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steelmaking ingredient
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Dai Zhihao Forecast at an Annual Industry Conference in The Qingdao
Sep 27, 2013On September 25, Dai Zhihao, general manager of Chinese steel giant Baosteel, forecast at an annual industry conference in the eastern Chinese coastal city of Qingdao that China's annual steel consumption will peak at 825 million mt in 2018 ...
Tags: Steel Industry, Steel Consumption
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Chinese Steelmakers Should Reduce The Amount of Iron Ore They Buy
Sep 27, 2013Chinese 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
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Sharemarket Closed Higher for a Second Day
Jan 6, 2013The sharemarket closed higher for a second day yesterday, buoyed by a last-minute budget deal in the US that drove global equities and commodity prices sharply higher on Wednesday night. The benchmark S&P/ASX 200 finished up 0.7 per cent ...
Tags: sharemarket, US, global equities, commodity prices
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Chinese Iron Ore Buyers to Push Price of Australia's Biggest Export Higher
Jan 6, 2013While stock and bond traders fretted over the US fiscal cliff and its potential impact on broader markets earlier this week, Chinese iron ore buyers were unconcerned, continuing to push the price of Australia's biggest export higher on the ...
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China's Top 10 REE Producers Plan to Set up a Trading Platform for Rare Earth Oxides
Dec 26, 2012China's top 10 REE producers are planning to set up a trading platform for rare earth oxides as early as next month. China mines roughly 95% of the world's rare earths and is also the globe's top consumer of the 17 elements used in ...
Tags: China, Rare Earth, Metallurgy
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Spot Iron Ore Was Unchanged on December 18th Tuesday
Dec 22, 2012Reuters reported that spot iron ore was unchanged on December 18th Tuesday, holding at a more than 5 month high that was hit after a two week rally, although a slowdown in steel price gains this week in top consumer China may prompt buyers ...
Tags: Iron Ore, steel, steelmaking, mills
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Iron Ore Inventories in China Dropped to The Lowest Levels in 2 Years
Dec 7, 2012Bloomberg reported that iron ore inventories in China,the biggest user of the steelmaking ingredient,dropped to the lowest levels in 2 years as higher demand pushed up prices. According to weekly data from researcher Beijing Antaike ...