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NBS: China's Jan-May steel output decrease slows to 8.7%

The slower on-year loss was primarily attributed to the further healing in outcome last month. For May alone, China produced 96.6 million tonnes of crude steel, down 3.5% on year, while the country's everyday crude steel output averaged 3.12...


India: Slow demand keeps weighing on HRC trade-level prices

The domestic profession market prices of hot-rolled coils (HRC) and cold-rolled coils (CRC) remained to move southward. Bearish beliefs and low acquiring passion in both residential as well as international HRC markets are considering on the...


Rio Tinto delivers first ore from Gudai-Darri mine

As Rio Tinto's first greenfield mine in Pilbara in greater than a years, Gudai-Darri will help underpin future production of the company's front runner Pilbara Blend product, with an expected life of greater than 40 years as well as an abili...


How is India iron ore industry faring post-export duty imposition?

Early morning Short: The entire Indian steel market is still reeling under the export responsibility just recently enforced by the federal government. Exactly how is the iron ore as well as pellets segment faring specifically because the deg...


NBS: China Jan-May coal output up 10.4%, coke down 0.5%

The greater on-year coal production in May followed the demand of the central government that miners enhance coal outcome to guarantee adequate electrical energy materials to match the stronger demand throughout the summertime, as well as to...


Japan's May steel exports up 8.7% on year on weaker Yen

Japan's May steel exports were also 11.1% higher on month. And also sources thought it was partially as a result of slower loading of shipments in April due to the fact that it was right after the high delivery level seen in March in the dir...


NBS: China's Jan-May pig iron output falls 5.9% on year

The rate of the decrease reduced due to the fact that in May alone, residential pig iron result surged to a record high of 80.49 million tonnes, the information revealed, increasing by 3.7 million tonnes or 4.8% on month as well as 2% on yea...


INFOGRAPH: High output, dull demand crimp China steel prices in May

At the same time, Mysteel's most current survey among 247 Chinese steel producers regarding their blast heater (BF) capacity application price exhibited the very same trend, with the tasted mills' BF ability usage balancing 88.5% last month,...


Indonesia coal exports to China plunge 58.5% on week

The on-week slump was because of the downpour in Kalimantan which contributes significant coal production in Indonesia, in addition to lower-than-expected power demand with the regular rainfalls in southerly regions of China. In feedback to...


Shagang cuts another $7.5/t off steel scrap buying prices

With the most recent rate cut, the mill, headquartered in Zhangjianggang of East China's Jiangsu, is paying Yuan 3,770-3,780/ t for domestically-produced HMS quality steel scrap consisting of both the distribution as well as the barrel, acco...