China keeps churning out steel that no one wants to buy. In China, a small number of steelmakers use electric arc furnaces, or EAFs, that remelt piles of scrap from old cars or torndown buildings ...

22/07/2021 · Daily crude steel output among the member mills of the China Iron Steel Association (CISA) rebounded in ten days over July 1120, up % or 56,092 tonnes/day from the average over July 110 to million t/d on average, according to the association's sharing on July 22, as more steel mills have returned to the normal operations after the ...

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17/12/2020 · China's steel mills are asking BHP and Rio to change the way iron ore is priced. While the miners have surely made all the right sympathetic noises about the price surge, one suspects it wouldn ...

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19/07/2021 · Buying prices for steel billet in China climbed throughout last week on expectations that many mills would need to reduce output in the second half of the year, because China's authorities were targeting 2021 steel production at a level below last year's total of billion tonnes. Chinese buyers bought several cargoes of 150mm 3sp blast furnace (BF) billet last week.

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16/01/2021 · Close down the Govt Steel Mills and then give Chinese to build their steel mill to earn billions . Goshhhhh !!! Recommend 0. DA. Jan 16, 2021 12:14pm.

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01/07/2021 · Chinese prices of imported iron ore for both port inventories and seaborne cargoes made further gains on July 1 but buying by steel mills was still feeble. The Mysteel SEADEX 62% Australian Fines index climbed by /dmt on day to reach /dmt CFR .

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