Recent News
Panhua Group: Color coated line No. 3 comes into pr
On June 12, color coated line No. 3 of 200,000 mt high-end color coated project at Chongqing production base came online, which exerted a positive impact on the group to further seize the market of hig
Ruizhen Metal
Jun 16, 2023
China’s RRR cut first time in 10 months supports
In order to keep the liquidity in the banking system adequate at a reasonable level, the People’s Bank of China (PBOC) conducted reverse repo operations in the amount of RMB 2 billion ($0.28 billion)
Ruizhen Metal
Jun 16, 2023
NBS: Local Chinese rebar prices up 1.7 percent in e
In early June (June 1-10) this year, the average price in China of 16-25 mm HRB 400 rebar increased by RMB 62.7/mt ($8.8/mt) or 1.7 percent to RMB 3,664.9/mt ($512/mt), compared to prices in late May (
Ruizhen Metal
Jun 16, 2023
Stocks of main finished steel products in China dow
On June 10 this year, overall domestic inventories of the five main finished steel products in 21 major cities in China totaled 9.89 million mt, down 420,000 mt or 4.1 percent compared to May 31, as an
Ruizhen Metal
Jun 16, 2023
CISA mills’ daily steel output up 6.48 percent in
The China Iron and Steel Association (CISA) has announced that in early June (June 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China -
Ruizhen Metal
Jun 16, 2023
CPCA: China’s passenger vehicle retail sales down
Passenger vehicle retail sales in China amounted to 425,000 units in the June 1-11 period this year, down 10.0 percent year on year, while decreasing by 25.0 percent month on month, according to the Ch
Ruizhen Metal
Jun 16, 2023
