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Home / Metal News / Ferrous Metals Dropped More Deeply

Ferrous Metals Dropped More Deeply

Sep 15, 2017 11:04

Source:SMM

Ferrous metals prices extend Losses.

SHANGHAI, Sept. 15 (SMM) - Ferrous metals prices extend Losses.

NBS: China 10 Nonferrous Metals Output Falls in August

The most active contracts on DCE coking coal plunged over 4%; DCE iron ore fell nearly 3%; DCE coke dropped over 2%.

Climate Index for China Nonferrous Metals Industry Down in August

SHFE rebar, SHFE hot-rolled coil and ZCE coal declined over 1%.

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Ferrous Metals

Metal Prices

coking coal

coke

iron ore

rebar

For queries, please contact William Gu at williamgu@smm.cn

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On February 27, US, the European Union, Britain, and Canada issued a joint statement announcing the latest sanctions against Russia, prohibiting Russia from using the "Society for Worldwide Interbank Financial Telecommunication" payment system (SWIFT). SWIFT is the safest, most convenient and most important cross-border payment system in the world, with about 11,000 members, including nearly 300 Russian banks.

Mar 2, 2022 10:45

SMM Insight

Coke Prices in China May Keep Surging after SWIFT Is Banned in Russia

Coking Coal and Coke Prices Plummeted in Late November

According to data from the National Bureau of Statistics (NBS), among the 50 important means of production in 9 categories in the national circulation field, the market prices of 16 kinds of products rose in late November 2021 compared with mid-November, the prices of 29 kinds declined, and those of five kinds remained flat.

Dec 6, 2021 15:55

Industry

Coking Coal and Coke Prices Plummeted in Late November

China Rebar Inventory Down 5.9% on Week

The inventory of rebar across Chinese steel makers and social warehouses stood at 6.84 million mt as of November 25, down 426,800 mt or 5.9% from a week ago. Stocks are up 344,000 mt or 5.3% from a year earlier.

Nov 25, 2021 15:55

Analysis

China Coking Coal and Coke Prices Fell 19.8% and 16.8% in Mid-November

According to data from the National Bureau of Statistics (NBS), among the 50 important means of production in 9 categories in the national circulation field, the market prices of 14 kinds of products increased in mid-November 2021 compared with early November, the prices of 35 kinds decreased, and those of one kind remained flat.

Nov 24, 2021 10:46

Industry

China Rebar Inventory Shrank 261,800 mt on Week

The inventory of rebar across Chinese steel makers and social warehouses stood at 7.64 million mt as of November 11, down 261,800 mt or 3.3% from a week earlier. Stocks are 90,900 mt or 1.2% higher from a year earlier.

Nov 12, 2021 14:13

Analysis

China Rebar Inventory Shrank 261,800 mt on Week

Some Mills in Shanxi Started the Third Round of Price Cuts of Coke by 200 yuan/mt

Some coking plants resumed production to some extent as the dual control has been loosened and the overall operating rates of coke oven rose slightly. The transportation of coke has been restricted by snowstorms in north China, resulting an increase in the inventory at plants.

Nov 9, 2021 17:49

SMM Comments

Some Mills in Shanxi Started the Third Round of Price Cuts of Coke by 200 yuan/mt

BHP Withdraws Further From Fossil Fuels and Sells Controlling Stake in Two Coal Mines for $1.35 Billion

BHP Group, the world's largest mining company, is further withdrawing from the field of fossil fuels. The mining company said on Monday that it will sell the controlling stake in the two metallurgical coal mines to Stanmore Resources Ltd. for a price of up to $1.35 billion, thereby shifting its business focus to high-quality coal.

Nov 9, 2021 10:54

Industry

BHP Withdraws Further From Fossil Fuels and Sells Controlling Stake in Two Coal Mines for $1.35 Billion

China Rebar Inventory Shrank 36,400 mt on Week

The inventory of rebar across Chinese steel makers and social warehouses stood at 7.9 million mt as of November 4, down 36,400 mt or 0.5% from a week earlier. Stocks are down 569,700 mt or 6.7% from a year earlier.

Nov 5, 2021 11:00

Analysis

China Rebar Inventory Shrank 36,400 mt on Week

SMM Analysis: Coke Futures Plummeted, but the Spot Fundamentals Remained Strong

On the supply side, the regional supply of coke has decreased, and the production limit in Shandong remained at 70%-80%. While the supply was still low in Hebei due to environmental protection inspections.

Nov 1, 2021 15:32

SMM Insight

SMM Analysis: Coke Futures Plummeted, but the Spot Fundamentals Remained Strong

Shanxi to Shut Down the 4.3 Metre Coke Ovens Involving Capacity of 3.2 Million mt

Due to the environmental protection regulation, the production restrictions are tightening for some companies in Shanxi. Some coking companies in Fenyang city have been required to shut down some 4.3-metre coke ovens before November 10, which involve a production capacity of 3.2 million mt.

Oct 27, 2021 15:28

Industry

Shanxi to Shut Down the 4.3 Metre Coke Ovens Involving Capacity of 3.2 Million mt

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Ferrous Metals Dropped More Deeply

SMM Events & Webinars

APAC (9th) Stainless Steel Industry Conference 2024

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage