-
China’s State Council Tariff Commission will impose 5% and 10% tariffs on the U.S. goods worth $75 billion on or 5,078 items in two batches respectively on September 1 and December 15 as the countermeasures to the U.S. announcement on the 10% tariffs on Chinese goods worth $300 billion also in two batches on these two dates.
-
The escalating Sino-U.S. trade friction is expected to pose affection on China’s steel market sentiment more than on the direct and actual steel exports or consumption, China’s steel market sources commented on August 23.
-
The recovery seen Thursday in China’s imported iron ore prices became more pronounced on Friday, especially later in the day when market sentiment improved.
-
China’s imports of manganese ore reversed up again in July after a short-lived drop the month before, surging by 51.8% or 1.05 million tonnes from June to reach 3.09 million tonnes, according to the latest detailed data released by China’s General Administration of Customs (GACC) on August 23.
-
Taiwan’s top steel producer, China Steel Corp (CSC), will keep its list prices of most steel products stable for local sales over October-December, a company official confirmed Friday. Though the Kaohsiung-based mill had clipped prices for Q3 sales, CSC remains very cautious about local steel market trends for the last quarter of this year, Mysteel Global notes.
-
Tangshan city, China’s top steel producing base in North China’s Hebei province, is again intensifying efforts to control air pollution in response to another warning from the local meteorological administration that prevailing winds and climatic conditions in coming days would cause atmospheric pollution to cloud over certain areas of the city.
-
Separately, Mysteel’s other survey on a bigger scale
showed that the coming capacity utilization rate of the 230 independent coke
plants across China increased 1.46 percentage points on week to 76.13% as of August
22. Their average daily coke output increased 13,100 tonnes/day on week to 680,900
tonnes/day. Coke stocks at these plants declined
-
Edited by Sean Xie, xiepy@mysteel.com
-
Note: the 53 typical
independent coking plants in the weekly survey include 18 with capacity below 1
million tonnes/year, 20 between 1-2 million t/y, and 15 above 2 million t/y.
Edited by Sean Xie, xiepy@mysteel.com
-
Note:Qingdaoporthas been
included in the tablesince April 28 2017.
Edited by Sean Xie, xiepy@mysteel.com
