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In 2021, China's import and export scale exceeded $6 trillion for the first time.

2022 - 01 - 14

Article source:My steelOn the morning of January 14, the Information Office of the State Council held a press conference. Li Kuiwen, spokesman of the General Administration of Customs and director of the Statistical Analysis Department, introduced the import and export of foreign trade in 2021.According to customs statistics, the total import and export value of China's goods trade in 2021 was...
The world's first stainless steel with its own surface that can kill the novel coronavirus has been

2021 - 12 - 13

Source: Huang Mingxin Team, University of Hong Kong, Material Science and Engineering Editor: Zhang Yutian Stainless steel is one of the most widely used materials in public health, but it does not have the characteristics of combating harmful microorganisms. Earlier studies have shown that the novel coronavirus (SARS-Cov-2) has a strong stability on conventio...
Global crude steel production fell 8.9% year-on-year in September

2021 - 11 - 03

Source: China Metallurgical News - EditorStaff Report (Reporter Zhu Xiaobo) On October 26, the World Steel Association (WSA) released the global crude steel production data for September. In September, the output of crude steel in 64 countries and regions included in the statistics of the World Steel Association was 1.444 billion tons, down 8.9% year-on-year.In September 2021, the output of crude ...
Fe Limited becomes Australia's latest iron ore exporter

2021 - 10 - 11

Source: http://www.gtgqw.com Gangyi.comFe Limited (hereinafter referred to as Fe) celebrates its becoming Australia's latest iron ore exporter. Fe's stock price did not rise on the same day, but fell 4.44%, returning to the stock price at the beginning of the year, with a market value of 3800 million Australian dollars. However, the company's stock price still rose by 95% in a yea...
BLOG: Highlights of China's raw material markets in 2020

2021 - 09 - 08

ABSTRACTNo one would have expected the steelmaking raw materials prices including iron ore, coke and scrap to have attempted multi-year highs in December, a usual off season for steel consumption and production, but the year 2020 had been proven anything but normal, and many iron ore traders ended their 2020 in frustration, as iron ore prices shot up for seemingly no reason at all.Source: World St...

China Iron and Steel Development Forum held

2021 - 04 - 07

Source: People's DailyA few days ago, the 2021 (12th) China Iron and Steel Development Forum was held in Beijing. At the meeting, Yin Ruiyu, an academician of the Chinese Academy of Engineering, said that after decades of development and progress, China's steel industry per ton of steel energy consumption and carbon emissions have been in the international advanced level, but because of the huge crude steel production, the total carbon emissions of the industry is still large. Li Gao, director of the Department of Climate Change under the Ministry of Ecology and Environment, called on the steel industry, as an important supporting industry for China's economic development and a key industry for carbon emissions, to strengthen the consensus on carbon emission reduction, transfor...

The steel market will fluctuate upwards for a long time, and there will be adjustment pressure in th

2021 - 03 - 23

Source: China Metallurgical NewsWith the introduction of carbon peak and carbon neutral targets, environmental protection and production restrictions throughout the country have continued to increase. Guo Xiaoliang, assistant to the general manager of Delong Steel, is deeply touched by this. On March 19, Guo Xiaoliang said in an interview with a reporter from China Metallurgical News: 'In 2021, the production restriction policy in Tangshan and even the entire Hebei area has become stricter and stricter. From the initial stage of production reduction, production restriction, and production suspension, Up to now, some blast furnaces have been shut down and dismantled, and the implementation of the production restriction policy has continued to increase, and the actual implementation has ...

Inside and outside the steel price difference is expected to narrow

2021 - 02 - 01

Source: Warburg SecuritiesEvent 1: The steel association held an information conference to answer the questions of output reduction and how to balance production and demand. It is believed that the Ministry of Industry and Information Technology proposed to reduce steel production in 2021 should have three aspects of consideration, 2021 steel demand will maintain a small growth, steel supply pattern under the new situation is bound to change, the import and inventory of self-regulation will help to make up the gap between production and demand.Comments: Under the market economy, the output of goods is mainly driven by demand and theoretical capacity. At present, domestic and overseas economies are recovering, steel demand is better expected, so the industry has questions about the implemen...

