Downstream consumption drove up new orders for hot-rolled coil in April. However, there were few large orders as most buyers purchased on demand due to rising prices of raw materials this month
price review forecast
Galvanising plants across north China maintained normal operations and did not suspend operations in April as the weather held up
Zenith Steel is likely to cut production of its sintering machine by 50% after a provincial inspection team visited the Changzhou-based company on the morning of Wednesday April 25
To conduct month-long environmental inspections, three provincial inspection teams have settled in Changzhou, Huai'an, and Zhenjiang of Jiangsu province as of Tuesday April 24
Jiangsu province will undertake a month-long, joint environmental inspection across eight cities along the Yangtze River, from Tuesday April 24
Operating rates of independent electric arc furnaces (EAF) steel mills that only produce with EAFs, have climbed up steadily from March 2017 to reach a high of over 60% currently
Xuzhou city plans to lower the number of steel companies from 18 to fewer than 10 at the end of this year and to integrate them into a 'Xuzhou Iron & Steel Group' in three years
Average daily output of crude steel across 96 major Chinese steel mills during April 1-10 stood at 1.88 million mt, up 5% from the level seen during March 21-31, according to CISA.
The commissioning dates for the desulphurisation and denitrification facilities at silicon plants have been set in Dehong, Baoshan, and Nujiang, three major producing areas in Yunnan province.
A total of 73 vessels with 10.15 million mt of iron ore are expected to arrive at major Chinese ports during April 20 to 26.
Join us at SMM’s Asia Metals Seminar during LME Asia week, co-hosted with Hong Kong Exchanges and Clearing Limited (HKEX) and Bloomberg, on Tuesday May 15.
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