Steel demand articles & resources on Made-in-China.com

China Is Facing Growth Deceleration

Dec 12, 2016

A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...

Tags: Chinese economy, global economy

Steel Prices Increased Starting in March of 2016

May 15, 2016

China still faces severe steel oversupply, and a recent price surge is only due to temporary market expectations, a senior official said on Thursday. Steel prices increased significantly starting in March and declined mildly in May, as ...

Tags: steel oversupply, steel

Asian Iron Ore Prices Hit $44/Dmt, Lowest Recorded on Iodex

Nov 25, 2015

Seaborne iron ore prices reached a new historic low Tuesday as the Platts 62% Fe Iron Ore Index, or IODEX, lost $0.75/dmt on the day to reach $44/dmt CFR North China. It is the lowest point the IODEX has been since Platts' began spot ...

Tags: Seaborne iron ore, steel, ore

Iron Ore Miner Samarco Could Stop Shipments in Three Weeks: Source

Nov 10, 2015

Brazilian iron ore miner Samarco may be out of iron ore pellets within three weeks following a fatal tailings dam collapse last week, a source familiar with the company said Monday. An indefinite stoppage could affect global pellet ...

Tags: Samarco, iron ore miner, coals

Dim Outlook for Oil, Gas Steel Demand in South America: Tenaris

Nov 6, 2015

Tubemaker Tenaris is not very optimistic about a recovery in demand for its steel tubular products from the oil and gas industries in the near future, its CEO Paolo Rocca said during a conference call on Thursday. The executive stressed ...

Tags: Oil, Gas, Steel

African Mine

Apr 21, 2015

State-owned Shandong Iron and Steel Group Co Ltd said on Monday that it has acquired the remaining 75 percent stake it does not own in a mining project in western Africa's Sierra Leone. Shandong Steel had earlier acquired a 25 percent ...

Tags: Steel Firm, Iron Group, Steel Group

China to Bring Iron and Steel Sector Back to a 'Basically Balanced Level' by 2017

Mar 24, 2015

China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...

Tags: Steel Industry, Iron Steel

Iron & Steel Demand to Grow in 2015

Dec 8, 2014

Because of the slowdown of real estate and less investment in infrastructure construction, China’s steel and iron demand will show a slight growth in 2015. According to the report by China Metallurgical Industry Planning and Research ...

Tags: Steel, Iron Ore

Economic Growth in The EU Has Remained Soft So Far This Year

Nov 4, 2014

Economic growth in the EU has remained soft so far this year, with a particularly disappointing performance of the euro area in the second quarter, according to the Economic and Steel Market Outlook 2014-2015/Q4 2014 Report from the ...

Tags: Steel market, Steel Demand

The Spot Price of Charge Chrome Down a Week Ago

Oct 20, 2014

The spot price of South Africa-origin charge chrome (48-52% Cr) was assessed by Platts at 79-80 cents/lb CIF on Friday, down from 80-81 cents/lb CIF China a week ago, on slow demand and ample supply. A deal was confirmed at 80 cents/lb ...

Tags: Ferrochrome, Chrome Import, Metallurgy

The Global Apparent Steel Demand for 2014 Will Increase by Two Percent

Oct 15, 2014

The global apparent steel demand for 2014 will increase by two percent to 1.56 billion metric tons, following a growth of 3.8 percent in 2013, according to the short range outlook presented at the 48th annual meeting of the World Steel ...

Tags: Steel Demand, Chinese Demand

China Has a Seven Percent Negative GDP Growth Expected for This Year

Oct 15, 2014

Speaking at the 48th annual meeting of worldsteel (World Steel Association) held in Moscow on October 6, Hans Jürgen Kerkhoff, chairman of the worldsteel Economics Committee said that with a seven percent negative GDP growth expected ...

Tags: steel demand, real estate sector

Third Country Imports Remained on a Rising Trend in July and August

Oct 15, 2014

The latest EU customs statistics show that third country imports remained on a rising trend in July and August, according to the European Steel Association (EUROFER). During the July-August period, finished steel imports of the EU rose 32 ...

Tags: Low-Priced Imports, Fragile Recovery

SAIL Ready to Cater to The Increased Steel Demand in a Cost-Effective Manner

Sep 25, 2014

C. S. Verma, chairman of Indian state-owned steel producer Steel Authority of India Limited (SAIL), has said that the company is ready "to cater to the increased steel demand in a cost-effective manner by way of adoption of modern ...

Tags: Steel Demand, Mineral

Inventory of Iron Ore at 33 Major Chinese Ports Amounted to 109.27 Million Mt

Aug 13, 2014

As of August 11, inventory of iron ore at 33 major Chinese ports amounted to 109.27 million mt, down 1.72 million mt or 1.54 percent compared to the inventory level recorded on August 4 , as announced by China's Xinhua News Agency on August ...

Tags: Iron Ore, Chinese Ports, Mineral

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