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Pig iron price remains low
China’s pig iron market price from July 2016 1700RMB per ton rised all the way to March 2017 3200RMB per ton, reaching 188.2%. But from April to June it fell to 2650RMB tons,decline by 17.2% than March. Dinsen analysis for the following reasons: 1)Cost: Impacted by steel shock adjustment a...Read more -
Pig iron price rises
Under the influence of international price of iron ore, recently scrap steel price soared and pig iron price started to rise. Also environmental protection impacts that high quality carburizing agent is out of stock. Then casting iron price may rise in future month. Here is the following details:...Read more -
RMB exchange rate stabilise
How Fed rate impact on RMB exchange rate? Many analysts expect that RMB exchange rate will continue to stabilise. Beijing time June 15 at 2 am, the Federal Reserve raised interest rates 25 basis points, the federal funds rate from 0.75%~1% increasing to 1%~1.25%. Many analysts believe that the Fe...Read more -
Production stop! Price rises! What does Dinsen do to deal with
Recently the following information is popular in China: “Hebei stop, Beijing stop, Shandong stop, Henan stop, Shanxi stop, Beijing-Tianjin-Hebei comprehensive stop production, now it is that money can’t buy products. Iron roaring, aluminum calling, carton laughing, stainless steel jumping, ...Read more