China’s steel product imports grow, exports shrink in Apr

On March 11, Huang Runqiu, Minister of the Ministry of Ecology and Environment visited Tangshan City in Hebei Province to inspect the implementation of emergency emission reduction measures for heavy pollution weather in steel enterprises.

The merger of Shandong Iron and Steel Group into Baowu Group has entered a substantive stage, and it is expected that there may be official news after CNY. The merger of Shandong Iron & Steel Group will lay a solid foundation for Baowu Group's capacity expansion in the north.

China's imports of cobalt raw materials, including ore and intermediate products, came in at 8,000 mt in January, down 25% from December, showed the latest customs data. Imports in 2019 were 24%...

The imports in December exceeded that in November to the highest monthly level since September 2018

Social stocks fell 2% from a week earlier to stand at 2.32 million mt as of Sep 12

This followed after shipment recovery from typhoon boosted the arrivals two weeks ago

In Shanxi, Liheng will halve production by suspending two blast furnaces

This may weigh on steel supplies in the weeks ahead

Exports in H1 expanded 10% from a year ago and stood at 2.98 million mt

The decline came after exports gained 92.2% month on month in Mar