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Korean steel companies face difficulties, Chinese steel will flow into South Korea
Reported by Luke 2020-3-27 Affected by COVID-19 and the economy, South Korean steel companies face the problem of falling exports. At the same time, under the circumstances that the manufacturing and construction industry delayed the resumption of work due to COVID-19, Chinese steel inventories h...
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COVID-19 impacts global shipping industry, many countries implement port control measures
Reported by Luke 2020-3-24 At present, COVID-19 has spread globally. Since the World Health Organization (WHO) announced that COVID-19 constitutes an “public health emergency of international concern” (PHEIC), the prevention and control measures adopted by various countries have conti...
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Tianjin Sanon Steel Pipe Co.,LTD. launched business learning activities and expressed condolences to customers
Reported by Luke 2020-3-20 This week (March 16-20), our company launched business learning activities in response to national policies. Learn online sales skills in the new era and discuss the types, application environments, advantages and disadvantages of non-destructive electrical testing of s...
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Vale remains unaffected, iron ore index trend deviates from fundamentals
Reported by Luke 2020-3-17 In the afternoon of March 13th, the relevant person in charge of China Iron and Steel Association and the Vale Shanghai Office exchanged information on the production and operation of Vale, the steel and iron ore market and the impact of the COVID-19 through a conferenc...
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Tianjin Sanon Steel Pipe Co.,LTD. completely resumes work!
Tianjin Sanon Steel Pipe Co.,LTD.meets all the work resumption standards, and has been approved by the government. After more than a month to contain the disease, we welcomed all of the workers to resume them work. At present, production department and export trade department are ready to busines...
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Vale halted production of iron ore in Brazil’s Fazendao region
Reported by Luke 2020-3-9 Vale, the Brazilian miner, has decided to stop mining the Fazendao iron ore mine in the state of Minas Gerais after it ran out of licensed resources to continue mining at the site. The Fazendao mine is part of vale’s southeastern Mariana plant, which produced 11.29...
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Australia’s key mineral resources have surged
Reported by Luke 2020-3-6 The country’s key mineral resources have surged, according to data released by GA Geoscience Australia at the PDAC conference in Toronto. In 2018, Australian tantalum resources grew 79 percent, lithium 68 percent, platinum group and rare earth metals both grew 26 p...
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Britain simplified the procedures for exporting goods to Britain
Reported by Luke 2020-3-3 Britain formally left the European Union on the evening of January 31, ending 47 years of membership. From this moment on, Britain enters the transition period. According to current arrangements, the transition period ends at the end of 2020. During that period, the UK w...
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Vietnam has launched its first safeguards PVC into imports of alloy and non-alloy steel products
Reported by Luke 2020-2-28 On February 4, 2000, the WTO safeguards committee released the notification of safeguards submitted by the Vietnamese delegation to it on February 3. On 22 August 2019, the Vietnamese ministry of industry and trade issued resolution 2605/QD – BCT, launching the fi...
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EU safeguards case of steel products to be imported for the second review investigation
Reported by Luke 2020-2-24 On 14th February, 2020, the commission announced that decision to the European Union initiated the second review steel products safeguard case investigation.The main content of the review includes: (1) the steel varieties of quota quantity and allocation;(2) whether the...
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2019 Year-end Summary Conference of Sanon Pipe was successfully held
Summary: The 2020 year-end summary and new year party of Tianjin Sanon Steel Pipe Co.,Ltd. was successfully held. On January 17th, warm sun was shining in the cold wind, and in the Xiqing District of Tianjin City, the 2019 year-end work summary conference and new year welcome party that been prep...
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China’s steel and manufacturing PMIs weaker in December
Singapore — China’s steel purchasing managers’ index, or PMI, fell by 2.3 basis points from November to 43.1 in December due to weaker steel market conditions, according to data from index compiler CFLP Steel Logistics Professional Committee released Friday. The December reading meant...
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China’s steel production likely to grow by 4-5% this year: analyst
Summary: Alfa Bank’s Boris Krasnozhenov says the country’s investment in infrastructure would back less conservative predictions, pegging growth of up to 4%-5%. The China Metallurgical Industry Planning and Research Institute estimates that Chinese steel production could come off by 0...
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The NDRC announced the operation of the steel industry in 2019: steel output increased by 9.8% year on year
First, crude steel production increased. According to the national bureau of statistics data, December 1, 2019 – the national pig iron, crude steel and steel production 809.37 million tons, 996.34 million tons and 1.20477 billion tons respectively, year-on-year growth of 5.3%, 8.3% and 9.8%...
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