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  • Iron ore prices in China continue to fall sharply

    Date:2016-05-11      View(s):2160      Tag:iron ore, iron ore prices, iron ore prices in China

    Prices of ex-Australia iron ore of 62 percent Fe content for delivery to China's Qingdao port, which moved in the range of $59-66/mt CFR last week, have declined by $4/mt since last Friday, starting the current week at $55-55.5/mt CFR China. ...

  • US raw steel production up both week-by-week and year-by-year

    Date:2016-05-10      View(s):2110      Tag:steel production, US steel production

    According to the American Iron and Steel Institute, in the week ending May 7, 2016, US domestic raw steel production was 1,748,000 net tons while the capability utilization rate was 74.7 percent....

  • China’s finished steel exports up 7.6 percent

    Date:2016-05-09      View(s):2063      Tag:steel export, steel export in China, steel pipe export in China

    China’s finished steel exports up 7.6 percent...

  • Behind the steel prices increase in China

    Date:2016-04-07      View(s):2160      Tag:steel pirces increased, steel products prices increased in China

    Recently, the Chinese major steel market price for rebar has inreased a lot. The average price increased from 2460 RMB/TON to 2616 RMB/TON. ...

  • China-Russia Eastern Gas Pipeline Project

    Date:2016-04-06      View(s):2178      Tag:gas pipeline, gas pipeline project, China-Russia Gas Pipeline Project

    Recently, the China-Russia Eastern Gas Pipeline has preliminary reviewed the design by both China and Russia. Both China and Russia are agreed on the basic content. ...

  • Mexico established anti-dumping duties to welded steel pipe

    Date:2016-04-05      View(s):2787      Tag:welded steel pipe, anti-dumping for welded steel pipe, anti-dumbing for steel pipe in Mexico

    Mexico "Reform News", after two years of investigation, the Mexicon Ministry of Economy announced the decision to establish anti-dumping duties to the United States, Spain and Indian origin welded steel pipe. ...

  • Chinese Steel Export Forecast: February decline will continue to March 2016​

    Date:2016-03-12      View(s):2548      Tag:steel export, steel export in China, steel pipe export in China

    Influenced by the traditional Spring Festival Holiday, steel exports in Feb 2016 tend to be low in 2015. In Feb 2016, there is an obvious decrease compared with January.According to the domestic research in China, The steel products exported in Feb 2016 is apparent shrinkage compared with January 2016. ...

  • International Shipping Terminology

    Date:2016-02-18      View(s):2076      Tag:internatioanl shipping, internatioanal trading, shipping terminology

    International Shipping Terminology: Ex Works (EXW),Free Carrier (FCA),Carriage Paid To (CPT),Carriage and Insurance Paid To (CIP),Delivered at Terminal (DAT),Delivered at Place (DAP),Delivered Duty Paid (DDP) etc....

  • Steel Industry Overview On January 19

    Date:2016-01-18      View(s):2087      Tag:steel industry in China, domestic demand for steel pipes, steel pipe raw material price

    In December 2015, the national crude steel output was 2.076 million tons a day, fell 1.6%, crude steel production in December of 64.37 million tons, fell 5.2% year on year; ...

  • Reducing Production of Crude Steel is the positive signal for industry restructuring.

    Date:2016-01-08      View(s):2273      Tag:steel industry in China, steel pipe production, steel pipe price

    Overcapacity in the Chinese Steel Industry still exist, but the reducing production of crude steel seems to be the first ray of dawn for steel industry restructuring in China. ...

  • The Central Bank might Alter the Exchange Rate Intervention Strategies

    Date:2016-01-07      View(s):2237      Tag:industry news, steel industry

    In December, the foreign exchange reserves has declined $107.9 billion, the central bank might alter the exchange rate intervention strategies. Market rumors about the central bank in China is that the central bank might buy large amount of RMB from large state-owned banks to support the RMB market. ...

  • Chinese Steel Exports Breakthrough History Record

    Date:2016-01-04      View(s):2177      Tag:steel industry, steel exports in China

    Financial sector stocks: this year, China's steel exports reached a record level of more than 100 million tons, indicating that China relies on global sales to help to absorb excess capacity. ...

  • Using the Market to Solve the Overcapacity in the Steel Industry

    Date:2015-12-29      View(s):2263      Tag:steel industry overcapacity, steel pipe manufacturer, steel industry in China

    In Januaray, the senior leaders, Li Keqiang has stressed that, under the current overcapacity prescriptions in China, the government will forced to give full play role to the market mechanism....

  • Developing Steel Construction can Resolve the Overcapacity

    Date:2015-12-28      View(s):2332      Tag:steel construction, structural steel pipe manufacturer, structural steel pipe in China

    On Januaray 8th and 9th, The Committee of Steel Structure Experts in China has hold the annual meeting in Wuhan, Hubei Province. More than 200 steel structure experts get together and discussion the current steel industry in China. ...

  • Chinese Steel Export has reached 9.61 million tons in November.

    Date:2015-12-02      View(s):2261      Tag:steel pipe exporter, steel pipe manufacturer in China, carbon steel pipe exporter in China

    In November 2015, the Chinese Steel Export has reached 9.61 million tons, which shows a 1.1% of declining rate, according to the Chinese Customs Statistic Data. ...

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