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Information Week China steel market to date 01/26/2016
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Statistics show that in the month 11/2015, nickel ore imports of China reached 62,581.9 tons, a slight decrease of 0.1% compared with 62,665.2 tonnes. In the first 11 months of 2015, imports of Chinese nickel ore DTJ 626,616.4 tons.
Among them, China has imported 35,672.4 tons of nickel ore from Indonesia, down 8.6% compared with the previous month. In the first 11 months of 2015, 9975.2 tons of iron ore imports nickel from New Caledonia, an increase of 92.5% compared with the previous month.
Shagang Group China will dissipation rebar, wire rod
The steelmaker Shagang Group China said it would raise the price of rebar by 50 yuan / ton delivery Last month 1/2016.
After adjustment, ex-works prices for rebar with diameters 16-25mm HRB400 will be at 1,950 yuan / ton.
In addition, ex-works prices for rolled steel will be at 2,110 HPB400 yuan / ton, up 50 yuan / ton compared to the previous price.
CAS: Chinese crude steel output is expected to fall in 2016
In economic forecasting conference, the Chinese Academy of Sciences (CAS), said iron and steel industry of China will continue to remain low in 2016.
CAS predicted that crude steel production in China is expected to 7.86 billion tons in DTJ 2016, down 3% from the previous year. Steel output expected DTJ 1.111 billion tonnes, down 1.5% from the previous year.
Currently, the most important thing that China needs to resolve the current surplus capacity in the steel industry, to improve the financial situation for the steel industry.
China's iron ore imports in 12/2015 rose
Chinese customs statistics said, in 12/2015, iron ore imports of China reached 96.27 million tons, up 10.8% from the same month last year, the highest monthly imports in 2015.
In 2015, China imported 952.72 million tons of iron ore, up 2.2% from a year earlier, to 38 million tonnes.
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