Chinese steel production posted a rare drop in October, while domestic steel prices have been buoyed by the property sector. Paul Bartholomew and Sebastian Lewis analyze China’s key economic indicators, and what they mean for the metals sector.
Posts tagged ‘steel’
 
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December 4, 2019 10:02 UTC 
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“Trade wars are good, and easy to win,” President Donald Trump tweeted in March 2018 after imposing sweeping tariffs on US imports of steel and aluminum. The application of a little-known trade remedy sent shockwaves across the metal markets and upended well-established supply chains. More than two years have passed since the Section 232 investigation was carried out by the US Department of Commerce, under provisions in a 1962 trade act, and 20 months since the tariffs were imposed on the grounds of national security. |
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November 28, 2019 09:43 UTC
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S&P Global Platts hosted its Ferrous & Steel Outlook event in Singapore last week. Here are five key takeaways from the event. |
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November 19, 2019 08:28 UTC
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This new monthly feature looks at key auto markets around the globe, including output and sales trends and the impact on relevant steel and metals prices. The auto sector accounts for around 25% of steel consumption in the US and Germany, 7% in China and 12% in India. The sector will play a growing role in metals demand in emerging nations. |
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November 4, 2019 10:00 UTC
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LNG breaks new records either side of the Atlantic in this week’s pick of energy and commodities trends from S&P Global Platts editors. Plus: US crude imports and refining, German power price dynamics and more. |
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October 29, 2019 06:30 UTC
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In a new monthly post, S&P Global Platts analyzes China’s key economic indicators, and what they mean for the metals sector. Chinese commodity prices softened over September and into the first half of October, while economic data was mixed over the same period. |
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October 21, 2019 05:30 UTC
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China’s latest economic data continues to paint a subdued picture for commodity and energy demand, while lower drilling counts in the US raise questions about the pace of future supply growth. S&P Global Platts editors shed light on these and other trends, including a Nordic wind power boom, US-Turkey steel trade, and more. |
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October 7, 2019 06:17 UTC
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A new production record for Permian basin gas, and rising transport costs for crude oil into Asia, are top of S&P Global Platts editors’ picks this week. Plus: EU renewables output, Egypt’s return to abundant natural gas supply, a US power price spike, and the squeeze on European steel mill margins. |
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October 3, 2019 08:59 UTC
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China’s recent battle against waste imports into the country has proved a success, as August ferrous scrap imports fell to zero, a figure unseen for the past 20 years in the country, according to the latest customs figures. Since late December 2018, China has been slowly isolating itself from the global scrap market. The restrictions on ferrous scrap imports are part of a pushback against the country’s prior, unwanted, role as a dumping ground for global waste. |
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September 16, 2019 14:27 UTC
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Geopolitical risk and oil markets top this week’s pick of energy and commodities themes from S&P Global Platts editors. Plus, Ukraine’s role in European gas supply, steel scrap prices as a bellwether for economies, and a milestone approaches for US LNG exports. |