China would “strictly prohibit” any addition of steel producing capacity in 2018 as the government looks to achieve the upper end of its de-capacity target set out in the 13th five-year plan.
“Coal-free zone” and “clean bulk coals” reflect the coordinated work of fighting pollution in Beijing, Tianjin and Hebei region.
Nov 09 2017
China’s silicon metal exports rose during the first nine months of this year.
Oct 31 2017
China’s official manufacturing PMI was lower than previous figure and expected in October.
Ferrous metals mostly opened lower on October 30 and moved at lows for the whole day, closing with losses across the board.
Oct 30 2017
Profits at above-scale Chinese industrial enterprises rose 27.7% year-on-year in September, up from 24% in August.
Oct 27 2017
China completed 453.6 billion yuan of railway fixed asset investment during Jan.-Aug. this year, up 4.7% from a year ago, according to China Railway Corporation.
Oct 18 2017
Chinese yuan’s central parity rate fell sharply today.
In contrast, price in Shandong rises to the highest level across the country due to short supply and upcoming potential production limit during heating season.
Oct 13 2017
Global ship orders totaled 15.93 million CGT or 573 vessels during January-September this year, up 6.14 million CGT from a year ago.
Oct 12 2017
SMM surveys major Chinese producers in the base metals market every month to get first-hand production data. The following table shows the latest output in December and our forecast for January.
Copyright © 2018 SMM Inc. All rights reserved.