WEEKLY: China EAF mills buckle as losses bite
More Chinese electric-arc-furnace (EAF) steelmakers reduced production or suspended operations this week as the steel price plunge caused more mills to suffer negative margins, the results of Mysteel's latest survey showed.
Mar 29, 2024 15:00
WEEKLY: China's BF capacity use stable at 82.76%
The blast furnace (BF) capacity utilization rate among the 247 Chinese steel producers under Mysteel's regular tracking stood largely stable on week at 82.76% during March 22-28, though it dipped 0.03 percentage point from the previous week.
Mar 29, 2024 11:00
Russia's MMK takes more actions for nature conservation
Russia's Magnitogorsk Iron & Steel Works (MMK) continues to actively develop its environmental protection activities, having allocated more than 19 billion roubles ($207.8 million) for this purpose last year, the rating agency Rusmet reported. Of this amount, 15 billion roubles were allocated for ca
Mar 29, 2024 09:30
Survey: China's BFs maintenance 2024.03.29
Mysteel weekly survey of China's BFs maintenance. Note: 1. "daily molten iron output" refers to the averaged daily molten iron output over the weekly survey period from last Friday to this Thursday; 2. BF Operating Rate = number of BFs in operation/number of BFs surveyed; 3. Capacity Utilization R
Mar 29, 2024 08:40
Mysteel Daily Price Express 2024.3.28
Mysteel daily survey on China's ferrous market, covering major steel products prices and price indices of iron ore, coal and coke. Mysteel major steel products prices Mysteel iron ore price indices Mysteel coal and coke price indices Edited by Irene Zhuang, zhuangailing@mysteel.com Disc
Mar 28, 2024 19:23
Mysteel Daily Price Express 2024.3.27
Mysteel daily survey on China's ferrous market, covering major steel products prices and price indices of iron ore, coal and coke. Mysteel major steel products prices Mysteel iron ore price indices Mysteel coal and coke price indices Edited by Adele Pan, panqinjie@mysteel.com Disclaimer
Mar 27, 2024 19:16
China's CMRG establishes unit for international trading business
China Mineral Resources Group (CMRG), the state-owned company managing domestic mineral resources, has set up a new company to handle mineral sales and trading business recently, Mysteel Global learned.
Mar 27, 2024 12:00
NBS: China industrial firms' Jan-Feb profits rise 10% YoY
China's sizable industrial firms posted a 10.2% on-year rise in their profits in the first two months of this year, with the total value reaching Yuan 914.06 billion ($126.5 billion), according to the data released by the country's National Bureau of Statistics (NBS) on Wednesday morning.
Mar 27, 2024 11:35
Prices for rolled steel products rise in Russia
Since the beginning of 2024, prices of various types of rolled steel used in Russia's construction industry have continued an upward trend, the rating agency Rusmet reported.
Mar 27, 2024 09:30
NEA: China's installed power capacity gains 15% YoY by end-Feb
China's total installed power generation capacity reached 2.97 billion kilowatts (kW) as of the end of February 2024, rising by 14.7% compared with the year-earlier level, according to new data released by the National Energy Administration (NEA) on March 25.
Mar 26, 2024 15:35
HR pickled coil prices: Shanghai
Square billet EXW prices: Tangshan major mills
Coking coal prices: Yuncheng
Seaborne manganese ore offering prices: CIF China
Construction steel procurement prices: Jinan