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China rebar steel hits over 9-year high on demand outlook

2020-06-03 14:25:22 Steel Products,  futures

Rebar steel futures in China jumped to their highest in more than nine years on June 3, buoyed by strong spot steel demand and prices...

China steel prices tick up 0.4% WoW during May 11-17

2020-05-22 16:28:06 Price,  Steel Products

China's steel prices rose 0.4% compared with last week during May 11-17. The prices of ordinary medium plates, welded steel pipes and...

China's rebar production increases 1.1% YoY in Apr

2020-05-22 09:54:47 Production & Sales,  Steel Products

China's industrial enterprises above designated size produced 21.12 million tonnes of rebar in April 2020, an increase of 1.1% year o...

Tsingshan's stainless steel order book fills as China rebounds, traders load up

2020-05-21 08:35:23 Steel Products

Tsingshan Holding Group, the world's biggest stainless steel producer, has sold the entire output of its Chinese plants through June,...

China's social steel product stocks fall faster in early-May, CISA

2020-05-14 11:23:09 Production & Sales,  Steel Products

Decline of social stocks of five key steel products at 20 major cities in China gathered pace during early-May (May 1-10) compared wi...

China steel futures extend gains on firm demand, trade optimism

2020-05-13 08:35:01 Steel Products

Construction rebar and hot-rolled coil futures in China rose for the seventh straight session on May 12, boosted by firm consumption ...

China steel futures trade in narrow range, focus on govt stimulus

2020-04-30 08:22:15 Steel Products

China steel futures drifted in a narrow range on April 29 as market participants refrained from making big bets while waiting to see ...

Baoshan Iron & Steel Q1 profit plunges nearly 44% on low prices

2020-04-29 10:22:57 Steel Products

Baoshan Iron & Steel Co., Ltd, core listed arm of China Baowu Steel Group, the world's largest steelmaker, incurred a 43.63% slum...

China's Baowu dethrones long-reigning steel king ArcelorMittal

2020-04-28 08:40:17 Steel Products

Although China is the world's leading steel producer, no single Chinese steelmaker has made it to the top spot, until now. ...

Chinese steel output set for 'remarkable' rebound

2020-04-27 08:28:47 Steel Products Asia Times

China's steelmakers are confident the industry will bounce back strongly after the coronavirus downturn, echoing a forecast from the ...

Weekly steel market news summary (Apr 19-Apr 25)

2020-04-26 10:13:15 Steel Products

Seaborne Global crude steel output down 6% YoY in Mar World crude steel production for the 64 countries reporting...

China Mar rebar output slides 2.9% YoY

2020-04-22 15:33:56 Steel Products

China's steel rebar production amounted to 19.02 million tonnes in March, down 2.9% from a year ago, according to the latest data fro...

Tokyo Steel to keep product prices unchanged in May despite slowing demand

2020-04-20 16:09:42 Company,  Price,  Steel Products

Tokyo Steel Manufacturing Co., Ltd, Japan's top electric-arc furnace steelmaker, said on April 20 it will keep steel product prices s...

China Mar steel product output down 0.1% YoY, NBS

2020-04-17 15:15:11 Steel Products

China's steel product output fell slightly by 0.1% from a year ago to 98.88 million tonnes in March, official data showed on April 17...

Steel product stocks remain high at Chinese mills despite one-month decline

2020-04-17 10:21:19 Production & Sales,  Steel Products

Inventories of finished steel products at member steel mills of China Iron and Steel Association (CISA) declined for three straight s...

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Editors Recommendations

1 China's strict inspection may bolster thermal coal prices at production areas 2020-06-04

The intensified safety and overproduction inspection in Shaanxi and Inner Mongolia is likely to continue bolstering thermal coal prices at main production areas in the short run. Shaanxi,

2 Coal hub Ordos sees another coal-dedicated railway open to traffic 2020-06-04

Ordos, a major coal production hub in Inner Mongolia, saw another coal-dedicated rail line open to traffic on May 30, local media reported. The railway, starting from Hongqinghe coal mine

3 China's seaborne thermal coal market quiet amid low demand; downturn looming 2020-06-03

Chinese seaborne import thermal coal market remained flat similar to the past few days, as no power plants renewed tenders and traders stood on the sidelines. The best offer for a July-de

4 China coking coal market buoyant, sales improve 2020-06-03

China's coking coal market showed signs of recovering after three months of decline, chiefly underpinned by brisk sales from mines. With a 150 yuan/t coke price hike last month, some coke

5 Chinese spot thermal coal prices to stay range-bound 2020-06-03

Chinese spot thermal coal prices are expected to stay range-bound in the near term, alongside a stalemate between sellers and buyers resulted mainly from market uncertainties. One Shanxi-

6 China May thermal coal market: prices up on increased demand and tightened supply 2020-06-03

China's thermal coal market trended up in May, bolstered by recovered demand and contracted output at coal mines amid safety and environmental regulations, low railings to northern ports amid maintena

7 China Coal Daily Track (Jun 3) 2020-06-03

Thermal coal Production area Impacted by unclear term contract coal prices for June by CHN Energy, traders and railway stations remained tepid in buying coal from production areas. Sales of c

8 China's two major grid operators "dig into their pockets" to cut power prices 2020-06-03

State Grid Corporation of China and China Southern Power Grid (CSG), two major power grid operators, pledged to reduce power prices of 112.6 billion yuan for commercial and industrial users, following

9 China sets renewables share targets for provinces this yr 2020-06-03

China has raised the target for share of renewable power in the country's total power consumption for 2020, according to a statement jointly issued by the National Development and Reform Commission an

10 China to approve 30 UHV power transmission lines in next 5 yrs 2020-06-03

China will have more than 30 new ultra high-voltage (UHV) power transmission lines approved by 2025, driving 587 billion yuan of investment into the industry, according to a report issued on June 2.

