China

GMK Center проанализировал ценовые ожидания ведущих экспертных организаций по поводу цен на железорудное сырье
CISA to set up committee to study iron ore market

The new structure will be able to coordinate the financial resources of enterprises, state institutions and banks

Chinese drills around Taiwan could disrupt global supply chains

Military exercises are taking place along the busiest sea routes on the planet

China Baowu Steel acquired 51% shares of major steelproducer XinSteel

The deal amounted to 4.26 billion yuan ($630 million)

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Steel plants continue to stop production all over the world

Declining steel production is a new global trend

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China intends to increase scrap processing capacity to 180 million tons by 2025

Against the backdrop of the development of electric steelmaking in the country, scrap processing capacities will increase by 30 million tons

Business expectations of Chinese steelmakers updated a historical low in July

The Purchasing Managers' Index expectations in the steel industry in China in July fell by another 3.2 percentage points.

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Many Chinese steel plants left for maintenance due to low demand

Also, a number of enterprises for the same reasons stopped their blast furnaces

Baowu Group produced 61.5 million tons of steel in the first half of the year

During the same period, the company's operating revenue amounted to $73.6 billion.

China has increased coking coal imports by 17% in six months

In June, the supply of raw materials to the country increased by 20.5%

Iron ore prices in China will fall to $70/t in the third quarter – Goldman Sachs

This forecast is based on the crisis in the Chinese real estate market

China extends duties on electrical steel from Japan, South Korea and the EU

Anti-dumping duty rates vary from 37.3% to 46.3% for companies from different countries

China increased coal imports from Russia by 22% in June

Discounts on raw materials from Russian sellers attract Chinese consumers

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