in raw material iron ore. The rally in both commodities extended last year''s surge that came after years of losses, with analysts saying steel prices may remain strong as China''s resolve to address overcapacity tightens supply. …
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2010114· Steel prices in China fell slightly this week as buyers mulled the impact of tighter monetary policy on demand from the property market, traders and analysts said.
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The recent run up in interest rates has squeezed credit availability in China. Asian-based iron ore traders told Argus that the squeeze in credit availability was leading to the cancellation of some transactions after expected credit was withdrawn. It was …
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4 · CISA: Supply remains the decisive factor in steel price trends China''s steel prices are primarily driven by supply-side dynamics amid weakening demand for finished steel and sufficient supply of steelmaking raw materials, according to the latest monthly report of the China Iron & Steel Association (CISA).
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2025226· Iron ore futures prices weakened for a third consecutive session on Wednesday, weighed down by dour outlook for Chinese steel exports and …
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202534· BEIJING (Reuters) - China will restructure its giant steel industry through output cuts, although it did not announce any target in its most recent intervention to address overcapacity in the
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The recent run up in interest rates has squeezed credit availability in China. Asian-based iron ore traders told Argus that the squeeze in credit availability was leading to the cancellation of some transactions after expected credit was withdrawn. It was …
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Market forces could finally achieve what Beijing''s mandarins couldn''t -- force consolidation in China''s booming steel sector.
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BEIJING - China''s steelmakers lost steam and fell back into losses in the first quarter as the economy decelerated, according to the latest data provided by the country''s top economic planner on Monday. Major steel-making companies posted a combined loss of 1.03 billion yuan ($165 million) in the first three months, marking a quarterly loss for the first time in a decade, the …
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2 · Get top news and insights on China''s Ferrous markets from Mysteel''s 3,000+ on-the-ground data and news reporters. Gain unparalleled clarity into this opaque market.
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202513· U.S. Steel (X) faces financial challenges amid blocked merger and declining steel prices, raising concerns about long-term survival. Read my analysis here.
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2014224· Chinese steel mills credit woes have further depressed domestic silicomanganese prices, market sources said Monday.
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Chinese steel companies, the world’s largest, helped drive a regional industry benchmark index to a seven-month low as concern builds that some mills face financial difficulty amid a …
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Higher trucking costs and metallurgical coke prices have erased margins for construction steel in China, but first-half profits are giving steel mills a cushion to keep output running.
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China steel mill boss detained for pollution offences - state media Reuters 2,189d
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China’s economy showed its first big signs of damage from the trade war, as steep U.S. tariffs pummeled export orders and production at the country’s factories. A gauge of new export orders
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929· China''s steelmaking industry is facing disruption from widespread power rationing, with production of long steel currently more impacted than flat steel -- but a much wider impact on manufacturing is set to rapidly squeeze demand for flat steel in the near term. The country''s power crunch has rippled across provinces and regions due to a shortage of thermal …
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China’s economy showed its first big signs of damage from the trade war, as steep U.S. tariffs pummeled export orders and production at the country’s factories. A gauge of new export orders
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202558· Steelmakers in China rushed to ship steel out early this year before they were hit by a wave of tariffs and a plunge in orders. This file …
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2014311· In a move that could further erode Australian mineral exports to China, the government there says it is preparing to cut off credit to under-performing steel mills in the hope that they will close
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20241025· # Cold winter for the steel industry: Many steel mills shut down, and the price drop sends a signal Description: Against the backdrop of global economic fluctuations, China''s …
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Higher trucking costs and metallurgical coke prices have erased margins for construction steel in China, but first-half profits are giving steel mills a cushion to keep output running.
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20241023· As China''s steel industry and economy continue to resist stimulus, many organizations - including the WSA - are betting on India.
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202534· BEIJING (Reuters) - China will restructure its giant steel industry through output cuts, although it did not announce any target in its most recent intervention to address overcapacity in the
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517· The COVID-related restrictions on goods transportation and manufacturing operations, plus the heavy rainfalls in southern areas of China, have impacted steel demand and weakened steel market sentiment, undermining domestic steel prices too, a Shanghai-based market watcher explained.
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China steel mill boss detained for pollution offences - state media Reuters 2,189d
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