Global insight

The import of iron ore will increase by 9.5% in 2020 and will remain high in 2021

According to the statistics of the General Administration of Customs, in December 2020, China imported 96.746 million tons of iron ore, with a month on month decrease of 1.404 million tons or 1.4%; the average price was 121.4 $/T, with a month on month increas...

Monday, January 18, 2021

Why Hebei has become the world's largest steel Province contributing 1/8 of the world's crude steel?

With the industrialization of the world, the demand for steel and the output of steel-making are increasing year by year.

Monday, January 18, 2021

Rongcheng steel SWRH82B CR wire rod exported to Indonesia

Recently, one belt, one road steel, with a capacity of 1000 tons, is exported to Indonesia, which is used for the construction of the 12.5 SWRH82B-Cr prestressed steel wire rod in Indonesia.

Friday, January 15, 2021

Last year, China's iron ore import exceeded 1.1 billion tons

On January 14, according to the data disclosed by the General Administration of customs, China's total imports of iron ore in 2020 reached 1.17 billion tons, an increase of 96.746 million tons or 9.5% over the same period last year.

Friday, January 15, 2021

The benchmark price of ferrochrome in Europe has been set in the first quarter of 2021

The benchmark price of ferrochrome in Europe in the first quarter of 2021 was set at US $1.175/pound, up 3.1% from the fourth quarter of this year.

Friday, January 15, 2021

Global stainless steel consumption will increase by 11% in 2021

Markus Moll, managing director of Austria's SMR steel and metal market research company, said at a seminar organized by bir that the global market share of 300 series stainless steel will increase from 54.1% in 2019 to 59.3% by 2030, which means that nickel an...

Friday, January 15, 2021

An earthquake of magnitude 6.2 struck Indonesia's Sulawesi island, which accounts for 80% of Indonesia's nickel resources

The epicenter of the earthquake is located at 3.005 degrees south latitude ,118.924 degrees east longitude, magnitude 6.2, focal depth of 18.4 km.

Friday, January 15, 2021

Russia may impose export tariffs on some steel products

Recently, the Russian Federation of National Housing Builders complained to Russian Deputy Prime Minister Husnulin that Russian metal prices soared and steel prices rose 40 percent within a month.

Friday, January 15, 2021
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