-
China slaps new tariffs on 128 US products
China’s Ministry of Finance announced on Monday that China will suspend tariff reductions and impose duties of up to 25% on 128 goods imported from the US to balance the losses to its economy Beijing claims will result from Washington’s tariff hike on steel and aluminum.Read more -
China’s zinc ingot social inventory decreases slightly this week
According to Mysteel’s survey on Thursday, China’s zinc ingots social inventory of six districts was 50,200 tonnes, with a decrease of 2,100 tonnes over Monday and an increase of 1,300 tonnes over last Thursday. China Zinc Ingots Social Inventory in Major Markets (kt) Distri...Read more -
Exposition strengthens Belt and Road cooperation
A visitor learns about specialties exhibited at the Uzbekistan booth during the sixth Silk Road International Exposition in Xi’an, Northwest China’s Shaanxi province, Aug 14, 2022. [Photo/Xinhua] With a theme of strengthening interconnectivity and integration for common progress, shar...Read more -
CONF: Maximize scrap use for low-CO2 steel production
As the global steel industry advances low-carbon development, the maximum utilization of steel scrap will be the most practical approach to help reduce carbon emissions in the near- to medium-term future, suggests Zhong Shaoliang, chief representative of the Beijing office of the World Steel Asso...Read more -
China’s total crude steel output fell significantly during the first seven months of this year, down 6.4% on year to 609.3 million tonnes
China’s total crude steel output fell significantly during the first seven months of this year, down 6.4% on year to 609.3 million tonnes, according to the latest data released by the country’s National Bureau of Statistics on August 15. During July alone, China produced 81.4 million ...Read more -
NBS: China Jan-Oct steel output in on-year dip, down 0.7%
Over January-October, China’s crude steel output headed south from a 2% on-year rise until September, down 0.7% on year to 877.05 million tonnes, and that for October slumped on year for the fourth consecutive month since July, down 23.3% amid the series of ongoing curtailments on iron and ...Read more -
China’s lead prices drop on negative sentiment
Domestic lead prices across China declined for the second week over November 3-10, as falling prices of lead futures on the Shanghai Futures Exchange (SHFE) and anticipation of a supply recovery added to negative sentiment in the market, according to market sources. As of November 10, the nationa...Read more -
China’s Oct finished steel exports hit year’s low
China exported 4.5 million tonnes of finished steel products in October, down by another 423,000 tonnes or 8.6% on month and making for the lowest monthly total so far this year, according to the latest release by the country’s General Administration of Customs (GACC) on November 7. By Octo...Read more
