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BC Iron’s Young expects China to loosen monetary policy

BC Iron md Mike Young said he expects the iron ore market to pick up after the expected change in China’s leadership later this year frees the country’s government to take more action to stimulate the economy.

September 4, 2012
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By Generic people page

Insights
China’s CRC export prices unchanged at $570 per tonne fob

Chinese cold rolled coil export prices were unchanged on Tuesday September 4 as exporters were not willing to sell at a further loss.

September 4, 2012
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By Generic people page

Insights
HOTLINE: What’s in a name…

In a copper market blighted by uncertainty and volatility, one might be forgiven for taking it amiss when Antofagasta added further confusion to the mix by changing the names of several of its projects.

September 3, 2012
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By Generic people page

Insights
COMMENT: Copper miners still need strong assets

On one side of the world, BHP Billiton decides to scrap a $20 billion copper project, downsizing its prospective portfolio by more than 500,000 tpy in response to weaker conditions in commodities markets and higher costs in the mining industry.

September 3, 2012
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By Generic people page

Insights
Chinese HRC export prices down to $500-510 per tonne fob

Export prices of Chinese hot rolled coil slipped further with steelmakers cutting ex-works prices again amid low bookings.

September 3, 2012
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By Generic people page

Insights
Japanese steel stockpiles fall in July as shipments rise

Japanese carbon steel stockpiles fell by 2.5% in July compared with the previous month, as producers sharply increased domestic shipments but reduced output.

August 31, 2012
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By Generic people page

Insights
ThyssenKrupp Nirosta to cut working hours at German stainless flats plant on scant demand

ThyssenKrupp Nirosta is to impose short-time working at its stainless steel flat products facility at Bochum, Germany, from September, ThyssenKrupp said on Thursday August 30.

August 30, 2012
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By Generic people page

Insights
Mongolia must not depend on mining alone, central bank deputy governor says

Mongolia should not become too dependent on the "very volatile" industry of mining, its central bank's deputy governor said.

August 30, 2012
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By Generic people page

Insights
China’s steel demand declined in January-July, Cisa says

China's apparent steel consumption has fallen in the first seven months of 2012, as more of the material produced was exported or ended up in inventories, according to the country’s iron & steel assn (Cisa).

August 30, 2012
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By Generic people page

Insights
China’s steel demand declined in January-July, Cisa says

China's apparent steel consumption has fallen so far this year, as more of the material produced was exported or ended up in inventories, China Iron & Steel Assn (Cisa) said.

August 30, 2012
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By Generic people page

Insights

Top stories across markets

LIVE FUTURES REPORT 18/03: SHFE base metals prices continue to slide; Sn falls 3.6%

Base metals prices on the Shanghai Futures Exchange were down across the board at the close of morning trading on Wednesday March 18, with the complex still under the influence of heightened risk aversion stemming from the spread of the novel coronavirus (2019-nCoV) and its impact on the global economy.

March 18, 2020

By: Generic people page

NEWSBREAK: China increases rebates to 13% to stimulate steel exports

China will raise the export rebate to 13% from 10% for a large number of steel products from March 20, according to a notice released by the Ministry of Finance late on Tuesday March 17.

March 18, 2020

By: Generic people page

IN CASE YOU MISSED IT: 5 key stories from March 17

Here are five Fastmarkets stories you might have missed on Tuesday March 17 that are worth another look.

March 18, 2020

By: Generic people page

INTERVIEW: China alumina cuts creating supply opportunities, Norsk Hydro exec says

Roughly 6 million tonnes per year of alumina refinery capacity in China has been curtailed due to the 2019-nCoV coronavirus pandemic, opening opportunities for market participants in the West to sell extra material to the East asian country, a senior executive at Norsk Hydro has said.

March 17, 2020

By: Generic people page

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