After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...
Tags: ferrous scrap, iron ore
Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel
The seaborne iron ore market reversed losses Thursday, as an influx of buying activity suddenly emerged in the spot market. Platts assessed the 62% Fe Iron Ore Index at $116.25/dry mt CFR North China Thursday, up $1.50/dmt from Wednesday. ...
Tags: Iron Ore, Interest Resurfaces, spot market
China imported a record 86.83 million mt of iron ore in January this year, up 21.29 million mt year on year and up 13.45 million mt month on month, according to the Chinese customs authorities. Average daily iron ore imports in January ...
Tags: Iron Ore Imports, Mineral
China's Bohai Commodity Exchange, a local government-backed online trading platform for spot commodities, plans to launch cross-border trading in yuan for natural rubber and iron ore. It announced the plans in Hong Kong Tuesday during a ...
Tags: Bohai Exchange, Tianjin, iron ore
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release it list price for electric furnace (EF) Al-killed wire rods for next January. Industry sources said that CSC might remain its list prices for EF ...
Tags: CSC, carbon steelmaker, EF Al-killed wire rods, price
It’s reported that the Taiwanese single rerolling mills are going to release list prices for wire rod for December recently. Market participants expected that the single rerolling mills might keep wire rod list prices flat for ...
Tags: taiwan, Single Rerolling Mills, Wire Rod
Yieh Hsing, one of the major wire rod producers in Taiwan to keep its carbon steel wire rod prices unchanged for November. Also, the company has remained its wire rod prices unchanged for consecutive two months. Recently, the raw material ...
Tags: Carbon Steel Wire Rod, taiwan, Construction
Chinese steelmakers should reduce the amount of iron ore they buy through long-term contracts in favor of purchasing from the spot market, through trading platforms, the China Iron & Steel Association said Wednesday. "Mills should ...
Tags: Chemicals
It’s reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for steel wires and bars for October and November. Industry source said that CSC might remain its list prices ...
Tags: Steel Bar, Steel Wire
It’s reported that China Steel Corp (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for steel bar and wire products for September. Industry sources predicted that CSC might remain its list ...
Tags: Steel Bar, Wires List
It's reported that the Taiwanese rerolling mills including Quintain Steel and Yieh Hsing will release list prices for wire rods for July after China Steel Corp. (CSC) announced to remain its list prices for electric furnace (EF) Al-killed ...
Tags: taiwan, steel, rerolling mill, Construction, Metallurgy, Mineral, Energy
THE date September 14, 2012 is etched deeply in the memory of Charlie Aitken. For weeks leading up to that day, the wholesale managing director of Bell Potter -- considered one of the country's best stock pickers -- had been advising his ...
Tags: economy
The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket