China Watch

  • HKMEx deal targets global base metals players Oct 11, 2012

    Chinese base metals trader Maike Metals International Ltd. has become an industry associate of the Hong Kong Mercantile Exchange (HKMEx), with the two parties agreeing to promote China’s base metals trading sector to international market participants, the exchange said.

  • China's crude steel production off 0.7% in late September, Cisa says Oct 11, 2012

    China’s daily crude steel output for the final 10 days of September stood at 1.843 million tonnes, down 0.7 percent from 1.857 million tonnes in the previous 10-day period, according to the China Iron and Steel Association (Cisa).

  • Chinese titanium firms struggle with demand Oct 10, 2012

    China, the world’s largest titanium market, is suffering from the "double pressure" of a flagging global economy and domestic inflation, resulting in a lack of demand, according to the head of the country’s largest producer.

  • India faces ‘severe’ bauxite shortage Oct 10, 2012

    Indian business leaders are pushing their government to ban the export of bauxite due to concerns that local alumina refineries are being starved of supplies.

  • China’s plate export prices up again for December shipment Oct 10, 2012

    Chinese plate export prices rose further this week on healthy transactions and firmer domestic prices.

  • Commerce invites requests for import duty reviews Oct 02, 2012

    The Commerce Department’s International Trade Administration (ITA) is inviting interested parties to request an administrative review of duties on various imports from Australia, Brazil, China, Indonesia, Mexico, Moldova, Trinidad and Tobago, and Ukraine.

  • Commerce reviewing duties on hot-rolled flat products Oct 02, 2012

    The Commerce Department’s International Trade Administration (ITA) is conducting five-year reviews of duties on hot-rolled carbon steel flat products from China, India, Indonesia, Taiwan, Thailand and Ukraine.

  • Commerce, ITC considering duty revocation Oct 02, 2012

    The U.S. International Trade Commission (ITC) and the Commerce Department’s International Trade Administration (ITA) are initiating separate five-year reviews to determine whether revocation of anti-dumping duty orders on various imports would likely lead to material injury to the domestic industry.

  • Trafigura said hit by steel warehousing scandal Oct 02, 2012

    International commodities trading house Trafigura Ltd. is said to be among steel stockholders affected by the Chinese "ghost receipt" steel warehousing scandal.

  • Secondary metal output up in China Oct 02, 2012

    China produced about 5.4 million tons of secondary nonferrous metal products such as alloys in the first nine months of 2012, up 3.8 percent from the same period last year, according to the China Nonferrous Metals Industry Association Recycling Metal Branch (CMRA).

  • China’s scrap consumption expected to drop this year Sep 28, 2012

    Chinese ferrous scrap consumption is set to decline for the first time in years, according to the China Association of Metalscrap Utilization.

  • Investment-friendly rules said needed in China Sep 27, 2012

    Australia is looking for China to step up its resource development investments in the nation as its companies increasingly turn to the Asian country to buy mining equipment.

  • Iron ore players await signal on Asian giant’s steel sector Sep 27, 2012

    The iron ore industry is awaiting a signal from China regarding the outlook for the Asian nation’s steel sector.

  • China's ferrosilicon exports pick up after smuggling clampdown Sep 26, 2012

    Chinese ferrosilicon export market activity has increased significantly due to a drop in the amount of material being smuggled out of the country, market sources said.

  • Chinese cold-rolled coil, plate export tags rise Sep 26, 2012

    Chinese cold-rolled coil export prices have risen to $590 to $600 per tonne f.o.b. for November shipment, up from $580 to $590 last week.

  • China's ferrous scrap, coking coal imports fall as iron ore rises Sep 21, 2012

    China’s imports of raw materials were mixed in August, with ferrous scrap and coking coal both registering declines while the country’s intake of iron ore increased.

  • Tags for Chinese hot-dip galvanized coil log more gains Sep 21, 2012

    Chinese hot-dipped galvanized coil export base prices logged further gains this past week, rising $10 to $20 per tonne to $630 to $650 per tonne f.o.b.

  • Commerce delays ruling on aluminum extrusions Sep 21, 2012

    The Commerce Department’s International Trade Administration (ITA) has extended to Oct. 29 the final determination on whether Valeo Group’s automotive heating and cooling systems are excluded from anti-dumping and countervailing duty orders on imports of aluminum extrusions from China.

  • Commerce turns down exporter's plea for more time Sep 21, 2012

    The Commerce Department’s International Trade Administration (ITA) has declined, in part, a request by producer/exporter Beijing Gang Yan Diamond Products Co. to extend the response time for a supplemental questionnaire in an administrative review of anti-dumping duties on imports of diamond sawblades from China.

  • CIT denies importer appeal on duty revocation Sep 21, 2012

    The U.S. Court of International Trade (CIT) has rejected a steel importer’s appeal to change the revocation date of a dumping duty order on steel nails from China.

  • China has unfair steel advantage: Eurofer Sep 21, 2012

    The European steel market is suffering from China’s unfair advantage in the market and its own openness, according to an executive with European steel industry organization Eurofer.

  • Pickup in Chinese market sentiment sends plate export tags up Sep 19, 2012

    Chinese plate export prices have risen further this week on higher domestic prices and improved market sentiment.

  • China copper demand growth forecast cut Sep 19, 2012

    China’s copper demand growth forecast for this year has been cut to 4.2 percent from 5 percent, analysts from China International Capital Corp. (CICC) said in a report.

  • Jinchuan plans 300,000T/year copper wire, rod plant Sep 18, 2012

    Jinchuan Group Co. Ltd., China’s largest nickel producer, plans to build a 300,000-tonne-per-year copper wire and rod plant in Jinchang, Gansu province, according to a local report.

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