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The Commodities Feed: Steel demand in China disappoints
china market metals
Wed, 27 Mar 2024 00:00:00 GMT
Metals Chinese steel industry under pressure Steel inventories at major Chinese steel mills rose 3% year-on-year to 19.5mt in mid-March and remained almost flat compared to levels seen in early March, according to data from the China Iron and Steel Association (CISA). Inventories are increasing as the pick-up in steel consumption from end-users is weaker than expected at this time of the year. Meanwhile, crude steel production at major mills fell marginally by 0.5% from mid-March and 9%
https://www.hellenicshippingnews.com/the-commodities-feed-steel-demand-in-china-disappoints/


Japan's Kobe Steel eyes auto panel JV with China Baowu
japan kobe steel
Mon, 26 Feb 2024 08:42:09 GMT
Japan's Kobe Steel eyes auto panel JV with China Baowu
https://www.nasdaq.com/articles/japans-kobe-steel-eyes-auto-panel-jv-with-china-baowu


China Baowu plans to invest about $1 billion ...
baowu guinea iron ore
Wed, 31 Jan 2024 09:47:24 GMT
The world’s largest steelmaker, China Baowu Steel Group, has raised 10 billion yuan ($1.4 billion) through a bond issue, partly for the large-scale Simandou iron ore project in Guinea. Nasdaq reports this with reference to the company’s report on the Shanghai Stock Exchange. The capital raised through the issuance of three-year fixed-rate bonds with an … The post China Baowu plans to invest about $1 billion in the development of Simandou appeared first on
https://gmk.center/en/news/china-baowu-plans-to-invest-about-1-billion-in-the-development-of-simandou/


New Energiron DRI plant starts production at Baowu
baowu china production steel
Sun, 07 Jan 2024 00:00:00 GMT
DRI production has started at Chinas leading steel producer Baosteel Zhanjiang Iron & Steel (part of Baowu), in the Guangdong
https://www.danieli.com/en/news-media/news/new-energiron-dri-plant-starts-production-baowu_37_867.htm


Number of news reports: 4
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