Tag Archives: Chinese steel market
Conversations revolving around steel have a tendency to skew toward serious. Market trends, prices, demand outlooks, and end-use news are all valuable to daily business decisions of course, but is there some rule out there that steel can’t ever be fun? Thanks to a Canadian steel structure manufacturer, building with steel might soon get a […]
In December this year, import iron ore prices in China indicated an overall declining trend amid some fluctuations, due to sluggish demand in the traditional off-season for business and weak finished steel prices. It is expected that import iron ore prices will continue to follow a downtrend in the coming period in line with colder winter weather conditions and the approach of […]
As of December 22, inventory of iron ore at 33 major Chinese ports amounted to 99.18 million mt, down 3.96 million mt or 3.84 percent compared to the inventory level recorded on December 15, as announced by China’s Xinhua News Agency. As of the same date, the Xinhua-China Iron Ore Price Index for imported iron ore with 62 percent iron content was at 69 points, down one point week on week. Meanwhile, the Xinhua-China Iron Ore Price […]
Change is inevitable. In a society where the latest gadget becomes outdated nearly the instant you swipe your credit card, if a product or company isn’t changing and adapting, it will fall behind while its competitors thrive. Corporations and countries are constantly fighting to become the “next big thing” and become more self-sufficient.