Chinese steel mills win domestic iron ore pricing in some 2018 contracts. ... BHP Billiton has agreed with two leading Chinese steel mills to include the China ...
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Workers at a construction site in Guangzhou, capital of China's southern Guangdong province, in 2006. REUTERS/Stringer SHANGHAI — Chinese steel mills are likely to be forced into making deeper cuts in output over the next few months, as shrinking demand, soaring losses, and tighter credit undermine firms in the world's biggest producer ...
Jun 10, 2016· TANGSHAN, China — The hulking, white-and-brown buildings of the Songting Iron & Steel Company stood silent one chilly February afternoon. The only signs of life came from the handful of guards at the compound’s gate, and from the disheveled middle-aged man who emerged to shout to the plant’s ...
Dec 02, 2015· In the space of 30 years, China has become the world’s largest steelmaker by a long margin. Decades of rapid economic growth fed huge demand for infrastructure and housing, all of which required massive volumes of steel. As the Chinese economy slows, however, all that capacity is proving a burden ...
Jun 29, 2018· China's economy is cooling, but its steel mills are still going strong -- which is a problem for everybody else who produces it.
The full effect of China’s economic decline on the world is unclear, but for the steel city of Tangshan the future already looks decidedly bleak
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A single mill in central China that can produce half as much steel annually as the UK has fired up its furnaces on the back of stronger prices, highlighting the difficulties faced by Beijing to cut sector capacity. Highsee Steel, also known as Haixin, was the poster child for China’s debt-laden ...
A Newsweek investigation has found that in at least two of Trump’s last three construction projects, Trump opted to purchase his steel and aluminum from Chinese manufacturers rather than United States corporations based in states like Pennsylvania, Ohio, Michigan and Wisconsin.
Since the beginning of March, steel prices in China have fallen sharply while prices in U.S. have risen. That is simply not sustainable.
Steel Mills Web Site - Information Exchange Portal of the Steel Industry.
Nearly half of China’s steelmaking capacity will have to meet new ultra-low standards in latest move against major polluters
Tata Steel axes 1,000 jobs: South Wales bears brunt of cuts amid warnings over future of industry
Oct 19, 2016· Chinese mills are producing more steel than a year earlier as a credit-fueled property boom drives domestic demand, defying calls for curbs to supply that has flooded world markets.
China's top steelmaking city Tangshan plans to halve the number of its steel producers by 2020 and eliminate inefficient equipment, in its latest push to consolidate its steel sector and help clear one of the country's most polluted cities.
Chinese steel mills' April ferrochrome tender prices plunge: sources - Read this Platts metals news article here. Plus discover more metals market news, products & services.
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Chinese steelmakers have succeeded in a push to include domestic iron ore price indices in some 2018 annual supply contracts with global miners, four industry sources said, as the world's top buyer boosts its clout over pricing of major commodities.