China Steel Corp (2002.TW)
26 Jul 2016
Wed, Jul 13 2016
WASHINGTON, July 13 The United States challenged China's export duties on nine key metals and minerals on Wednesday, arguing they violate Beijing's commitments to the World Trade Organization (WTO) and give an unfair advantage to Chinese manufacturers.
> ECB tweaks growth, inflation forecasts a shade higher > OPEC fails to agree policy but Saudis pledge no shocks > U.S. private payrolls rise in May; weekly jobless claims fall > Pound would sink 9 percent if country voted to leave EU-poll > COLUMN-Tightening London market a test for zinc bulls > Cutting corners? China SUV makers forego key safety feature ...............................................................
* Surging steel exports driven by demand and competitiveness (Adds background)
MANILA Iron ore and steel futures in China fell to 12-week lows on Tuesday as sputtering steel demand has trapped traders that restocked heavily during last month's price rally with unwanted products.
SHANGHAI Chinese steel futures edged up on Friday, but rising output and seasonal weakness in demand in the world's top consumer of the metal keep pressuring prices.
SINGAPORE Chinese steelmakers attacked new U.S. import duties on the country's steel products as "trade protectionism" on Thursday, saying the world's biggest producer needs time to address its excess capacity.
SHANGHAI/WASHINGTON, May 18 China said it would persist with controversial tax rebates to steel exporters to support the sector's painful restructuring, defying a United States move to impose punitive import duties on Chinese steel products.
LAUNCESTON, Australia, May 16 Commodity markets like to throw up little ironies, the latest being China's steel futures having their worst week on record just as economic data came out that provided fundamental support for prices.
LAUNCESTON, Australia Commodity markets like to throw up little ironies, the latest being China's steel futures having their worst week on record just as economic data came out that provided fundamental support for prices.
SHANGHAI The recent rapid improvement in Chinese steel prices is not sustainable and will not hinder the country's efforts to tackle overcapacity in the sector, a government official said on Thursday.