China’s BF capacity use nears 10-mth low
December 8, 2023
The blast furnace (BF) capacity utilization rate among 247 Chinese steel producers over December 1-7 dropped for the sixth consecutive week
Tag: Steel
China’s 2023 steel exports seen reaching 6-year high
December 7, 2023
China’s finished steel exports are likely to come close or even breach the 90 million mt mark in 2023, hitting a high not seen since 2016
Profits of Chinese steel mills will improve in 2024
December 6, 2023
A CITIC Construction Investment research report pointed out that in the future, China’s crude steel consumption is less likely to be robust
China’s BF capacity use falls 5th week to 87.63%
December 4, 2023
The blast furnace capacity utilization rate slipped for the fifth straight week to reach 87.63% over November 24-30
China’s BF capacity use falls 5th week to 87.63%
December 1, 2023
The blast furnace (BF) capacity utilization rate among Chinese steel producers slipped for the fifth straight week
Chinese Blast Furnace Review
December 1, 2023
21 blast furnaces were put into operation in 2023, with a total capacity of 33.04 mmt.
China steel prices may keep rising in Dec
November 30, 2023
The rebound in China’s steel prices during this month is expected to extend to December, supported by resilient steel demand
Steel Production and Export Pressure Push India’s Steel Trade into a Deficit
November 29, 2023
Despite increased domestic steel production, Chinese steel prices came out lowest in October, at just $564 and $581 per ton.
India’s steel demand to touch 190 MT-mark in 2030; production to reach 210 MT
November 27, 2023
India’s steel demand is expected to grow at a CAGR of 7 per cent to touch 190 Million Tonne (MT) level by 2030.
Chinese steelmakers are trapped in a prisoner’s dilemma
November 16, 2023
While daily crude steel production stood at 2 million tonnes in mid-October, a 1.25% decrease from the previous year
Coal News & Price Data – November 6, 2023 – Chinese Blast Furnace Utilization Drops
November 6, 2023
The average operating rate of blast furnace (BF) steel mills decreased by 0.44 percentage points to 90.94% last week
Thoughts on US Steel & Cleveland Cliffs News
August 14, 2023
The news dropped Sunday night that Cleveland Cliffs (CLF) has offered a cash and stock bid worth $7.3B for US Steel (X).