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Nippon Steel Engineering, the engineering arm of Japan’s largest steel producer, has received an order from Taiwan’s China Steel Corp to supply a large Coke Dry Quenching (CDQ) plant, NSE announced on November 26.
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China’s Ministry of Ecology and Environment (MEE) has been busy finalizing the winter restriction plan, and it just finished collecting the feedback by October 14 regarding its proposed measures at the Yangtze River Delta including Shanghai, Jiangsu, Zhejiang and Anhui, all in East China, or just two weeks after the feedback collection for the proposal on another seven provinces.
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Despite a pandemic-hit 2020, steel mills in Tangshan city, the core steel producing site in North China’s Hebei province, will still be imposed on restrictive measures on their operations over the winter period of October-March 31 whenever necessary, a practice that the local government has adopted since 2017 to control local pollution.
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In late September, China’s President Xi Jinping surprised the global community by announcing a hugely ambitious plan to make the country carbon-neutral by 2060. In the three weeks since, I have received a growing number of inquiries from steel industry insiders wondering how the Chinese steel industry will adjust to the low-carbon era.
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China’s Ministry of Ecology and Environment (MEE) has requested seven provinces and 10 state-owned energy companies to submit their feedback regarding the ministry’s proposals on winter restriction plans for the upcoming winter by September 30, according to its post on the website on September 28.
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Chinese steel mills, traders and end-users have been active in replenishment ahead of China’s upcoming National Day holiday, fearing that trading or transportation might slow down or be halted completely during the long holiday over October 1-8, Mysteel Global has learned from domestic industry sources.
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Operations of steel mills in Northeast China, including production, sales and raw material transportation, has been running as per normal despite that Typhoon Bavi, the severest in 70 years, is approaching the region, Mysteel Global understands from the industry sources on the morning of August 27.
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The Mines Ministry has invited comments from the public on a series of structural reforms it proposes under Atmanirbhar Bharat to enhance private investments and generates employment in the mineral sector.
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Over the period spanning January 2018 through to last July, North China’s Hebei province, the country’s top steel producing province, had removed a total of 47.6 million tonnes/year of iron and steel capacity, according to a post from the Ministry of Ecology and Environment (MEE) on August 19. This means the provincial government achieved its goal of cutting 40 million t/y by 2020 some five months in advance, Mysteel Global notes.
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Tropical typhoon Higos landed Zhuhai city, South China’s Guangdong province, on the morning of August 19, and strong winds and torrential rains swept the region, causing short-term disruption to the regional steel market, according to local sources.
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In its latest draft for China’s coal industry development strategy, the China National Coal Association (CNCA) proposes to limit the country’s total coal consumption within 4.2 billion tonnes by 2025 on the assumption that coal will remain China’s core energy generation source, while the proportion of clean energy will incline further in the coming years.
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Quality development is the mission for the Chinese steel industry even though there are many difficulties to conquer along the way, Shen Bin, chairman of China’s chairman of CISA China Iron and Steel Association (CISA), reiterated at CISA’s latest council meeting held on July 31 in Zhangjiagang, East China's Jiangsu province.
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A quick look at how China's economy and steel market performed in the first half of 2020.
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Anna and Olivia will be discussing some of the key topics discussed during the 2020 SEAISI e-Conference, ASEAN's flagship steel industry conference.
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China has raised the flooding alert to orange from yellow since July 12 with historically high water levels at many rivers and lakes, but so far steel mills in the affected provinces in East, Central and Southwest China have been operating as per normal, and have taken extra preventive measures, market sources shared on Monday.
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Despite the COVID-19 wreaking havoc across much of China during the first half of 2020, steel enterprises had been steadily progressing with the 38 ongoing new steel projects including installing new steelmaking and rolling facilities, adding on environmental protection facilities and upgrading assorted technology, according to a Mysteel report checking on the status of ongoing projects by the end of H1.
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As China enters the fifth week of the rainy season which began in early June, heavy rains and occasional floods are dampening steel demand to a large extent, though production at mills remains little affected by the wet weather, mill sources said on Monday.
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Steel demand in South China region has been seriously impacted by continuous heavy rains and occasional flooding associated with the arrival of this year’s Wet Season.
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China's iron ore imports over January-May rose 5.1% on year to 445 million tonnes, according to the latest statistics from China's General Administration of Customs on June 7. A detailed report will be posted soon.
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Despite a formal government notice circulated in the market on May 30, none of the 21 steel mills in Tangshan of North China’s Hebei province have been carrying out a range of 20%-50% cuts on their sintering, pelletizing and blast furnace capacities as speculated by June 2, local industry sources confirmed.
