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  • Electric vehicles boost demand for minerals 2017-12-11

    The age of the electric vehicle is upon us. No longer are EVs just for the super-rich or the environmental activist. They’re market-competitive vehicles with prices and performance that are equal — or soon to be equal — to their gasoline or diesel rivals. Sales of EVs are soaring. Consider that between 2010 and 2015, just 1 million EVs were sold globally. More than 2 million EVs are expect…

  • Refractories ! What's Coming in the New Year 2018 2017-12-11

    2017 was a challenging year for most Refractory producers and it's user industries in India, mainly steel plants. The challenges were not in terms of technologies  towards producing the highest grade of steel with highest grades of Refractories OR reducing the specific consumption of Refractories in line to advanced countries, but in…

  • Update of steel situation in ASEAN-6 in the first half of 2017 2017-12-09

    Dec. 9, 2017 - Apparent steel consumption in the first half of 2017 in ASEAN 6 countries, namely, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam registered a moderate decline of 6% y-o-y. This was mainly due to a significant decrease in steel demand in Thailand and Vietnam and a moderate decline in Malaysia.   Indonesia’s apparent steel demand increa…

  • India's steel capacity is targeted to reach 150 million tonne by 2020 2017-12-09

    Dec. 8, 2017 - Indian government is poised to finalize plans to set up two new steel plants in the southern states of Andhra Pradesh and Telangana, working on the promise to set up two such units in the wake of the bifurcation of Andhra Pradesh. A task force created to prepare a feasibility report on the proposed new plants has submitted its report, steel minister Birender Singh said on Frida…

  • Coal-to-gas transition in China: postponed by natural gas shortage 2017-12-08

    Dec. 7, 2017 - China has put the brakes on its push to replace coal with natural gas in northern regions, when seeing a short supply of heat in cold weather. The Ministry of Environmental Protection had issued an urgent notice on Monday to relax a coal ban across 28 northern cities amid a severe natural gas shortage, telling local governments in regio…

  • U.S. slaps duties on Vietnamese steel originating from China 2017-12-07

    Dec. 6, 2017 - The U.S. Commerce Department on Tuesday slapped steep import duties on steel products from Vietnam that originated from Chinese-made steel. The agency said the Vietnamese products were circumventing existing U.S. anti-dumping and anti-subsidy orders on the same products from China. The Commerce Department said it would apply the same anti-dumping dutie…

  • Refractories industry seems to have another shock on natural gas shortage 2017-12-07

    Dec. 7, 2017 - In 2017, as one of the cleanest energy, liquefied natural gas has become an environmentally-friendly energy that most China refractory enterprises have to choose against severe environmental protection policy. At the very time in late 2017, when most industrial enterprises have upgraded to natural gas powered furnace after a series of shutdown, improvement,and environme…

  • China's warm start to winter heats up Chinese steel 2017-12-07

    Dec. 6, 2017 - A warm start to the winter has boosted steel prices and margins for mills in China, the world's top producer, as the higher temperatures have allowed projects to proceed that would normally have come to a halt. The delay in the seasonal drop-off in demand from the construction sector has prolonged a year-long rally in steel prices and pushed profits to their highest since…

  • China Exports of other Refractory Products to Different Destinations (1-9, … 2017-12-07

    Destination Quantity (Kg) Value (US$) YoY Growth Rate (%) Quantity Value India 5,436,867 6,136,881 …

  • China Exports of *Al2O3-SiO2 Refractory Products to Different Destinations … 2017-12-07

    Destination Quantity (Kg) Value (US$) YoY Growth Rate (%) Quantity Value Korea, Rep. 87,713,085 48,429,156 …

  • China Exports of *Basic Refractory Products to Different Destinations (1-9,… 2017-12-07

    Destination Quantity (Kg) Value (US$) YoY Growth Rate (%) Quantity Value Japan 88,807,613 78,972,844 9.2 …

  • New Zealand Steel sues government over Chinese import decision 2017-12-06

    Dec. 5, 2017 - NZ Steel is suing the government over the previous Commerce and Consumer Affairs Minister’s decision not to take action over Chinese steel dumping. In July, then Commerce Minister Jacqui Dean said she would not impose countervailing duties on imports of galvanised steel coil from China. A Ministry of Business investigation found Chinese imports o…

  • China exports of magnesia continue to climb in October 2017 2017-12-06

    Dec. 6, 2017 - In October, China exported 53.17 thousand tons of caustic calcined magnesia (CCM), soaring 106.3% YoY, chiefly to the U.S. (14.02 thousand tons), Japan (10.40 thousand tons) and Taiwan (4.81 thousand tons). Total exports in the first ten months were 530,404,677 tons, surging 99.2% YoY. In October, 44.61 thousand tons of dead burned magnesia (DBM) was expo…

  • India eyes 150 million tons of steel production by 2020 2017-12-06

    Dec, 06, 2017 - India’s Steel Secretary Dr. Aruna Sharma, throwing more light on the outlook for the industry going forward, said the country is expected to reach close 150 million tonnes of steel production by 2020 on back of various commitments and expansion plans that are in the offing but both the integrated big steel plants, PSUs and secondary sector.  She is also confident of…

  • China's 2018 steel output seen rising even after mill closures 2017-12-05

    Dec. 3, 2017 - China's crude steel output is expected to rise 3 percent to 832 million tonnes this year, and by a further 0.7 percent in 2018, as major mills ramp up operations, offsetting the impact of the shutdown of outdated plants, a government body said on Monday. Output in 2018 will be 838 million tonnes, said the China Metallurgical Industry Planning and Resea…

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