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Recently, the investment bank of Bank of Montreal (BMO) said that with the decline in coal imports from China and Europe, and the increasingly fierce competition between renewable energy and liquefied natural gas, it is expected that by 2025, global demand for thermal coal will be reduced by 2% from 2017.
time2018/12/13
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to data released recently by the Korea Iron and Steel Association, in November, Korean ordinary billet exports and imports increased month-on-month and year-on-year.
time2018/12/14
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In November, the coke market showed a big change, the transaction turned from weak to weak, the price went from up to down, and the decline was increasing. Since entering December, the coke market has not improved much, and prices continue to be in the downward channel of shocks, but the decline has weakened.
time2018/12/17
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to Nigeria's "Daily Times" reported on December 10, Africa Natural Resources and Mining Co., Ltd. decided to invest 600 million US dollars (183 billion naira) in Kaduna State to set up an ore mining and smelting integrated processing enterprise.
time2018/12/18
PublisherGloria Wong
FormJUNNAN STEEL NEWS
It was learned that US rebar prices have been stable for several months and continue to remain at $710-720/short ton.
time2018/12/19
PublisherGloria Wong
FormJUNNAN STEEL NEWS
It was learned that data released by the European Union of Iron and Steel (Eurofer) showed that EU steel sheet imports continued to rise in October, while exports were still much lower than the same period last year.
time2018/12/20
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to statistics released by the Indonesian National Bureau of Statistics (BPS-Statistics Indonesia), Indonesia's coal exports in October 2018 were 40.417 million tons, an increase of 3.987 million tons, an increase of 10.9%.
time2018/12/21
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In November 2018, the global crude steel output of 64 countries included in the World Steel Association statistics was 148.6 million tons, up 5.8% year-on-year. China's crude steel output in November 2018 was 77.6 million tons, up 10.8% year-on-year. Japan's crude steel output in November was 8.7 million tons, down 0.5% year-on-year. South Korea's crude steel output in November was 5.9 million tons, up 1.1% year-on-year.
time2018/12/24
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to Taiwan Customs data, Taiwan imported 8,200 tons of alloy steel in November, an increase of 1,020 tons from the previous month.Of these imported alloy steels, 6,500 tons are from mainland China, 840 tons are from Japan, 330 tons are from Sweden, and 170 tons are from Germany.
time2018/12/25
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In the week ending December 22, 2018, the domestic domestic crude steel output was 1.87 million short tons, and the capacity utilization rate was 79.8%. In the same period last year, the output was 1.676 million short tons, and the capacity utilization rate was 71.9%.
time2019/01/02
PublisherGloria Wong
FormJUNNAN STEEL NEWS
It is understood that Japan's steel exports are expected to achieve year-on-year growth in 2018, which is also due to increased demand in the manufacturing and export sectors, and some steel production facilities have resumed production.
time2019/01/03
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Under the influence of the volatility of global financial markets and the relentless plunging of crude materials such as crude oil, the international steel market in 2018 finally ended in a weak position. As of the reporting period, the global steel benchmark price index of 113.8 points decreased by 3.7% month-on-month (expanded by more), with a year-on-year decrease of 5.4% (expanded increase) and a year-on-year increase of 14.7% (increase in convergence).
time2019/01/04
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Recently, South Korea's Dongkang Steel lowered the benchmark price of H-beam in January 2019, from the current 900,000 won / ton (about 804.02 US dollars / ton) to 850,000 won / ton (about 759.36 US dollars / ton).
time2019/01/07
PublisherGloria Wong
FormJUNNAN STEEL NEWS
On December 23, N Sridhar, chairman and chairman of Singareni Collieries Company Ltd., said that in the next five years, the company plans to build 12 new coal mines to achieve an annual coal output of 100 million tons. And plans to carry out coal business in other states of India.
time2019/01/08
PublisherGloria Wong
FormJUNNAN STEEL NEWS
The relevant person in charge of the Economic Development and Control Bureau of the National Development and Reform Commission said on the 8th that on the afternoon of the 8th, Turkmenistan Kangzeen gas supply has gradually recovered to the planned value. R
time2019/01/09
PublisherGloria Wong
FormJUNNAN STEEL NEWS
On January 4th, Brussels announced on the same day that the EU plans to maintain import tariff quotas for imports from July 2018 until July 2021.
time2019/01/10
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Recently, an Indonesian official said that in order to stabilize global coal prices, the Indonesian government has lowered its 2019 coal production target to 480 million tons.
