Northern China's Puyang Iron & Steel (Puyang Steel) plans to add 1.37 million tonnes per year of iron-making capacity and 1.52 million tpy of crude steel capacity in December 2021, according to Hebei Provincial Industry & Technology Information Department. New facilities: one 1,580-cubic-meter blast furnace, one 140-tonne converterConstruction start date: March 2020Location: Handan city,...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transaction: rebarRebarEast China, domestic, grade III...Read More
Seaborne iron ore prices weakened further on Thursday December 26 with late-January-loading cargoes of Pilbara Blend materials traded at discounts to indices.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $90.63 per tonne, down $0.40 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $89.72 per tonne, down $0.40 per tonne.62% Fe low-alumina fines, cfr Qingdao: $90.61 per tonne, down $0.78...Read More
China's domestic rebar prices dropped further in the morning of Thursday December 26 on weak demand, though they recovered in the latter part of the day due to rising futures. Eastern China (Shanghai): 3,610-3,660 yuan ($516-523) per tonne, down 20-40 yuan per tonneNorthern China (Beijing): 3,480-3,520 yuan per tonne, down 10-20 yuan per tonnePrices in eastern China dropped to 3,610-3,630 yuan per...Read More
Northern China's Puyang Iron & Steel (Puyang Steel) plans to add 1.37 million tonnes per year of iron-making capacity and 1.52 million tpy of crude steel capacity in December 2021, according to Hebei Provincial Industry & Technology Information Department. New facilities: one 1,580-cubic-meter blast furnace, one 140-tonne converterConstruction start date: March 2020Location: Handan city,...Read More
Two steel mills in northern China have sold 2.21 million tonnes per year of iron-making capacity and 1.52 million tpy of crude steel capacity to mills in the southern region, according to local government notices released earlier this week.Seller: Hebei Chengde Shengfeng SteelLocation: Chengde city, Hebei provinceCapacity sold: 1.48 million tpy of iron-making capacity, 1.52 million tpy of crude st...Read More
Seaborne iron ore prices weakened further on Thursday December 26 with late-January-loading cargoes of Pilbara Blend materials traded at discounts to indices.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $90.63 per tonne, down $0.40 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $89.72 per tonne, down $0.40 per tonne.62% Fe low-alumina fines, cfr Qingdao: $90.61 per tonne, down $0.78...Read More
Seaborne coking coal prices were steady on Thursday December 26, with Chinese market participants driving trading activity in the absence of buyers from other parts of the world due to the year-end festive season.Fastmarkets indicesPremium hard coking coal, fob DBCT: $133.13 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $147.95 per tonne, up $0.48 per tonneHard coking coal, fob DBCT:...Read More
China's hot-rolled coil producers kept their export offers high on Thursday December 26 amid stability in the domestic market.DomesticEastern China (Shanghai): 3,890-3,910 yuan ($556-559) per tonne, widening upward by 10 yuan per tonneNorthern China (Tangshan): 3,640 yuan per tonne, narrowing upward by 10 yuan per tonneA Shanghai-based trader reported moderate trading activity in eastern China dur...Read More
Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are per tonne on an ex-works China basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets price assessment for lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw China, yuan/tonne. Fastmarkets lithi...Read More
Seaborne iron ore prices weakened further on Thursday December 26 with late-January-loading cargoes of Pilbara Blend materials traded at discounts to indices.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $90.63 per tonne, down $0.40 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $89.72 per tonne, down $0.40 per tonne.62% Fe low-alumina fines, cfr Qingdao: $90.61 per tonne, down $0.78...Read More
Seaborne coking coal prices were steady on Thursday December 26, with Chinese market participants driving trading activity in the absence of buyers from other parts of the world due to the year-end festive season.Fastmarkets indicesPremium hard coking coal, fob DBCT: $133.13 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $147.95 per tonne, up $0.48 per tonneHard coking coal, fob DBCT:...Read More
China's hot-rolled coil producers kept their export offers high on Thursday December 26 amid stability in the domestic market.DomesticEastern China (Shanghai): 3,890-3,910 yuan ($556-559) per tonne, widening upward by 10 yuan per tonneNorthern China (Tangshan): 3,640 yuan per tonne, narrowing upward by 10 yuan per tonneA Shanghai-based trader reported moderate trading activity in eastern China dur...Read More
China's domestic rebar prices dropped further in the morning of Thursday December 26 on weak demand, though they recovered in the latter part of the day due to rising futures. Eastern China (Shanghai): 3,610-3,660 yuan ($516-523) per tonne, down 20-40 yuan per tonneNorthern China (Beijing): 3,480-3,520 yuan per tonne, down 10-20 yuan per tonnePrices in eastern China dropped to 3,610-3,630 yuan per...Read More
The China Smelters Purchase Team (CSPT) has set its treatment and refining charges (TC/RCs) purchase price floor for the first quarter of 2020 at $67 per tonne and 6.7 cents per lb, sources told Fastmarkets on Thursday December 26.The CSPT, which comprises purchasing managers from the country's largest copper smelters, made the decision at its quarterly meeting in Fuzhou city, Fujian province, on...Read More
Base metals prices on the Shanghai Futures Exchange were mixed at the close of the morning trading session on Thursday December 26, with activity remaining limited ahead of year-end holidays."It is the holiday season and market activity is very thin because many people are on their vacation now," a base metals analyst in Shanghai told Fastmarkets.Participants have been winding down ahead of holida...Read More
Copper cathode premiums in China fell this week amid year-end destocking, a lack of significant spot demand and a persistently closed import arbitrage window between Shanghai and London.Fastmarkets assessed the copper grade A cathode premium, cif Shanghai at $42-55 per tonne on Tuesday December 24, down by $8 per tonne from $50-63 per tonne a week earlier. The latest assessment marks the lowest si...Read More
The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transaction: hot-rolled coilHot-rolled coilEast China, domestic, commercial-grade...Read More
Northern China's Puyang Iron & Steel (Puyang Steel) plans to add 1.37 million tonnes per year of iron-making capacity and 1.52 million tpy of crude steel capacity in December 2021, according to Hebei Provincial Industry & Technology Information Department. New facilities: one 1,580-cubic-meter blast furnace, one 140-tonne converterConstruction start date: March 2020Location: Handan city,...Read More
The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transaction: rebarRebarEast China, domestic, grade III...Read More