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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

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According to Hebei Daily, recently, Shanghai University and Changli County Dongwen Precise Machine Parts Co., Ltd. jointly completed the first development test of hydrogen-enriched smelting technology of blast furnace with pure hydrogen as blowing gas source in China.

Mar 25, 2022 17:05

Industry

Development Test of Hydrogen-enriched Smelting Technology of Blast Furnace was Completed in Changli, Hebei

China Rebar Stocks Up 2.7% on Week

The total inventory of rebar across social warehouses and steel makers in China stood at 12.57 million mt as of March 3, up 333,200 mt or 2.7% on the week, but down 5.13 million mt or 29% from the same period last lunar year.

Mar 3, 2022 16:27

Analysis

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

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

NDRC Held A Special Meeting to Study the Prevention of Excessive Hoarding of Iron Ore

Currently, the iron ore prices have been rising rapidly in contrary to the background that the supply and demand in the iron ore market has been stable and the port inventory has also been at a high level.

Feb 23, 2022 16:11

Industry

NDRC Held A Special Meeting to Study the Prevention of Excessive Hoarding of Iron Ore

NDRC: To Guarantee Supply and Maintain Stable Prices of Important Raw Materials and Primary Products such as Iron Ore and Fertilizers

On February 18, the National Development and Reform Commission and other 11 central departments jointly issued a notice on a series of policies to promote stable growth of industrial economy.

Feb 18, 2022 15:39

Industry

NDRC: To Guarantee Supply and Maintain Stable Prices of Important Raw Materials and Primary Products such as Iron Ore and Fertilizers

Why Iron Ore Prices Surged 9%?

The profits at steel mills increased, boosting the demand for iron ore. Besides, real estate credit policy may marginally loosen, boosting market sentiment and pushing up steel prices. Iron ore futures have risen for several days. China's central bank, the People's Bank of China, will cut the reserve requirement ratio by 0.5 percentage point. Government also released the signal of “stabilising the real estate industry”. Iron ore prices surged 8.66% yesterday supported by multiple factors.

Dec 8, 2021 11:31

SMM Comments SMM Insight

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 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

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Ferrous Metals Dropped More Deeply

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SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025