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What happens abroad impacts MSCI members in North America. Here is the latest economic, trade, and other policy news of note for the last week: According to the China Steel Manufacturers Association, for the first seven months of 2024, China's steel companies increased steel exports by 21.8 percent compared to the same period in 2023.
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China's prices of major steel products weakened somewhat over October 8-12 partly due to the wavering sentiment in the domestic steel market, Mysteel Global learned. Be …
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"China is dumping an enormous amount of steel, which is negatively affecting the global steel market," Verster explained. To put the figures in perspective, he noted that China produces about half of the world's steel, with global production hovering around 1.8 billion tonnes. China's steel exports are comparable to the entire output of ...
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(Bloomberg) -- Top Latin American steelmaker Ternium SA is plowing ahead with growth plans, betting that governments in the region have woken up to unfair competition from China, Chief Executive ...
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By Yuka Obayashi TOKYO (Reuters) - The Japanese government may take trade action if needed in response to growing steel exports from China, the world's biggest steel producer, an official at Japan ...
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Stainless Espresso: China stopped production of major steel plants Shanghai stainless steel futures continue to rise. Due to the steel and stainless steel production freezes announced in China, steel and stainless steel futures are picking up. Spot prices for Chinese stainless steel are also up as much as 4% today, Monday, July 12, 2021.
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Driven by government subsidies and other trade-distorting policies, crude steel production in China last year exceeded 1 billion metric tons for the fourth year in a row despite slowing domestic demand for steel in that country. As a result, Chinese steel exports grew by 38% in 2023 and by an additional 24% in the first […] Steel industry ...
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New Delhi: Indian steel manufacturers are facing mounting pressure as cheaper imports, particularly from China, Vietnam, Japan, and Korea, continue to rise, according to a report by India Ratings and Research (Ind-Ra). Steel imports, which surged in the third quarter of FY24, are expected to continue climbing, impacting the gross margins of domestic players in …
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Steel industry news, articles, interviews. ... Free MOC: Average steel prices in China edge down during Oct 7-13. 17 Oct. Free German company Bosch expands operations in Mexico with $250 million. 17 Oct. Free Canadian Blue Giant to invest $40 million in Mexico for loading docks plant.
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China's steel exports rose by 14.7pct YoY to 9.5 mln tons in August 2024, according to the General Administration of Customs. This represents a 21pct increase from the previous month. In the first eight months of 2024, steel exports surged by 20.6pct to 70.58 mln tons, marking the highest total for this period since 2016.
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Find the latest China Steel Corporation (CISXF) stock quote, history, news and other vital information to help you with your stock trading and investing.
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Canada has announced its intention to introduce tariffs on Chinese steel, stainless steel and aluminum products from October. +49 7642 9282851 [email protected] X
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BANGKOK (AP) — China's Baosteel said Tuesday that it will acquire Nippon Steel's 50% stake in their auto steel joint venture for about $242 million. The contract for the …
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Find the latest China Steel Corporation (2002.TW) stock quote, history, news and other vital information to help you with your stock trading and investing.
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Your gateway to the Chinese commodity industry. Mysteel provides the latest prices, data & news from the China steel, metal, energy, chemical and agriculture market.
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US Steel put itself up for sale in 2023 after receiving an unsolicited $7 billion takeover offer from Ohio-based Cleveland Cliffs. The $14.9 billion deal with Nippon Steel, …
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The latest survey data indicates that about 20% of steel mills have started producing rebar that meets the new national standards, with the remaining mills still planning to transition their production. Most steel mills are expected to start supplying new standard products by …
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09/23/2024 - With nearly 75% of China's steel producers posting losses in the first half of this year, bankruptcy is a looming risk — and one that could spur consolidation among domestic producers, reports the Bloomberg news service.
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Latest News Today Live Updates October 19, 2024: US Presidential Polls 2024: 'If you go into Taiwan, I'm going to tax you,' Donald Trump warns China US Presidential Polls 2024: 'If you go ...
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The Centre is considering broadening its strict quality standards in response to the rising influx of substandard steel, primarily originating from China, according to government sources, as mentioned by The Economic Times report. This decision follows an in-depth review conducted by the Ministry of ...
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10/15/2024 - With three months still to go in 2024, Chinese steel exports to the rest of the world have reached 81 million metric tons, up 21% from 2023, reports the Bloomberg news service. …
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Many politicians oppose Nippon Steel's buyout offer for U.S. Steel. Among them are President Biden, former President Trump, Sen. Sherrod Brown (D-Ohio) and Sen. John Fetterman (D-Pa.) — and ...
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Scrap: China maintains 40% export tariffs also in 2024. According to the recently published Chinese Tariff Adjustment Plan for 2024, the export tariffs of 40% on ferrous scrap and stainless steel scrap will remain in force. The Chinese government's annual list currently includes 107 products that are subject to special export tariffs.
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The tariffs on Chinese imports include a 35 per cent increase on fibre optic and cables; a 25 per cent increase on iron and steel products; and a rise to 10.8 per cent from 9 per cent on sodium ...
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China Steel Corp (CSC), Taiwan's largest steel mill, has decided to raise the list prices of its major carbon steel products for local sales in November to partly reflect the recovery in the global steel market, according to the company's latest release on its website. ... Explore the latest news and analysis in the commodity world Mysteel ...
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Talk to us about our steel price data options today. China's crude steel output decreased by 2.8% year on year to 1.035 billion tonnes in 2021 and by 1.64% year on year to 1.018 billion tonnes in 2022. In 2023, crude steel …
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China Steel Mills Are Facing a Wave of Bankruptcies, BI Says. China's steel crisis is setting the stage for a wave of bankruptcies and speeding a much-needed …
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Survey: China daily cobalt sulfate cost 2024.10.14. Mysteel daily survey of China's cobalt sulfate cost. Unit: RMB yuan/t. Be the first to know about the latest Chinese …
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NEW DELHI: India's steel ministry favours a temporary tax to curb rising steel imports, a senior official with direct knowledge of the matter said, as it seeks to protect steelmakers reeling from a surge in cheaper Chinese imports. A temporary "safeguard duty" would help curb Chinese imports, and a process to impose the duty would start soon, said the …
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US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan's Nippon Steel. But the outlook for the controversial merger has never ...
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18 July 2024. As the world's manufacturing powerhouse, China has the highest global demand for crude steel, with the market experiencing remarkable growth since 2010. In 2023, China's crude steel demand reached 911 million metric …
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PE series jaw crusher is usually used as primary crusher in quarry production lines, mineral ore crushing plants and powder making plants.
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