time2019/01/11
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Industry news on January 8 said that after a brief period of quiet silence, Turkish steel producers have now resumed deep sea scrap purchases. The three steel producers imported four batches of deep-sea scrap from the US and Europe at prices similar to those of previous transactions.
time2019/01/14
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In 2018, thanks to the overall stable and steady growth of China's economic operation, steel consumption in major steel downstream industries such as real estate, home appliances, shipbuilding and machinery continued to grow.
time2019/01/15
PublisherGloria Wong
FormJUNNAN STEEL NEWS
On January 16th, it was reported that India’s Karnataka Chief Minister HDKumaraswamy recently sent a letter to the Central Committee requesting to increase Indian iron ore import tariffs to ensure the development of domestic mining. The Indian authorities have put the matter on the agenda for discussion.
time2019/01/16
PublisherGloria Wong
FormJUNNAN STEEL NEWS
From January 7th to January 11th, the price of the main contract of coke futures J1905 fluctuated upwards. The main reason was that the rebar price continued to strengthen to boost the price of other black varieties.
time2019/01/18
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Recently, the Indian Ministry of Steel said in a report that in the first nine months of 2018-19 (April-December 2018), India's steel output was 97.358 million tons, up 4.5% year-on-year, and steel consumption was 71.662 million tons , an increase of 8.4%.
time2019/01/21
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to Chinanews.com reported on the 21st, in 2018, China's key regions continued to implement total coal consumption control.
time2019/01/22
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Recently, Posco Steel Co., Ltd. (POSCOC·C) has accelerated the development of multi-color steel plates to actively respond to the individual needs of the market.
time2019/01/23
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to data released by the Japan Iron and Steel Federation on January 31, Japan’s steel exports in 2018 fell 4.2% from the previous year to 36.52 million tons
time2019/02/11
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Recently, the Indian Ministry of Steel said in a report that in the first nine months of 2018-19 (April-December 2018)
time2019/02/12
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Brazilian iron ore exports to China amounted to US$792 million, down 3.65% year-on-year.
time2019/02/13
PublisherGloria Wong
FormJUNNAN STEEL NEWS
ArcelorMittal Steel recently announced its fourth quarterly report for 2018. The data shows that its iron ore output in the fourth quarter of 2018 reached 14.9 million tons, an increase of 3.4% (400,000 tons), an increase of 3.5% (500,000 tons).
time2019/02/14
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Indian steel minister Chaudhary Birender Singh said on Tuesday that India’s steel consumption this year is expected to outpace the United States.
time2019/02/15
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In the fourth quarter of 2018, Champion Iron's fine iron powder production was 1.79 million tons (wet tons), a decrease of 70,000 tons (4%) from the third quarter and a fine iron grade of 66%.
time2019/02/18
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In the past seven years, the operating profit has broken 5 trillion won. It is the first environmentally-recognized steel company in Korea.
time2019/02/19
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Statistics from Brazil's foreign trade sector show that Vale's S11D Caragas iron mine in Pará exports 5.4 million tons of iron ore in January, up 40% from 3.86 million tons in the same period last year.
time2019/02/20
PublisherGloria Wong
FormJUNNAN STEEL NEWS
As Indian iron ore producers plan to increase iron ore production in the fiscal year 2019-2020 (April 1, 2019 - March 21, 2020), Indian iron ore production is expected to reach 225 million tons in fiscal year 2019-2020.
time2019/02/21
PublisherGloria Wong
FormJUNNAN STEEL NEWS
time2019/02/22
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to foreign media reports, due to system failure, Japan’s leading steel company, Nippon Steel & Sumitomo Metal Co., Ltd.’s production and profits fell in 2017-2018. The company plans to produce quarterly average crude steel output in fiscal year 2019-2020 (2019.04.01-2020.03.31).
time2019/02/25
PublisherGloria Wong
FormJUNNAN STEEL NEWS
time2019/02/26
PublisherGloria Wong
FormJUNNAN STEEL NEWS
On February 25, the Japan Iron & Steel Federation released data showing that in January, Japan's crude steel output fell 9.8% year-on-year to 8.14 million tons, a record low of 7.66 million tons in July 2009, compared with 2018. Monthly production fell by 3.8%.
time2019/02/27
PublisherGloria Wong
FormJUNNAN STEEL NEWS
time2019/02/28
PublisherGloria Wong
FormJUNNAN STEEL NEWS
time2019/03/01
PublisherGloria Wong
FormJUNNAN STEEL NEWS
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