China Watch RSS

  • China capable of absorbing copper surplus: Antofagasta Apr 07, 2014

    China’s slowing economy will be able to absorb a copper market surplus in 2014 provided expectations for mine disruptions do not disappoint, according to Antofagasta Plc.

  • Pollution control impact on China steel seen limited Apr 03, 2014

    The latest temporary pollution control measures imposed on mills in north China are unlikely to have a major impact on the steel market, participants told AMM sister publication Steel First.

  • Zorba prices drop on weak China demand Mar 26, 2014

    U.S. export prices for nonferrous auto shred, or zorba, have continued to spiral downward, with market participants saying that recent economic issues in China have prompted buyers to postpone shipments and reduce price quotes.

  • China rebate plan could hike US prices Mar 25, 2014

    U.S. copper scrap consumers could face higher prices if a proposed rebate on value-added tax for China’s scrap recyclers is approved.

  • Zorba exporters turn to India as prices decline Mar 17, 2014

    U.S. export prices for nonferrous auto shred, or zorba, have continued to fall over the past two weeks, but sources noted that recent demand from Indian buyers could point to a stronger market in April.

  • Armco reaches scrap supply deal with Mitsui Mar 05, 2014

    Armco Metals Holdings Inc. has reached a long-term steel scrap supply deal with Mitsui & Co. (Shanghai) Ltd., the metals recycler said in a statement March 5.

  • Wire rod case could lift Turkey exports Feb 25, 2014

    Turkey could be the next big exporter of wire rod to the United States if anti-dumping and countervailing duties are imposed on Chinese wire rod shipments in an ongoing trade case, U.S. market sources told AMM.

  • COMMENTARY: Walt Robertson weighs in on China and the state of world trade Feb 23, 2014

    In June 1994, while attending AMM’s Steel Survival Strategies IX Conference in New York, several people pointed out that for the first time ever there were attendees from China, and openly wondered why they were there.

  • China’s steel market sentiment sinks Feb 20, 2014

    Sentiment weakened in China’s steel market after activity in the country’s manufacturing sector dropped to its lowest level in seven months, according to preliminary data released Feb. 20 by HSBC Holdings Plc’s China purchasing managers’ index (PMI).

  • Factory data underlies weak Chinese copper market Feb 20, 2014

    China’s physical copper market remains weak and robust import figures are obscuring a slowdown in real business activity, market participants said.

  • China needs to raise its zinc concentrate output: analyst Feb 19, 2014

    China’s zinc mines need to produce an additional 400,000 tonnes from now until 2018 if they are to meet domestic demand growth, according to Chris Parker, an analyst at consultancy Wood Mackenzie Ltd.

  • Chinese wire rod exporters pull back offers Feb 18, 2014

    Chinese wire rod exporters have pulled back on offers to the United States for February over fears that retroactive duties could be applied to imports of Chinese material, market sources told AMM.

  • China to account for nearly half of zinc demand Feb 18, 2014

    Global zinc demand will reach 14.09 million tonnes this year and rise to 14.78 million tonnes in 2015, an executive at a subsidiary of Korea Zinc Co. Ltd. said.

  • Credit crunch seen restraining China's steel supply in 2014 Feb 14, 2014

    Tighter credit conditions and more disciplined pricing in China could help steel markets outside China this year by keeping Chinese oversupply in check, according to Jo-Chi Tsou, chairman of Taiwan’s China Steel Corp.

  • China’s daily crude steel output falls in late Jan. Feb 13, 2014

    China’s daily crude steel output fell in late January before the weeklong Chinese New Year holiday.

  • Wisco mill upgrade targets high-strength steel Feb 13, 2014

    Central China’s Wuhan Iron & Steel (Group) Corp. (Wisco) is modernizing the coiler in its No. 2 hot strip mill to expand its range of high-strength steel products.

  • New port rules still hurdle for VLOCs Feb 13, 2014

    New port regulations on berthing released Feb. 11 by China’s Ministry of Transport continue to pose a setback for larger vessels like very large ore carriers (VLOCs).

  • China’s copper imports hit all-time record in January Feb 12, 2014

    China’s copper imports hit a record high in January as buyers expedited shipments ahead of the Chinese New Year holiday.

  • Trade case to impact China wire rod: Irepas Feb 11, 2014

    U.S. wire rod producers’ anti-dumping action against wire rod imports from China will force Chinese wire rod exporters to find a new home for their material, according to a short-range outlook by the International Rebar Exporters and Producers Association (Irepas).

  • Fixed-asset investments still driving economy, but not sustainable Feb 07, 2014

    The correlation between China’s growth in gross domestic product (GDP) and steel production suggests that investments, especially fixed-asset investments, still play a large role in the country’s economy. But this investment-driven economy isn’t sustainable.

  • China holiday steadies wire rod import prices Feb 06, 2014

    Wire rod import prices to the United States remain unchanged due to the Chinese New Year holiday, which has kept mill and trader sources out of the market.

  • Chinese steelmakers’ profits squeezed Feb 03, 2014

    China’s steel industry struggled against overcapacity and weak product prices during 2013.

  • US trade case filed against China wire rod Jan 31, 2014

    A long-awaited trade case has been filed by a coalition of U.S. wire rod producers against imports of carbon and certain alloy steel wire rod from China.

  • China PMI falls, clouding post-holiday outlook Jan 30, 2014

    China’s manufacturing sector slowed further in January, with HSBC Holdings Plc’s China purchasing managers’ index (PMI) falling below the crucial threshold of 50 points.

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