Finished steel imports with large increases in August permits vs. the July final imports included sheets and strip electrolytic galvanized (up 139%).

The 2010 ferrosilicon contract price on ZCE closed at 5608 yuan per ton on September 11.

The 1,500th train this year entered the port around 9:45 am on Friday on its journey to Russia from the eastern Chinese city of Hefei.

The listed arm of steelmaker HBIS Group Co Ltd announced that the group’s phase one steel plant project in the coastal city of Legang in Hebei province of China has become operational.

AISI reported yesterday that steel import permit applications for the month of August totaled 1,394,000 net tons (NT)*.

In the week ending on September 5, 2020, domestic raw steel production was 1,428,000 net tons while the capability utilization rate was 63.7 percent..

US exports of hot-briquetted iron (HBI) continued to shift toward China in July to meet increased demand for metallics from the world's leading steelmaker.

“We are recovering in the automotive sector, but manufacturing products have low demand- particularly for white goods going abroad,” the source said.