Top 10 Steel Industy News of 2020

2021 - 01 - 05

Source: My steel As the year of 2020 comes to an end, China's economy has been the first to recover from the COVID-19 epidemic, which has effectively boosted domestic steel consumption growth. Steel prices have risen to the highest level this year. In this year, the steel industry accelerated transformation and upgrading, enterprise merger and reorganization attracted attention, xiaobian special comb the steel industry in 2020 ten news.First, the Ministry of Industry and Information Technology issued the revised Opinions on the Implementation Measures for Replacing Steel Production CapacityOn January 23, the National Development and Reform Commission, Ministry of Industry and Information Technology jointly issued by the 'about perfecting the steel production capacity of displa...

Baowu on steel capacity concentration in Northwest China

2020 - 12 - 08

Article source: MysteelChina Baowu Steel Group (Baowu), China’s and also the world’s top steel producer in capacity, has been taking no break in its expansion in capacity and inner strength enhancement at the same time, with the latest move to solidify its footing in Northwest China via acquiring existing steel mill and iron ore mines, Mysteel Global noted.On November 25 Baowu, via its subsidiary in Northwest China’s Xinjiang, Xinjiang Tianshan Iron & Steel (Tianshan Steel), took over about 77% stake in Yili Iron and Steel Group (Yili Steel) at Yuan 1.45 billion ($2.2 million) from the latter’s 31 individual shareholders, shortly after its acquisition of the full ownership of Xinxing Ductile Iron Pipes Xinjiang Co (Xinxing Ductile) at a price of Yuan 2.2 billion on November 19, accordi...

China’s Jan-Nov steel exports down 18%, imports up 74%

2020 - 12 - 07

Article source: MysteelChina exported a total of 48.8 million tonnes of finished steel over January-November, down 18.1% on year, while its finished steel imports surged 74.3% on year to 18.9 million tonnes over the same period, according to the latest statistics released by the country’s General Administration of Customs on December 7.The decline in China’s steel exports, however, narrowed from the 19.3% on-year drop over January-October, mainly due to higher steel exports in November, as the global demand has been recovering and the narrowing gap between China’s domestic and export prices of steel products in September, as the November deliveries were mainly booked two months before, Mysteel Global understands.In November, China’s finished steel exports approximated 4.4 million tonnes, u...

Gold, three silver, four cold and hot rolling have room for improvement. The first half of the year

2019 - 03 - 11

Article source: China Steel Price Network As the weather gradually improved, the steel market “Golden Three Silver Four” gradually approached. After the cold winter of some downstream industries experienced last year, the policy of the “two sessions” will make the demand warmer? What is the release of capacity this year?In this issue of Mysteel, we invited Hu Shinan, a hot and cold rolling analyst in the Steel Division, to hear how she analyzed it.Core point of view:1. The manufacturing industry and other industries have lowered the VAT rate by 3%, which is good for the entire downstream industry. In addition, attention should be paid to measures to promote consumption in rural areas such as car purchases for rural residents, new energy vehicles, and second-hand car transactions for s...

Rework of construction sites around the world Rebar prices remain strong in the short term

2019 - 03 - 11

Article source: China Steel Price NetworkSince late February, steel futures prices have shown a unilateral upward trend. Last week's rebar 1905 contract fell 1.30% to 3,723 yuan / ton. The Hot Roll 1905 contract fell 2.95% to 3,712 yuan / ton. In terms of rebar spot, compared with the previous week, Shanghai fell to 3,850 yuan / ton, Guangzhou fell to 4,220 yuan / ton, Beijing fell to 3,810 yuan / ton. In terms of hot coil spot, Shanghai fell to 3,830 yuan / ton, Tianjin fell to 3,810 yuan / ton, Guangzhou fell to 3,860 yuan / ton.Short-term demand is still acceptableRegarding the demand side of rebar, it is considered from the short-term and medium-term perspectives. Short-term rebar demand is mainly determined by the need for return to work after the Spring Festival and the pace of r...

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