-
Chinese steelmakers whose facilities satisfy the environmental protection criteria compiled by the Ministry of Industry and Information Technology (MIIT) may still be prevented from operating their plants fully during the coming period of production curtailments for winter, Mysteel has learned.
-
Market participants in East China anticipate little affection on the local steel mills even if the speculated three-month winter restriction in China’s Yangtze River Deltacovering mostly East China becomes a reality in the end.
A draftplan on the possible curbing over steel, coal and coke sectors over November-February in East China
-
Handan City, one of the two major steel production bases in North China’s Hebei province besides Tangshan, has drafted a production curtailment plan it hopes industrial enterprises will observe during the winter months which could see operative capacity among blast furnace steelmakers under its supervision slashed by 42%-51%.
The 100-page long
-
The Purchasing
Managers’Index for China’s domestic steel industry declined further for
the second consecutive month in September,
down 1.4basis points on
month to 52, according to the latest release by the index compiler - CFLP Steel
Logistics Professional Committee (CSLPC) on September 30, mainly as steel
production and stocks were on the rise while demand softened
-
The Tangshan Q235 billet price dropped to nearly two-month low at Yuan 3,840/tonne ($565/t)EXW and including the 16% VAT on September 30, the last working day before China’s National Day holiday on October 1-5, even though it rebounded Yuan 20/t day on day, amid the growing concern upon the domestic
-
Beijing’s shift of its focus onto detailed air pollution
control guidelines for the “2+26” cities over October 1-March 31 2019, which
differs from the specific and detailed blanket control over polluting
industries including steel on their capacities,will by no meanssuggest “the loosening in control or lower severity
in essence from the 2017 winter”, according
-
The local government of Xingtai City in North China’s Hebei province is beefing up efforts to reduce excesssteel capacity and accelerate the relocation of industrial enterprises from urban centres in response to provincial and central government pressure to improve air quality, market sources said.
In a post on its website earlier
-
Tangshan city, host to the largest number of steelmakers in North China’s Hebei province, has finalized guidelines for production curtailments at industrial enterprises including steelmakers during the coming winter months spanning October 2018-March 2019, a guide that if adhered too rigorously could have a negative impact on supply, some warn.
The
-
Steel mills in Linfen, a major steel production base in North China's Shanxi province, will be imposed on a new round of restrictions on their blast furnaces’ capacity utilization rate over September 21-Ocotober 10 because of the local air pollution, according to the market sources.
Linfen was ranked the most polluted
-
Steel
trading in South China has been disrupted but is expected to resume in a few
days after the terrifying Typhoon Mangkhut that swiped the region on September 16,
bringing along torrential rains and strong winds that halted local construction
works, Mysteel understands from market sources on September 17.
The
typhoon landed Jiangmen, South China’s Guangdong
-
Authorities in North China’s Tianjin
municipality have found two small factories operating ‘illegal’ induction
furnaces and arrested four suspects involved in operating the furnaces, Tianjin
Daily, the city’s official media, reported on September 12.
According to the daily, a tipoff from the
public led special task forces from the city to recently raid two steel
factories
-
Chinese steel mills’ reaction varied to the possible “differentiated” curbing measures among them during the 2018 winter months, with some applauding the fairer touch while others concerned about the loopholes when inquired by Mysteel on Wednesday.
China’s Ministry of Ecology and Environment called for the local authorities at a government meeting
-
This winter, work on construction sites in North China is likely to slow or be suspended no earlier than the traditional beginning of the season – around November 15 – in line with government-backed efforts to reduce dust and other sources of atmospheric pollution, Mysteel has learned.
“We haven’t received any
-
China has issued more restriction
measures on steel mills in the past month or so with the primary targeted areas
still being those key production bases such as North China’s Hebei and East
China’s Jiangsu provinces, indicating that the control over the heavy-polluting
industrial sector will by no chance be loosened before the long-time
-
Local authorities in Wuhu City in East China’s Anhui province have introduced emergency restrictions on the operative capacity of blast furnaces in use at local steelmakers, according to a September 5 document released by Wuhu City Environmental Protection Bureau seen by Mysteel.
-
Chinese steel market participants are concerned about the health of the domestic market this month, worrying that the softness which emerged at the end of August may persist and even intensify, Mysteel learnt Tuesday.
-
The Purchasing Managers’ Index for the steel sector in North China’s Hebei province reversed up 3 basis points month on month to 48.8 in August, which was mainly because of improvement in new orders, according to latest release from Hebei Metallurgical Industry Association (HMIA) on September 1.
-
The Purchasing Managers’ Index for China’s domestic steel industry declined in August, albeit by a tiny 1.4 basis points on month, to 53.4, according to index compiler, CFLP Steel Logistics Professional Committee. Nevertheless, though still in positive territory this brought an end to a five-month run of increases, showing that the sector’s growth pace has slowed down, CSLPC said. The result was still above the threshold of 50 connoting growth, Mysteel notes.
-
Steel enterprises in North China’s Hebei province are scrambling to modify and upgrade pollution control systems at their works under increasingly heavy pressure from provincial and city governments, fearing their failure to meet new environmental protection standards could cost them production – and thus, business – this winter.
-
The price of Q235 billet in Tangshan, North China’s Hebei province, rebounded on Wednesday by Yuan 30/tonne ($4.4/t) day on day to Yuan 4,080/t EXW and including the 16% VAT, partly attributed to the improving market sentiment on the anticipation of less supply and better trading in finished steel.
