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In the world, the product standard of h-beam is divided into two categories
China’s aluminum exports fell slightly in September from the previous month as a narrowing price arbitrage to international markets reduced the incentive to ship metal overseas, while steel shipments edged higher.
In recent years China’s steel sector — particularly the large, state-owned steel mills — have benefited from the enforced closure of capacity on environmental grounds during the winter heating season.
China won’t renew harsh restrictions on coal and steel production capacity originally targeted at cut air pollution, as China’s trade war with the US has begun to affect growth.
China will not repeat last year's blanket production cuts in heavy industries such as steel this winter.
Reuters reported that China aims to launch iron ore options next year, a source with direct knowledge of the matter said, as the world's top buyer of the steelmaking raw material looks to offer more hedging tools to iron ore producers and steelmakers.
China's steel exports continue to decline, hitting a record low in the first two months of 2018. It is largely blamed on the trade friction between the world's two largest economies. Now some other Asian countries are also raising tariffs on China's steel products.
China’s three major steel groups and a state-backed asset management company have create an asset management joint venture to offer financial support for consolidation in the steel sector.
Steel mills in China increased usage of scrap in the first half of 2018, with big steelmakers boosting the ratio of scrap in their converters
China's government is mulling allowing northern provinces to set their own requirements for output cuts across heavy industry during the winter, ditching an earlier plan for the central government to impose blanket rates, a source said on Tuesday.
Focus on precision parts manufacturers
