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Production margins at steel mills down in September

The production margins of steel mills moved down over September 14-17, as feedstock billet remained high in spite of persistent drops and the product prices fell dragged down slack demand.

09-17-2020 14:34:30

Steel mills cut operating rate on slack demand

Shandong (JLC), January 10, 2020--Steel mills began to lower operating rate of their production lines from January 6 due to few transactions as downstream demand will end with the coming of China’s Spring Festival holiday.

01-15-2020 11:56:45

Steel mills issue winter stocking policies

Steel mills unveiled winter stocking policies in the week ended January 26th, after traders restocked actively.

01-25-2018 16:28:17

Steel scrap market stabilizes on the centralized restocking in steel mills

China steel scrap price surged amid the the tight supply since mid-November. As for the fundamentals, steel scrap price will not decline amid the bullish sentiment in the market, in light of the output limitation policy in the north and the stringent pro-environment inspection.

12-14-2017 17:02:17

Fat profits unsustainable for steel mills

Steel mills realized a decent profit of CNY1,000/mt for rebar production when prices were at lofty levels at the start of the year, versus a reasonable range of CNY300-500/mt. However, rebar prices have begun to decline recently.

04-28-2017 09:27:07

Cleaner, but not leaner: China steel mills defy capacity cutbacks

Chinese steel mills are becoming cleaner every month as Beijing pushes to curb its smoke-stack industries. But they’re not getting any leaner.

10-24-2016 14:34:53

China's Hebei imposes "special emission" limits on steel mills

China’s Hebei province, the country’s biggest steelmaking region, has imposed what it calls “special emission restrictions” on local mills as part of its war on smog, according to a policy document

10-17-2016 08:59:13

Chinese steel mills' choice of non-traditional seaborne iron ore

At a time of low iron ore prices, many non-traditional iron ore mines have been forced to shut down due to high cost, and steel mills in China, the largest iron ore consumer in the world, show preference to traditional ores for their high Fe content and low impurity.

09-13-2016 15:10:58

Steel mill restarts PK. furnace dismantling under profit enticing

According to data, of the 16.47 million mt/yr of iron-making capacity to be cut by Hebei province from August to November, 11.8 million mt/yr is still operating and generating decent profits.

09-12-2016 11:45:45

Hebei unveils a list of steel mills required to cut overcapacity by end-Nov

According to the Hebei Development and Reform Commission, Hebei province unveiled a list of steel mills and facilities required to cut overcapacity by the end of November in 2016.

08-25-2016 11:28:12

CISA: China iron ore market vibrates upwards amid lower supply & decent steel mill profits

China iron ore market vibrated upwards in July, with 52%-Fe Iron Ore Index averaged at $57.17/dmt, up by 10.13% MoM.

08-23-2016 17:33:33

Steel mills at verge of loss; iron ore prices likely to fall

With oversupply lingering and demand fading, foreign quotes for Australian 62%-Fe iron ore might dip to $50/mt in the coming market.

05-20-2016 17:27:04

China's top 10 steel mills controlled 34.2% of total capacity at end-2015

China’s 10 largest steel mills controlled 34.2% of the country’s total capacity at the end of last year, well below a 60% target set by the government。

05-17-2016 16:36:55

Tangshan govt unveils a list of steel mills to be affected by 2016 WHE

Tangshan municipal government releases the Plan on Air Quality Guarantee in the 2016 World Horticultural Exposition the other day, saying mandatory emission reduction measures will be taken at critical periods during the exposition.

03-22-2016 10:42:08

Some steel mills lift EXW prices by over CNY100/mt

Some steel mills in Shandong, Henan, Hebei, Anhui and Shaanxi have lifted EXW prices by over CNY100/mt. Traders across the country are keeping a close eye at billet price movement.

03-09-2016 15:32:37

Tight cash flow leads to massive closures at steel mills in Shanxi

A lot of steel mills in Shanxi were forced to shut down or arrange equipment maintenance lately amid continuously falling steel prices, muted demand and tight cash flow.

12-10-2015 15:21:40

Different steel mills' coking coal purchase cost registers a CNY246/mt spread

At a time of oversupply, cost advantage is extremely significant for producers to remain revival.

09-11-2015 11:40:47

Explosions at Tianjin port delay some iron ore deliveries to steel mills

Massive explosions late Wednesday at north China’s Tianjin port have closed main roads connected to two iron ore loading areas at the port, resulting in delays in iron ore deliveries to some steel mills, industry sources said Thursday.

08-14-2015 17:47:36

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