[www.ferro-alloys.com] Baosteel Group yesterday (21) announced that the shutting down one of its 17 years old of the 2500 cubic meter stainless steel blast furnaces operation, after the closure of Baosteel's stainless steel production will be reduced by 2.5 mi...

[www.ferro-alloys.com] China's domestically produced wheels for high-speed trains traveling faster than 250 kilometers per hour will be ready to replace the imported ones as early as in the first half of 2017, according to a leading Chinese train wheel maker. ...

[www.ferro-alloys.com] The spot price of iron ore fines 62% to China has increased. Current price of iron ore is being offering at US$50.74/ton, increasing by US$0.26/ton or 0.52% from the previous price. Meanwhile, the China Iron Ore Price Index (CIOPI) i...

[www.ferro-alloys.com] Chinese steelmaker Wuyang Iron and Steel Co. (Wugang) announced to lower its list prices for certain steel products for July. However, Wugang said it will hike list prices for cold rolled grain oriented steel (CRGO) by RMB500/ton. Af...

[www.ferro-alloys.com] Over the past two weeks, CIS pig iron exports prices dropped by US15/ton, to US$240~250/ton FOB. With global market demand for pig iron remained weak, as well as the global steel market prices continued falling, effecting CIS pig iron ex...

[www.ferro-alloys.com] The Chinese steelmaker Angang Steel Company announced to cut its HRC prices are at RMB200/ton for July. Meanwhile, the company also dropped its CRC prices are at RMB180-200/ton. After the announcement, those for SPCC CRC with thickness...

[www.ferro-alloys.com] China’s crude steel output increases in May. China, the world’s biggest producer continues to face the complaining from the world. China accounts for about half of global supply for the metal usage. Many mills have brought back idled...

[www.ferro-alloys.com] CIS’s rebar export market demand remained at a low level in this week. In fact, the rebar export prices have been dropped by US$57.5/ton, at US$4360~400/ton. Due to market demand remained weak, forced mills to drop the exports prices ...