News
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Tougher environmental law pressures China steel mills
Chinese steel mills, already struggling with falling prices and weakening demand, are facing higher costs and the risk of punishment as a result of tougher environmental legislation that came into effect on January 1 thi...
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China steel mills further reduce coke purchase prices: sources
China’s coke prices have declined obviously since February, as steel mills cut purchase prices while maintaining low purchases amid continued weakness in steel demand, sources said....
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CISA: China’s steel output may be peaking
China’s steel sector has already entered a period of peaking and flattening out, said Zhang Guangning, chairman of the China Iron & Steel Association (CISA), at its annual meeting on January 12....
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China Dec steel sector PMI slightly rebounds to 44.1
The Purchasing Managers Index (PMI) for the Chinese steel sector rebounded slightly to 44.1 in December last year, up 0.8 percentage points from November, showed data from the China Federation of Logistics and Purchasing...
Tags: steel ;China ;PMI -
China steel consumption to peak at 740 mln T in 2017
China's steel consumption will peak at 740 million tonnes in 2017, said Li Xingchuang, president of the China Metallurgical Industry Planning Association, at a Platts steel conference in Shanghai on November 27....
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Why a slowdown in Chinese steel production is a good sign
In the last part of this series, we discussed the slow pace of steel production in China. From the perspective of U.S. steel companies, this slowdown is actually a good sign....
