Steel News

We strive to let you one step ahead of the market.

China's steel production restrictions continuing

28 Oct 2021 15:40 reported by Bruce Wang

A A A
Even if China's daily crude steel output has dropped to its lowest level since 2017, China seems not to stop its limitation on crude steel output.

After introducing new restrictions on coal price trading yesterday (October 27), China's futures prices tumbled, which also affected related products prices in Singapore Exchange.

According to statistics from China Iron and Steel Association (CISA), daily steel output kept falling in early and middle October and steel output had fallen to the lowest level since 2017.

However, in order to reduce carbon emission and energy consumption, restrictions on steel mills are being continued, which concerned market participants.

Back to Steel News

Related News

JSPL plans to develop Paradip Port for export

  • Industry activities
  • 8 Dec 2021 16:38

India and Russia have discussion on specialty steel production under PLI Scheme

  • Industry activities
  • 8 Dec 2021 16:05

Vale tests biochar on large scale to replace mineral coal

  • Industry activities
  • 7 Dec 2021 16:15

China’s Shagang to purchase ironmaking capacity from Delong Nickel

  • Industry activities
  • 7 Dec 2021 16:02

IABr: Brazil's apparent steel consumption hikes in 2021

  • Industry activities
  • 7 Dec 2021 16:00

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,286.50
  • 3,221.50
  • Aluminum
  • 2,624.50
  • 2,619.00
  • Copper
  • 9,646.00
  • 9,602.00
  • Nickel
  • 20,300.00
  • 20,060.00

Learn more

Coil Exchange Center

  • 2B Coil-Jan
  • 3,875
  • 3,735
  • NO1 Coil-Jan
  • 3,845
  • 3,705
  • 2B Coil-Jan
  • 3,875
  • 3,735
  • NO1 Coil-Jan
  • 3,845
  • 3,705

Learn more