China insight
China's foreign trade with Australia down 0.1% in 2020
Its main imports from Australia last year included iron ore and natural gas, which took up 70.6 percent of the total Chinese imports from Australia. |
Many iron and steel enterprises announced their revenue and production in 2020
Recently, a number of iron and steel enterprises announced their business revenue and production in 2020. |
Steel prices fluctuate high, so steel traders are not enthusiastic about winter storage
Recently, the steel price shows a high fluctuation trend. Affected by the price and future expectations, the enthusiasm of steel traders for winter storage is not high as a whole. |
In 2020, the net profit will increase substantially, and Angang Group will make great efforts to promote the market-oriented reform with remarkable results
For Anshan Iron and Steel Group, 2020 is the key year to push forward market-oriented reform. |
China's output of crude steel in 2020 was 1.053 billion tons, up 5.2% from the same period last year
According to the National Bureau of Statistics, in 2020, China's crude steel output exceeded 1 billion tons, reaching 1.053 billion tons. |
China's GDP exceeded 100 trillion yuan for the first time
China's GDP exceeded 100 trillion yuan for the first time |
The import of iron ore will increase by 9.5% in 2020 and will remain high in 2021
According to the statistics of the General Administration of Customs, in December 2020, China imported 96.746 million tons of iron ore, with a month on month decrease of 1.404 million tons or 1.4%; the average price was 121.4 $/T, with a month on month increas... |
Why Hebei has become the world's largest steel Province contributing 1/8 of the world's crude steel?
With the industrialization of the world, the demand for steel and the output of steel-making are increasing year by year. |
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