China's steel and iron ore futures fell on Monday after data showed a slowdown in factory growth in China last month and before expiration this week as the United States is set to impose tariffs on Chinese exports of $ 34 billion. ...
Signs of a slowdown in the Chinese economy and risks from steep tariffs stemming from the oppressive Sino-US trade row will drive demand for iron ore, dropping its spot price by 13 percent in the second half of 2018.
Prices of other steel ingredients traded in China also fell on Monday, with coke prices braking 2.5 percent to 2025.50 yuan per tonne and coking coal accelerating 1.9 percent to 1166.50 yuan after hitting a two-month low. at 1154 yuan.
+38 (098) 875-40-48
|
|
|
Subscribe to news 
Metallurgy news
- 18 November 2024
14:03 Voestalpine does not expect recovery in Germany until spring - 15 November 2024
13:28 Liberty Steel announces plan to restructure Specialty Steel UK - 28 October 2024
20:21 NLMK Verona modernizes sheet metal technology - 20 October 2024
20:38 Ukrainian steel producers will suffer from the Carbon Emissions Management Mechanism - 16 October 2024
17:03 Worldsteel selects a new chairman - 02 October 2024
14:02 SSAB signs agreement with Norwegian company to supply fossil-free steel - 27 September 2024
12:38 Nippon resubmits application for US assessment of USS acquisition - 23 September 2024
23:10 Logistics problems ArcelorMittal Krivoy Rog
Publications
27.11 Professional lawyer in Lviv: Importance, service and merit 27.11 Security company: We guarantee security with high-quality services from “Princess Varta” 27.11 Finger pulse oximeters from Medplant 25.11 Fuel consumption control system 25.11 Rating of barcode scanners 2024: TOP models for business
