Steel Capacity | Mysteel Global

Capacity
Steel Non-Ferrous

Date:

China to continue scrapping excess coal capacity in 2020 Mar 31, 2020

China will continue removing excess and inefficient coal capacity nationwide during 2020, Mysteel Global has learned. Though no detailed capacity task has been released by Beijing yet, some of the country’s leading coal mining provinces and regions have already announced fresh plans for scrapping coal-mining capacity this year.
Impact of COVID-19 on Indian Steel Industry Mar 25, 2020

Imposition of lock down to prevent the spread of COVID-19 has weighed down market sentiments in Indian steel industry. Below listed are the impacts seen -
Shandong’s coking capacity cuts behind schedule – again? Mar 25, 2020

As part of plans to continue eliminating small-sized and inefficient coking capacity in 2020, Shandong province in East China is supposedly working towards achieving specific targets announced for completion within this month and by end-April respectively. However, a new Mysteel survey shows that the province’s work at removing capacity seems behind schedule because by last week, none of the facilities listed for closure in March had been touched.
Tianjin eyes three mills for closure in emissions battle Mar 16, 2020

The government of Tianjin municipality in North China intends to order the closure of three integrated steel mills in 2020, as part of the city’s fight to “safeguard blue skies”, Mysteel Global learnt from a government notice published on March 11.
China’s warehouses groaning with steel, ports congested Mar 06, 2020

Chinese warehouses storing steel long products such as rebar, wire rod and bar-in-coil are reaching full capacity, while major ports are congested with vessels full of construction steel queuing to be unloaded, Mysteel’s latest survey published on Thursday indicated. Inventories have swollen as steel demand has plummeted under the impact of China’s fight against COVID-19.
China’s coal mine resumption rate rises to 83.4% Mar 05, 2020

Coal mine operations across China are steadily recovering from the Chinese New Year break and the impact of coronavirus disease (COVID-19) since early February, with the capacity utilization rate as of March 3 rising to 83.4%, according to official data from China’s National Energy Administration.
Hebei stays China’s top steel producing province in ’19 Mar 04, 2020

North China’s Hebei province produced 241.6 million tonnes of crude steel in 2019, contributing 24.2% to the country’s total and maintaining its position as the top steel-producing base among 31 Chinese provinces, municipalities and autonomous regions, according to recent statistics from China’s National Bureau of Statistics (NBS).
Desheng Stainless to delay HR mill commissioning on virus Feb 28, 2020

Baosteel Desheng Stainless Steel Co (Desheng) will probably not be able to commission its 1,780mm hot rolling mill on September 28 as per schedule in Fuzhou city, Southeast China’s Fujian province because of the outbreak of the novel coronavirus disease (COVID-19), a company official disclosed on February 27.
Dexin Steel ignites 1st blast furnace in Indonesia Feb 24, 2020

The Chinese-Indonesian joint venture PT Dexin Steel Indonesia (Dexin Steel) blew-in the first of a pair of 1,780 cu m blast furnaces at its steelworks in the Indonesia Morowali Industrial Park (IMIP) in Central Sulawesi province on February 21 after nearly two years of construction, according to a release the same day from WISDRI Engineering & Research Incorporation (WISDRI), the project’s building contractor.
Over 70% of Chinese coal capacity now back at work Feb 21, 2020

As of February 17, some 70.2% of Chinese mining coal capacity had resumed work, with 1,274 mines or 2.9 billion tonnes/year of capacity in operation, China Central Television reported Tuesday, based on data from the country’s National Energy Administration (NEA).
MYSTEEL: 60% Chinese steel producers resume operation Feb 14, 2020

As of February 13, nearly 60% of Chinese steel producers had resumed operations after the Chinese New Year (CNY) holiday over January 24-February 2, but the production status varies widely among the three different types of steel producers, according to Mysteel’s latest investigation across 231 domestic steel mills.
JSW Steel Bags Second Iron Ore Mine in Odisha Feb 04, 2020

After winning Nuagaon mines, JSW Steel has won Narayanposhi iron ore mine block in Odisha under the ongoing auctions of the leases that are due to expire in 31 Mar'20.
Shaanxi recognizes 42 coal mines with good safety records Jan 15, 2020

Following Beijing’s guidance, Shaanxi province’s Administration of Coal Mine Safety in Northwest China has completed a classification of all the province’s coal mines based on their ability to minimize risks in their mining operations and to elevate safety. Among the total, 42 mines hosting a total 163.8 million tonnes/year of raw coal capacity were recognised as having a high degree of safety, according to a recent notification from the administration.
China’s Shandong up to speed with coking de-capacity plan Jan 14, 2020

Shandong in East China has finally caught up with its schedule in eliminating the province’s excess coking capacity, and as of January 10, about 9 million tonnes/year of capacity had been cut, according to Mysteel’s tracking.
Shanxi cuts 27 million t/y excess coal capacity in 2019 Jan 09, 2020

China’s core coal mining province of Shanxi removed about 27.5 million tonnes/year of excess coal mining capacity during the course of last year, via permanently shutting down 18 coal mines with 19 million t/y of capacity in total and reducing by 8.5 million t/y, capacity from six other mines, according to a report by Xinhua News Agency and re-posted by the central government on January 7.
Hebei to cut another 14 mln t/y steel capacity in 2020 Jan 09, 2020

North China’s Hebei, the country’s top steel-producing province, has vowed to cut another 14 million tonnes/year of iron-making and steel production capacity in 2020, an official from the Hebei Development and Reform Commission confirmed on Wednesday. This year is the last for the province to the meet the target set it by the central government to eliminate a total of 40 million t/y of capacity over 2018-2020, Mysteel Global notes.
Linyi Steel’s stainless project closer to building start Jan 08, 2020

