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##tihuan2##"The current margin is not too low to prompt steel mills to reduce production," said a China-based trader. Firm steel demand in both domestic and export markets was seen. China's finished-steel exports in the first nine months jumped 31.8%, or 16.11 million mt, on the year to 66.81 million mt, Chinese customs data showed.
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##tihuan2##After the acquisitions by Baowu, Jingye, Ansteel and Shagang are completed, China's five largest steelmakers will account for 34% of the country's …
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##tihuan2##Although poor steel profit margins have recently forced some mills in the Shanxi and Shaanxi provinces to trim production, these newly commissioned facilities have partly offset the cuts in China's overall steel output. Some mill sources in northern and eastern China also said that with these newly-added capacity and most mills still …
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##tihuan2##BEIJING (Reuters) - China's crude steel output in August fell 6.1% from July, a third straight month of declines, as steelmakers grappled with losses from a decline in steel prices.
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##tihuan2##Melbourne — China's steel mill margins have reached their highest level since last December, supported by soaring finished steel prices and a slight softening of raw material input prices, S&P Global …
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##tihuan2##China had set a target to increase the ratio of the top 10 steelmakers' crude steel output to China's total output to 60% by 2025. The latest acquisition brought the …
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