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Min Zhang

Shanghai stainless steel rebounds as nickel prices surge, other ferrous metals tumble

Oct 21 2021

(Reuters) -Chinese stainless steel futures snapped a three-session losing streak on Thursday, buoyed by a surge in steelmaking ingredient nickel prices, although analysts warn that downstream consumption of the metal remains sluggish.

China's commodity prices tumble after planner mulls coal intervention

Oct 20 2021

BEIJING China's commodities markets tumbled on Wednesday, led by sharp falls in thermal coal prices, after the state planner said it was considering intervention to cool record prices of the fuel that is vital to power the world's second biggest economy.

UPDATE 2-China Sept iron ore imports fall 1.9% m/m on sluggish demand at mills

Oct 13 2021

* Sept steel products exports down 2.6% from a month ago (Adds bullet points, detail and named item code, analyst comment)

China's metal consumers to feel supply sting from forced power cuts

Sep 29 2021

Metal consumers in China, from appliance makers to auto, construction and solar panel firms, are readying themselves to face potential supply shocks after power curbs and shortages forced several smelters to cut production in recent weeks.

UPDATE 1-Shanghai stainless steel extends losses as power crunch hits demand

Sep 29 2021

BEIJING, Sept 29 Chinese stainless steel futures dropped more than 3% on Wednesday, declining for a fourth straight session, as demand for the metal was dampened by slowing manufacturing activities amid a power crunch in the country.

Shanghai stainless steel extends losses as power curbs hit demand

Sep 29 2021

BEIJING, Sept 29 Chinese stainless steel futures dropped more than 3% on Wednesday, declining for a fourth straight session, as demand for the metal was dampened by slowing manufacturing activities amid a power crunch in the country.

China power crunch spreads, shutting factories and dimming growth outlook

Sep 27 2021

BEIJING Widening power shortages in China have halted production at numerous factories including many supplying Apple and Tesla, while some shops in the northeast operated by candlelight and malls shut early as the economic toll of the squeeze mounted.

RPT-WRAPUP 1-China power crunch spreads, shutting factories and dimming growth outlook

Sep 27 2021

BEIJING, Sept 27 Widening power shortages in China have halted production at numerous factories including many supplying Apple and Tesla, while some shops in the northeast operated by candlelight and malls shut earlier as the economic toll of the squeeze mounted.

WRAPUP 1-China power crunch spreads, shutting factories and dimming growth outlook

Sep 27 2021

BEIJING, Sept 27 Widening power shortages in China have halted production at numerous factories including many supplying Apple and Tesla, while some shops in the northeast operated by candlelight and malls shut earlier as the economic toll of the squeeze mounted.

China's power crunch begins to weigh on economic outlook

Sep 27 2021

BEIJING, Sept 27 China's power crunch, caused by tight coal supplies and toughening emissions standards, has triggered a contraction in heavy industry across several regions and is dragging on the country's economic growth rate, analysts said.

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