Linyi Iron & Steel Investment Group (Linyi Steel Investment) is getting closer to beginning construction on its 700,000 tonnes/year stainless steel project in Linyi, East China’s Shandong province, with its environmental impact assessment report now under the approval process of the local government’s environmental department, an official with the department confirmed on January 7.
Shanxi Lvliang aims to scrap 4 mln t/y of coking capacity Jan 03, 2020

Lvliang city, home to the largest number of coke plants in North China’s Shanxi province, plans to cut 3.7 million tonnes/year of excess coking capacity at six coking plants under its jurisdiction within this year, according to a recent notification by the city authority overseeing the elimination of excess industry capacity.
Shandong cuts more coke capacity but buys more time Jan 02, 2020

The provincial government of Shandong in East China has proposed another schedule for eliminating inefficient and surplus coke-making capacity in the province after the earlier deadline was missed. However, Mysteel Global estimates that under the revised plan, one less coke plant will be affected and the volume to be scrapped by end-April will be slightly less than that initially targeted for closure.
FEATURE: Chonggang - Baowu’s next merger target Jan 02, 2020

China Baowu Steel Group Co (Baowu), China’s top steel producer or the world’s second largest with a 90 million tonnes/year capacity, expressed its intention clearly to directly control the 8.4 million t/y Chongqing Iron & Steel Group (Chonggang) in Southwest China’s Chongqing instead of through an invested arm, which will enable Bawu to be just an inch away from its 100 million t/y target, market pundits shared at the end of 2019.

Pre 1 2 3 4 5 Next

Product	Grade	Size	Price	Chg	Port
Billet	3SP/Q235	150*150	490	0	Tianjin
Rebar	HRB400	20*12	500	-10	Tianjin
HRC	Q235B	5.51500C	518	-15	Talian
Plate	Q345B	1218002000	515	-20	Tianjin
CRC	SPCC	1.0*1250	535	0	Tianjin
Galvanized	SGCC	0.31000C	665	0	Tianjin

Capacity
Steel Non-Ferrous

China to continue scrapping excess coal capacity in 2020 Mar 31, 2020

Impact of COVID-19 on Indian Steel Industry Mar 25, 2020

Shandong’s coking capacity cuts behind schedule – again? Mar 25, 2020

Tianjin eyes three mills for closure in emissions battle Mar 16, 2020

China’s warehouses groaning with steel, ports congested Mar 06, 2020

China’s coal mine resumption rate rises to 83.4% Mar 05, 2020

Hebei stays China’s top steel producing province in ’19 Mar 04, 2020

Desheng Stainless to delay HR mill commissioning on virus Feb 28, 2020

Dexin Steel ignites 1st blast furnace in Indonesia Feb 24, 2020

Over 70% of Chinese coal capacity now back at work Feb 21, 2020

MYSTEEL: 60% Chinese steel producers resume operation Feb 14, 2020

JSW Steel Bags Second Iron Ore Mine in Odisha Feb 04, 2020

Shaanxi recognizes 42 coal mines with good safety records Jan 15, 2020

China’s Shandong up to speed with coking de-capacity plan Jan 14, 2020

Shanxi cuts 27 million t/y excess coal capacity in 2019 Jan 09, 2020

Hebei to cut another 14 mln t/y steel capacity in 2020 Jan 09, 2020

Linyi Steel’s stainless project closer to building start Jan 08, 2020

Shanxi Lvliang aims to scrap 4 mln t/y of coking capacity Jan 03, 2020

Shandong cuts more coke capacity but buys more time Jan 02, 2020

FEATURE: Chonggang - Baowu’s next merger target Jan 02, 2020

Daily Prices

Prices Summarization

FOB prices of steel products on August 6

Capacity Steel Non-Ferrous

China to continue scrapping excess coal capacity in 2020 Mar 31, 2020

Impact of COVID-19 on Indian Steel Industry Mar 25, 2020

Shandong’s coking capacity cuts behind schedule – again? Mar 25, 2020

Tianjin eyes three mills for closure in emissions battle Mar 16, 2020

China’s warehouses groaning with steel, ports congested Mar 06, 2020

China’s coal mine resumption rate rises to 83.4% Mar 05, 2020

Hebei stays China’s top steel producing province in ’19 Mar 04, 2020

Desheng Stainless to delay HR mill commissioning on virus Feb 28, 2020

Dexin Steel ignites 1st blast furnace in Indonesia Feb 24, 2020

Over 70% of Chinese coal capacity now back at work Feb 21, 2020

MYSTEEL: 60% Chinese steel producers resume operation Feb 14, 2020

JSW Steel Bags Second Iron Ore Mine in Odisha Feb 04, 2020

Shaanxi recognizes 42 coal mines with good safety records Jan 15, 2020

China’s Shandong up to speed with coking de-capacity plan Jan 14, 2020

Shanxi cuts 27 million t/y excess coal capacity in 2019 Jan 09, 2020

Hebei to cut another 14 mln t/y steel capacity in 2020 Jan 09, 2020

Linyi Steel’s stainless project closer to building start Jan 08, 2020

Shanxi Lvliang aims to scrap 4 mln t/y of coking capacity Jan 03, 2020

Shandong cuts more coke capacity but buys more time Jan 02, 2020

FEATURE: Chonggang - Baowu’s next merger target Jan 02, 2020

Daily Prices

Prices Summarization

FOB prices of steel products on August 6

Capacity
Steel Non-Ferrous