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A Chinese Steel Giant Is Upsetting the Global Nickel Market

Nov 01, 2019 · Other indicators suggest theres plenty of supply in the physical market. For example, LME nickel prices now exceed those in China, the world's top consumer of the metal China overtakes Vietnam as India's top steel - S&P GlobalIn fiscal H1 exports to Vietnam rose to 1.61 million mt from 1.04 million mt a year earlier when it was Indian steel's top destination. India swung to a net steel exporter during H1 from a net importer a year earlier with exports at 6.54 million mt, a 66.3% surge year on year, while imports fell 50.6% to

China slowdown may impact metals markets, but next 2

1 day ago · Highlights Urbanization growth seen shifting to developing nations Inflation, weaker dollar to uphold near-term metals prices London An expected slow-down in Chinas economic growth rate may impact metals markets over the next decade, although the next two years look set for strong minerals commodities performance, analysts told a Brazil-organized mine industries conference this week. China steel, iron ore price support dependent - S&P GlobalThe Platts 62% Fe IODEX assessment rose to $85.05/dmt CGR China Tuesday, up almost $10/mt since Friday after a dam burst in Brazil threatened iron ore supplies. Wood Mac said it expected the Chinese market for iron ore will stagnate and decline over the longer term and India will pick up Copper climbs, gold flat on COVID vaccine news, China data Nov 16, 2020 · Industrial and base metals miners are on the rise after Moderna said its COVID-19 vaccine was 94.5% effective in a preliminary analysis, with a boost from better than expected Chinese

Current base metals news Fastmarkets

MORNING VIEW:Base metals prices, broader markets remain upbeat. The base metals were mixed this morning, Monday November 23, but the underlying trends remain bullish following recent fresh highs in most of the metals. Published on November 23, 2020 09:58 AM FEATURE:Who are China's top iron ore traders? Metal In 2013, the company reported an operating revenue of 414.65 billion yuan ($67.3 billion) and total profit of 6.472 billion yuan ($1.1 billion), which ranked it 192nd in the Fortune Global 500 and fifth among metal companies. China Minmetals has transformed itself from a traditional state-owned enterprise into an independently operated one. Global Steel Statistics & Analysis Metal BulletinChinas spot market steel inventories tumble in mid-November. Nov 25, 2020 @ 02:39 Track, chart, compare and export 950+ global metal, steel and scrap prices with Fastmarkets MB's pricing analysis tool. Top news stories. Chinas spot market steel inventories tumble in mid-November.

Latest Commodities News, Commodities Market News, News

Gold gains as weak U.S. jobless data stems Wall Street optimism Nov 25, 2020, 10:35 PM IST. Spot gold rose 0.3% to $1,812.66 an ounce at 10:15 a.m. EST (1515 GMT), having hit its lowest since July 17 at $1,800.01 on Tuesday. METALS-Vaccines, China demand and dollar drive copper to 2 days ago · Copper prices hit an almost 30-month high on Tuesday, with fresh buying triggered by optimism over COVID-19 vaccines, expected robust demand in top consumer China and a weaker dollar. Metal Bulletin>> View over 950 global steel and metals reference prices >> Chart and compare up to five different price series over a selected period of time The current pricing data is only available to subscribers, please login to see the data or take a trial .

Mining & Metals 2019:China and trade tensions top

China dominates both factors, mining and burning more coal than any other country, and it has increasingly looked to import higher-quality and less-polluting coal as part of its Clean Skies directive. That's put a squeeze on the seaborne market at the same time that many of the biggest producers start to turn their back on the fuel. US$ 14.9 bn MySteel Global - M&As embedded in Chinas Baowus next 5 Sep 22, 2020 · Mergers and acquisitions since 2016 have grown Chinas Baowu Steel Group (Baowu) into the worlds top steel producer as well as hitting its ambitious target of a 100 million tonnes/year steelmaking capacity one year ahead of schedule, and M&As will be a main theme in the companys next five-year development, Chen Derong, the company chairman, [] MySteel Global - Resurgent pandemic threatens Mongolian Nov 18, 2020 · The countrys coal became more popular among markets in China after the latter tightened restrictions on seaborne coking coal imports including those from Australia, MySteel Global notes. Some traders have continued to lift Mongolian coal prices recently after noting firm coking coal demand from Chinese end-users.

Overview China Iron Ore 2019 MB Events

Connecting global iron ore leaders and innovators in Beijing. Join local and regional professionals from across the iron and steel industry, for essential market insights and valuable relationship building opportunities.. You will hear from more than 20 expert speakers, including Rio Tinto, Fortescue Metals Group and Anglo American. Tencent pledges cooperation with Chinese antitrust Nov 12, 2020 · News of the proposed regulations on Tuesday wiped $290B of value from Tencent and in two days. Previously:, Tencent, JD among those most affected by China's proposed antitrust Whats Driving the Copper Market? - Investing News NetworkAlthough China is the second-largest producer of copper, the Asian nations aggressive infrastructure development means it still needs to import the red metal. In fact, China is responsible for

steel demand:Latest News on steel demand Top Stories

2 days ago · The global economic growth is expected to see a contraction of over 3 per cent in 2020, Tata Steel Chairman N Chandrasekaran said terming the slump as the "worst contraction" since the 1930s. A contraction in the global GDP is not at all a good sign for the global steel sector as steel demand is positively correlated with the economic growth. Mysteel - Prices, Data & News from the Chinese Metals MarketMysteel provide you with the latest China-centric insight to execute your strategy effectively in the global metal markets *In 2018, China accounted for 51.3% of global crude steel production.

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