Most Read News Stories

1 China Apr thermal coal imports surge 88.95% on yr 2020-05-28

China's thermal coal (incl. bituminous and sub-bituminous coal, but excl. lignite) imports in April surged 88.95% compared with the corresponding month last year, official data said, reaching a record

2 China's coal imports from Mongolia continue to rise, adding pressure to price 2020-05-26

On May 23, Mongolia exported a total 955 trucks of coal to China through two major hubs Gashunnsukhait (Ganqimaodu) and Shivee Khuren (Ceke), Mongolian media GoGo Mongolia reported. The f

3 Two Sessions: Chinese delegates call for more imports of premium coking coal 2020-05-29

Chinese delegates of NPC called for more imports of premium coking coal, in order to boost green development of steel industry. Domestic steel production has been plagued by supply shorta

4 Daqin railway maintenance exerts limited impact on China coal market 2020-05-28

Month-long maintenance to China's coal-dedicated Daqin railway, which ended on May 28, two days ahead of schedule, has exerted limited impact on China's coastal thermal coal market, due to still weak

5 China to bolster energy reserve capacity, support unconventional gas exploration 2020-05-25

China said on May 22 it will bolster the capacity of the country's energy reserves and offer lower gas and electricity charges to key industries, as it looks to ensure energy supply and offset the imp

6 China urges top utilities to speed up transfer of 40 coal-fired power plants 2020-05-27

China has urged the country's five biggest utilities to speed up the transfer of 40 coal-fired power plants in the northwest of the country, according to a document seen by Reuters and confirmed by a

7 China's commodity exchange launches thermal coal options simulation trading 2020-05-25

China's Zhengzhou Commodity Exchange (ZCE) said on its website that it will roll out thermal coal options simulation trading on May 26 to prepare for real transaction. Thermal coal contra

8 China's new energy installations possibly the highest in history this yr 2020-05-29

In 2020, China's new energy installed capacity will likely reach a new high. On May 25, the National Energy Administration issued an announcement saying that the combined "newly-added dig

9 China coal hub Shanxi to halve coal-washing capacity by Sep 2020 2020-05-28

China's coal mining hub of Shanxi province aims to halve its coal-washing capacity to 1.8 billion tonnes a year and reduce the number of plants involved in the process to 1,200 by end-September, the a

10 China Apr coking coal imports up 11.35pct on mth, customs data 2020-05-28

China's coking coal imports posted a month-on-month rise of 11.35% in April, due mainly to restart of Mongolian exports and recovered demand from downstream sectors as economic activities gain strengt

Most Read Analysis & Comments

1 Australian thermal coal may face further curbs; Indonesian imports little affected 2020-05-18

There were market talks about tightening thermal coal import restrictions in China after the state planner held a meeting late last week, though no further information available from official sources.

2 Chinese domestic thermal coal gains strength from import curb 2020-05-20

Chinese domestic thermal coal prices jumped following market talks that the state planning body, the National Development and Reform Commission, asked key power utilities to suspend coal imports from

3 Thermal coal imports for blending in India to be eliminated in FY2020-21 2020-05-26

Indian government has decided to bring to zero import of coal for blending purpose by domestic coal-based power plants in the current fiscal, and has asked state-owned CIL to enter into a pact with po

4 China's spot thermal coal uptick stronger than expected 2020-05-26

Chinese spot thermal coal market witnessed stronger-than-expected upticks during last week, with Fenwei CCI 5500 index rising by a total 52 yuan/t to 543 yuan/t FOB and registering daily increase of o

5 Indonesian low-CV thermal coal price up close to $30/t after utility tenders 2020-05-21

Spot prices of Indonesian thermal coal edged higher in the Chinese seaborne import market, on the back of tender results from a state-owned power group, giving some clarity to the market.

6 Australian thermal coal still active in China despite restrictions 2020-05-22

Although Chinese state-owned power groups were reportedly told to turn their back on Australian thermal coal, there are still some trades concluded in recent days, and inquiries seem growing from down

7 Indonesian thermal coal prices keep going up; Australian coal flat 2020-05-20

It was a mixed picture in Chinese seaborne import thermal coal market on May 20; Indonesian coal prices extended the increase while Australian coal prices little changed amid uncertainty of import pol

8 Supply woes will create a short-term jolt for China's thermal coal market 2020-05-20

Supply interruptions are expected to jolt domestic spot thermal coal market, with prices of benchmark 5,500 Kcal/kg NAR coal anticipated to jump further. Only a limited number of coal min

9 China coking coal remains stagnant despite coke price hikes 2020-05-18

China's coking coal market ended last week in a weak note, as miners still found no ways to bolster up their prices, even as the downstream coke prices have almost completed two rounds of increase in

10 China coking coal market shows little sign of recovery 2020-05-20

Little sign of improvement emerged in China's coking coal market, as many mines were still riddled with high stocks and lackluster buying interest from coking plants. Only a few mines hav

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