Dalian iron ore futures faced downward pressure on Monday due to concerns over repayment issues at two major developers in China, which further deepened the crisis in the property sector. Country Garden and Dalian…
Iron ore futures posted gains on Thursday amid expectations of further stimulus measures by the Chinese government to bolster the struggling economy. Deputy head of the state economic planner, Li Chunlin, announced that…
Yantai Walsin Stainless Steel Co., Ltd., based in China, has achieved a significant milestone by successfully rolling the first bar on its new Kocks Reducing & Sizing Block (RSB) 370++/4. This cutting-edge sizing block…
India has outpaced China as the leading developer of coal-based steelmaking capacity, according to a recent report by Global Energy Monitor. The capacity under development globally, following the 'blast furnace-basic…
Dalian coking coal futures increased sharply on Wednesday following the disclosure of fatal accidents at coal mines in Shanxi and Liaoning provinces. These incidents have sparked concerns over the potential impact on…
Iron ore futures experienced a recovery on Tuesday, buoyed by market optimism regarding potential stimulus measures from the Chinese government to revitalize the sluggish economy. China's economic recovery showed signs…
Huaigang Special Steel has chosen Danieli Industrial Automation's China-based branch for a comprehensive upgrade of their bar mill's automation and drives control system, which was originally supplied by Danieli in…
China's crude steel output saw a 1.1pct increase in June compared to May and a 0.4pct increase from the previous year, according to the National Bureau of Statistics (NBS). China manufactured 91.11 mln tons of steel…
Iron ore futures continued their upward trajectory on Friday, supported by expectations of additional stimulus measures. China's post-pandemic recovery has significantly slowed after a strong start in the first quarter…
Iron ore prices continued to climb on Thursday, bolstered by expectations of additional stimulus measures and dwindling inventory levels at Chinese ports. However, concerns over weakening export data dampened demand…
According to data from the General Administration of Customs, China witnessed a 0.7pct decline in its steel product exports in June compared to the previous year, totaling 7.51 mln tons. This decrease marked the end of…
China’s imports of iron ore climbed by 7.4pct in June from a year before, customs data showed, thanks to solid demand from domestic steelmakers. The world’s largest iron ore consumer brought in 95.52 mln tons of the…
Iron ore and steel futures experienced gains on Wednesday, buoyed by positive market sentiments driven by expectations of additional stimulus measures and robust loan data. The China Securities Journal, a state-backed…
Despite the Chinese government's recent stimulus measures aimed at addressing the challenges faced by the troubled property sector, iron ore futures remained rangebound on Tuesday. The central bank's announcement of an…
Iron ore futures tumbled on Monday as sentiments were dampened by unfavorable economic data. The National Bureau of Statistics (NBS) reported that the producer price index (PPI) fell for the ninth consecutive month in…
Iron ore futures dropped on Friday due to diminishing expectations of broader stimulus measures. Despite the recent slowdown in economic recovery, analysts believe the likelihood of significant stimulus is unlikely, as…
Iron ore futures recorded gains on Thursday, driven by the anticipation of additional stimulus measures aimed at bolstering the country's post-COVID economic recovery. However, concerns persist regarding the demand…
Shanghai steel futures continued their upward trend on Tuesday, driven by ongoing production restrictions in Tangshan, China's leading steelmaking city. Tangshan has instructed steel mills to limit their steel and…
The Dalian iron ore futures experienced a decrease on Monday as reports emerged regarding Tangshan ordered steel mills to reduce production in order to combat air pollution According to the reports, Tangshan, a major…
China is set to export the most steel this year since 2016, say analysts, as the weakening yuan and competitive prices help the world's biggest producer offload surplus metal due to weak demand at home. China's massive…