Industry News
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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