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China intends to reduce the export tax rebate rate to restrict the export of steel bars and hot rolled coils

Statistics show that in January and February, China's finished steel exports increased nearly 30% year on year. Due to rising demand, exports are expected to continue to grow in March and April.

Wednesday, March 17, 2021

Inner Mongolia Jingan invests more than 600 million yuan to build EAF steelmaking plant

Inner Mongolia (Naiman) Jingan nonferrous metal materials Co., Ltd. plans to invest 610.9834 million yuan in the construction of electric furnace steelmaking plant casting, machining and steel structure manufacturing project.

Wednesday, March 17, 2021

In 2020, global crude stainless steel production will drop by about 2.5% to 50.892 million tons

According to the statistics released by the international stainless steel Forum (ISSF) on March 15, the global crude stainless steel output in 2020 will total 50.892 million tons, down about 2.5% from 52.218 million tons in the previous year.

Wednesday, March 17, 2021

Glencore merafe: Transnet utilization reduced to 40%, ferrochrome export in trouble

Merafe and Glencore's ferrochrome export business in South Africa has encountered major problems - the utilization rate of the railway and port facilities managed by Transnet, the South African state-owned transport company, is sometimes as low as 40%.

Wednesday, March 17, 2021

Fortescue looks at Brazilian hydrogen

The energy arm of iron-ore major Fortescue, Fortescue Future Industries (FFI) and a subsidiary of Prumo Logistica S.A, Porto do Açu Operações S.A. (Port of Açu), have signed a memorandum of understanding (MoU) to assess the opportunity to develop hydrogen-base...

Wednesday, March 17, 2021

Ferrosilicon Daily Express 3.17

This includes devices for desulfurization, dust elimination and wastewater treatment.

Wednesday, March 17, 2021

China's Five-Year Plan: Implications on China-Philippine ties

In the last three years, according to China's Ministry of Commerce, project contracts signed by Chinese enterprises in the Philippines increased 28 percent annually.

Wednesday, March 17, 2021

Inner Mongolia to shut down cryptocurrency mining projects in April

North China's Inner Mongolia autonomous region will shut down existing cryptocurrency mining projects by April 2021 and not approve any new ones.

Wednesday, March 17, 2021
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