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Jianlong Xilin steel output hit record 4 mln t in 2019 Jan 13, 2020

Jianlong Xilin Iron & Steel Group (Xilin Steel), achieved a record high steel output of s4 million tonnes in 2019, up 39% or 1.12 million tonnes after the first-year restructuring by the Beijing-headquartered Jianlong Heavy Industry Group (Jianlong Group) since the end of 2018, according to a release of Jianlong Group on its official Wechat account on January 8.
Tsingshan’s crude stainless steel output up 23% for 2019 Jan 10, 2020

Tsingshan Steel Group, China’s largest stainless steel producer headquartered in East China’s Zhejiang province, saw its crude stainless steel production up 23% on year to 11.4 million tonnes in 2019, Mysteel’s stainless analysis team understood from the company.
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.
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.
Taiwan’s Yusco Jan stainless price for local sales flat Jan 02, 2020

Yieh United Steel Corp (Yusco), Taiwan’s top integrated stainless producer headquartered in Kaohsiung of South Taiwan, has rolled over its stainless prices for local sales for the first month of 2020 despite noting some signs of nickel price strengthening, a company official confirmed on Tuesday.
WRAP-UP: Ten major news in China 2019 steel market - 2 Dec 31, 2019

After a rather prosperous 2018, Chinese steel mills have experienced a rather bumpy 2019 with the biggest challenge coming from the soaring raw material costs primarily because of iron ore. The country’s overall steel output in line with substantial growth in demand, nevertheless, still grew substantially with Beijing’s making great efforts to boost domestic demand via infrastructure construction.
India: Vizag Steel issues spot steel exports notice Dec 30, 2019

Rashtriya Ispat Nigam Limited (RINL)- state-owned steel maker under the Ministry of Steel, has issued spot sales notice for export of 10,000 MT bloom, 10,000 MT billet & 10,000 MT wire rod coils.
Xiangyu, Delong to run new Indonesian SS plant in H1 2020 Dec 27, 2019

Xiamen Xiangyu Group Co (XMXYG), a state-owned investment conglomerate and Jiangsu Delong Nickel Industry Co (Delong Nickel) are going to commission a 2.5 million tonnes/year stainless steel project as part of their investments in Indonesia in the first half of 2020, a XMXYG company official confirmed on December 26.
POSCO explosions injure 5, steel production unaffected Dec 25, 2019

Explosions occurred at a ferromanganese plant located inside POSCO’s Gwangyang works on the afternoon of December 24 which injured five employees. However, production at the steel plant on the southern Korean coast has not been affected, Mysteel Global understands.
Taiwan’s CSC posts first lossmaking in Nov in four years Dec 23, 2019

China Steel Corporation (CSC), Taiwan’s top steel producer headquartered in Kaohsiung, South Taiwan, posted the first monthly lossmaking in November since February 2016 because of continuing price declines throughout 2019, and steel sales volume declined for the fourth month, according to the company’s latest monthly report.
ArcelorMittal, Nippon Steel take over Essar Steel Dec 18, 2019

ArcelorMittal announces that it has today completed the acquisition of Essar Steel India Limited (ESIL), and simultaneously established a joint venture with Nippon Steel Corporation (‘Nippon Steel’), called ArcelorMittal Nippon Steel India Ltd (‘AM/NS India’), which will own and operate ESIL. ArcelorMittal holds 60 percent of AM/NS India, with Nippon Steel holding the balance.
Zenith reveals 1-stage plan to move to coastal Nantong Dec 17, 2019

Zenith Steel Group (Zenith), now located in the inland city of Changzhou in East China’s Jiangsu province, has rolled out a detailed first-stage plan to move to Nantong, a coastal city also in Jiangsu around 100km east of Changzhou, a company official has confirmed.
ArcelorMittal initiates payment for Essar Steel takeover Dec 17, 2019

Arcelor Mittal, the world’s largest steel manufacturer initiated payment of INR 42,000 crore for the acquisition of debt-ridden Essar Steel. As per reports, payment from Arcelor Mittal has started flowing and entire payment is expected to be cleared in a day or two.
Shagang revises steelmaking facility upgrading plan Dec 13, 2019

