Chinese steel industry's sourcing of raw materials in the future, the likelihood of continued high rates of economic growth suggests that China's imports of raw materials will remain high. Until very recently, China was largely self-sufficient in coking coal, with domestic production supplying the bulk of the steel industry's needs.

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Chinese steelmaking raw materials fell on Monday as demand remained weak, with coking coal and coke prices tumbling more than 4%, while benchmark iron ore futures slipped after logging gains last ...

China has released a development plan that calls for reducing energy consumption in the steel industry and targets "urgent" green development of its raw materials industry during the 14th five ...

Industry consolidation will also likely aid the sector to have a bigger influence in price settlement with raw material suppliers and downstream steel users. Industry sources told S&P Global Platts that consolidation in China's steel sector is expected to accelerate in the foreseeable future, given several potential mergers and acquisitions ...

20 Steel raw materials China's Tangshan steelmaking hub initiates further production cuts just 2 days after removing previous restrictions Chinese steelmaking hub Tangshan is again limiting steelmaking output from Monday January 3 - with no confirmed end date - due to the possibility of further heavy pollution in the near term, the local ...

Profits at China's industrial firms grew at a faster pace in October, the statistics bureau said on Nov. 27, 2021, providing a buffer for a …

BEIJING (Oct 29): China's steel rebar and hot-rolled coils futures rose on Friday as the environment ministry pledged to cut concentrations of hazardous, small airborne particles known as PM2.5 over the winter, while steelmaking ingredients fell more on coal drags. The Ministry of Ecology and Environment said China aims to cut PM2.5 by an average of 4% on …

The decision by Chinese steel mills to fire up prices amid soaring raw material costs has raised concern about inflation risks in the world's second largest economy and the impact this may have ...

There are four significant trends affecting raw material prices: Strong global market demand, significantly China's V shape economic recovery, has led to shortages on many raw materials. The oil ...

Chinese steelmaking raw materials futures advanced on Thursday, with coking coal up 5%, fuelled by hopes of recovering steel production after stringent curbs in the first 11 months of the year.

The unequal geographical spread of critical raw materials is reflected in market share. China is one of the top three suppliers of many of the elements, way ahead of the United States and Russia.

CAMU: China's steel scrap usage at 230 mln t in 2021 Dec 31, 2021. China's steelmakers are estimated to have consumed 230 million tonnes of steel scrap this year, with total steel scrap resources r... WEEKLY: China steel …

Raw materials China denies large-scale shutdown of steel mills during Winter Olympics China's Ministry of Ecology and Environment has denied that there would be a large-scale shutdown of steel mills and coke plants in the country's northern region during the 2022 Winter Olympics, scheduled to take place over February 4-20.

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20 China's Tangshan steelmaking hub initiates further production cuts just 2 days after removing previous restrictions Chinese steelmaking hub Tangshan is again limiting steelmaking output from Monday January 3 - with no confirmed end date - due to the possibility of further heavy pollution in the near term, the local government said this week.

China's industrial profit growth tumbles as raw material prices fall. Profits rose 9 per cent year onyear in November to 805.96 billion yuan (S$171.7 billion). PHOTO: REUTERS. BEIJING (REUTERS ...

A few mill sources expected China's steel output cuts to widen further in late-September or October, mainly as the overall cuts by mid-September have remained insufficient to keep the country's 2021 crude steel output within 2020 levels. During January-July, China's crude steel output was 8%, or 48 million mt, higher on the year.

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An employee works next to molten iron at a steel mill of Dongbei Special Steel in Dalian in Liaoning province on July 17, 2018. ... "The demand for major bulk raw material products such as steel ...

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WEEKLY SUMMARY: China raw material prices down further. Over November 15-19, China's prices of steelmaking raw materials including iron ore and coke stayed on the downtrend in general, as demand from the domestic steel mills stayed tepid and domestic steel prices softened further. Over November 12-18, the blast furnace capacity utilization rate ...

RAW MATERIALS Maximising scrap use helps reduce CO2 emissions. Today, it is estimated that the global steel industry used about 2 billion tonnes of iron ore, 1 billion tonnes of metallurgical coal and 575 million tonnes of steel scrap to produce about 1.7 billion tonnes of crude steel.

Profits at China's industrial firms grew at a much slower pace in November, the statistics bureau said on Monday, pressured by tumbling prices of some raw materials, a faltering property market ...

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China is limiting steel production to reduce carbon emissions, hurting the demand for iron ore, the raw material used to produce it. We've detected you are on Internet Explorer.

Chinese steel futures rise on pollution control pledge, raw materials extend losses. BEIJING (Reuters) -China's steel rebar and hot-rolled coils futures rose on Friday as …

The profitability of China's privately-owned steel mills edged past that of their state-owned peers last year as greater flexibility in management allowed them to rein in production and turn to cheaper raw materials amid a rally in iron ore prices.

China steelmaking ingredients fall on muted steel demand. Reuters Monday December 27, 2021 02:49. (Adds details; Updates with closing prices) BEIJING, Dec 27 (Reuters) - Chinese steelmaking raw materials fell on Monday as demand remained weak, with coking coal and coke prices tumbling more than 4%, while benchmark iron ore futures slipped after ...