Zihuan Pan

Nov 12, 2024 | fastmarkets.com | Zihuan Pan

Debts, losses and falling behind in carbon emission reduction are the biggest risks for steelmakers, Han Weidong, senior advisor of Tianjin Youfa Steel Pipe Group, said at the summit held in the eastern city of Nanjing on November 1-3. While many Chinese steel mills have jumped on the bandwagon in response to Beijing’s decarbonization drive, some companies still refrain given the high costs for upgrading and operation, according to Han.

Oct 14, 2024 | fastmarkets.com | Zihuan Pan

The prices reflect the rising demand from market participants for green steel price differentials given the global decarbonization drive to make steel production sustainable and emerging carbon border measuresFastmarkets’ Flat steel reduced carbon emissions differential, exw China, will be assessed every two weeks against the Fastmarkets’ established Eastern China domestic hot rolled coil (HRC) price assessment.

Oct 11, 2024 | fastmarkets.com | Zihuan Pan

Baoshan Iron & Steel (Baosteel), which is the main listed subsidiary of the world’s largest steelmaker China Baowu Steel Group, will increase its base prices for most flat steel products by 400-550 yuan per tonne, the company said on its WeChat account on Thursday. It is raising prices for hot-rolled coil and sheet, up by 500 yuan per tonne from October, for domestic sales in November, after cutting prices by a total amount of 200 yuan per tonne from July to October.

Apr 18, 2024 | metalbulletin.com | Alice Li |Jessica Long |Zihuan Pan

Welcome to Fastmarkets MB now incorporating Steel First All Steel First prices, news and market analysis can be found here on www.metalbulletin.com <![endif]--><![endif]--> China’s economy growth in the first three months of 2024 was faster than the market expected, according to the official data released by the National Bureau of Statistics (NBS) on Tuesday April 16. ... April 18, 2024 21:31 GMT Singapore, Shanghai...

Apr 18, 2024 | metalbulletin.com | Zihuan Pan

Welcome to Fastmarkets MB now incorporating Steel First All Steel First prices, news and market analysis can be found here on www.metalbulletin.com <![endif]--><![endif]--> China’s domestic spot hot-rolled coil prices extended gains to the highest in about six weeks on Thursday April 18, thanks to improved market sentiment across the financial market, sources said. ... April 18, 2024 10:15 GMT Shanghai...