Shagang Group, China’s largest private steel producer in East China’s Jiangsu province, has revised its steelmaking facility upgrading plan by adding a 90-tonne electrical arc furnace (EAF) to be scrapped in exchange for a 130-t EAF in the latest notice for public review over December 12-18, an official from the Industry and Information Technology Department of Jiangsu (Jiangsu IITD) confirmed on Thursday.
India: OMC chrome ore dispatches dropped 3.5% in Nov 19 Dec 13, 2019

Dispatches of Chrome Ore by Odisha miners have increased by almost 3% in Nov’19 M-o-M. TATA Steel remained the largest miner to dispatch 148,128 MT of Chrome Ore in Nov’19, which was 8% higher as compared to the previous month. TATA Steel held only 7% of the total quantity for captive use. Meanwhile, dispatches to TS alloys increased by 30% M-o-M with a quantity of 14,403MT, which was also 10% of the total dispatches from TATA Steel. Aarti Steel and Nava Bharat ventures remained the largest buyers of Chrome Ore from TATA Steel with 15% and 14% of the total dispatches.
Shagang keeps rebar price stable amid positive outlook Dec 11, 2019

Shagang Group, China’s largest private steel producer based in East China’s Jiangsu province, will roll over its rebar list price for sales over December 11-20, the mill announced on Wednesday. The steelmaker wants to firmly support the price, despite the recent weakness in the domestic market, a Shagang official explained to Mysteel Global.
Jinxi Steel buys more quotas for Fangchenggang relocation Dec 06, 2019

Hebei Jinxi Iron & Steel Group (Jinxi), China’s leading section steel producer headquartered in Beijing, has secured another 1.35 million tonnes/year steel capacity for its final location to the Fangchenggang city, Southwest China’s Guangxi with a 10 million t/y greenfield steelworks, a company official confirmed on December 5.
Rizhao Steel to add on 5 million t/y ironmaking capacity Dec 05, 2019

Rizhao Steel Holding Group Co, a privately-owned steel producer in East China’s Shandong province, will add on 5 million tonnes/year ironmaking capacity via building two 3,000 cu m blast furnaces, a company official confirmed on December 4.
Shagang tweaks longs sales prices higher for early Dec Dec 02, 2019

Shagang Group, China’s largest privately-owned steelmaker headquartered at Zhangjiagang, East China’s Jiangsu province, has nudged its long steel prices slightly higher for sales over December 1-10, by adding Yuan 50/tonne ($7.1/t) to its rebar, wire rod and bar-in-coil prices from the prior ten days, according to the company’s latest pricing policy released on Saturday.
Two Chinese state-owned shipbuilders merge Nov 29, 2019

Two wholly state-owned Chinese shipbuilders formally integrated into a single shipbuilding giant on November 26, a union seen as helping to improve industry concentration, expand the enterprise’s scale and enhance its competitiveness. However, industry watchers canvassed by Mysteel Global on November 29 cautioned that any positive influence from the merger will not show itself in the market in the short run.

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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

Company

Jianlong Xilin steel output hit record 4 mln t in 2019 Jan 13, 2020

Tsingshan’s crude stainless steel output up 23% for 2019 Jan 10, 2020

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

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

Taiwan’s Yusco Jan stainless price for local sales flat Jan 02, 2020

WRAP-UP: Ten major news in China 2019 steel market - 2 Dec 31, 2019

India: Vizag Steel issues spot steel exports notice Dec 30, 2019

Xiangyu, Delong to run new Indonesian SS plant in H1 2020 Dec 27, 2019

POSCO explosions injure 5, steel production unaffected Dec 25, 2019

Taiwan’s CSC posts first lossmaking in Nov in four years Dec 23, 2019

ArcelorMittal, Nippon Steel take over Essar Steel Dec 18, 2019

Zenith reveals 1-stage plan to move to coastal Nantong Dec 17, 2019

ArcelorMittal initiates payment for Essar Steel takeover Dec 17, 2019

Shagang revises steelmaking facility upgrading plan Dec 13, 2019

India: OMC chrome ore dispatches dropped 3.5% in Nov 19 Dec 13, 2019

Shagang keeps rebar price stable amid positive outlook Dec 11, 2019

Jinxi Steel buys more quotas for Fangchenggang relocation Dec 06, 2019

Rizhao Steel to add on 5 million t/y ironmaking capacity Dec 05, 2019

Shagang tweaks longs sales prices higher for early Dec Dec 02, 2019

Two Chinese state-owned shipbuilders merge Nov 29, 2019

Daily Prices

Prices Summarization

FOB prices of steel products on August 6