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China regulates and consolidates domestic steel market

Aug 02, 2021 · China regulates and consolidates domestic steel market In recent days and weeks, the Chinese government has increasingly intervened in the domestic market. Not only for steel products ( end of some steel tax rebates and new export taxes ), but also for other metals and for Chinese technology companies. China steel consumption to plunge by up to 43 mil mt in Feb 06, 2020 · The China Iron & Steel Association reported that Chinese steel market inventories surged 35% from end December to 12.38 million mt on January 17. Market sources said depressed demand would see inventories surpass last year's peak of 22.32 million mt (also in

China steel exports rise sharply in July; market fears

2 days ago · Rising steel exports from China in July have stoked fresh concerns of a possible move to tax such shipments in the near future, sources said. Chinas finished steel exports in July rose 36% on Chinas Steel Industry Has Been Hit Hard By Its War On Mar 12, 2021 · In many emerging markets, economic growth has come at the stark price of appalling levels of pollution. But the Financial Times suggested that in China, home of the largest steel Chinas ferro-chrome market cools after July peak Metal 1 day ago · Chinas ferro-chrome market cools after July peak. Spot ferro-chrome prices in China continued to correct downward after peaking at a 13-year high point at the end of July, despite the continuing output restrictions caused by power supply limitations in a number of production regions. Fastmarkets price assessment for ferro-chrome, spot, 6

Iron and Steel industry news from all over the world

Aug 10, 2021 · China Unrivaled in Crude Steel Production 05 Jul 2021 Steel The World Steel Association recently announced that China Baowu Steel Group beat ArcelorMittal and became the worlds largest steel company last year, with a crude steel production volume of 115.29 NEWSBREAK:China to cancel more steel export rebates from Jul 29, 2021 · China last made changes to its tax rebates for steel exports on May 1, when it removed them for products such as hot-rolled coil and plate. In addition to the removal of the VAT rebate for steel exports such as CRC and HRC on Thursday July 29, Chinas finance ministry also announced an increase in export tariffs for pig iron and ferro-chrome. Shanghai Metals Market - Metal News of Copper, Aluminum Daily crude steel output at CISA key mills fell 5.56% in early July The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.14 million mt per day in the first ten days of July, down 5.56% from late June and up

Stainless Steel Market Summary in China |SS304 slumps by

Aug 10, 2021 · Chinas iron ore futures fell below 1,000(US$156)/MT on 5th August, down by more than 5% to its lowest level in recent two months, due to strict domestic steel production control. The price of the most active iron ore futures for September settlement on the Dalian Commodity Exchange plummeted 5.6% to 999(US$154.54) per ton, which is the Steel Hits Fresh Highs in China as Output Curbs in Sharp Apr 23, 2021 · Steel futures in China reached new highs as investors weighed the nations commitment to lowering production against its strong demand. Rebar in Shanghai climbed to the highest level since Yieh Corp., stainless steel manufacturer, steel flat Daily NewsMore Market News. Government policies. President Putin:Russia to increase taxes on metal & mining industries in 2022. Industry activities. China's steel market declines as steel production restriction policy expectation weakening. Stainless steel. Stainless steel import price in East Asia market increases. Industry activities

China steel exports rise sharply in July; market fears

Aug 09, 2021 · High exports undercut China's efforts to curb steel production. Rising steel exports from China in July have stoked fresh concerns of a possible move to tax such shipments in the near future, sources said. Not registered?. Receive daily email alerts, subscriber notes & personalize your experience. China's finished steel exports