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Macro Roundup (Oct 30)

2020-10-30 09:41:06

SHANGHAI, Oct 30 (SMM) — This is a roundup of global macroeconomic news last night and what is expected today. The dollar held gains against a basket of major currencies on Thursday as escalating coronavirus cases in Europe stoked investor fears that fresh lockdowns would further hit the already ...

Operating rates of blast furnaces across Chinese steelmakers rose 0.46 percentage point on week

2020-10-29 14:56:08

SHANGHAI, Oct 29 (SMM) - Operating rates of blast furnaces at Chinese steelmakers increased this week, as some steel mills have resumed production from maintenance. An SMM survey showed that the average operating rate of BFs at steel mills in China rose 0.46 percentage point from the prior week and ...

Nickel ore exports will decrease due to double typhoons landing in the Philippines

2020-10-28 11:06:16

SHANGHAI, Oct 28 (SMM) — Recently, Typhoon Quinta and Morafi hit the Philippines, among which surigao and Zambales were seriously affected. At present, the shipment has basically stagnated. The shipment volume greatly declined due to the weather in the Philippines in July-August, and normal shipment ...

China stainless steel exports dipped 2.13% in September

2020-10-28 11:04:40

SHANGHAI, Oct 28 (SMM) – China's exports of stainless steel fell 6,000 mt or 2.13% month on month and decreased 21.8% year on year to 263,500 mt, showed China customs data compiled by SMM. China imported 177,100 mt of stainless steel last month, up 31.8% from August and up 74.4% from September 2019. ...

China's copper cathode imports rose 7.6% in September

2020-10-27 12:32:21

SHANGHAI, Oct 27 (SMM) — Customs data showed that China imported 505,900 mt of copper cathode in September, up 7.6% from August and up 60.8% from a year ago, and imports totalled 3.46 million mt in the first nine months of this year, rising 40.6% from the same period last year. China's copper ...

LINE PIPE,GENERAL SA 312 316H PIPE(4"SCH40 PIPE-500MM

2020-10-26 15:20:15

LINE PIPE,GENERAL SA 312 316H PIPE(4"SCH40 PIPE-500MM

LINE PIPE,GENERAL SA 312 316H PIPE(10"SCH80 PIPE-500MM

2020-10-26 14:21:40

LINE PIPE,GENERAL SA 312 316H PIPE(10"SCH80 PIPE-500MM

LINE PIPE,GENERAL SA 312 316H PIPE(20"SCH80 PIPE-500MM

2020-10-26 14:18:15

LINE PIPE,GENERAL SA 312 316H PIPE(20"SCH80 PIPE-500MM

SMM Morning Comments (Oct 26): Shanghai base metals were mostly lower amid surging COVID-19 cases globally and US stimulus uncertainties

2020-10-26 11:22:48

SHANGHAI, Oct 26 (SMM) — Shanghai base metals mostly declined on Monday morning, while their counterparts on the LME also fell for the most part, as COVID-19 continues to spread around the world and whether a US fiscal stimulus package would come out before the Nov. 3 election remains unknown. ...

Scrap aluminium restrictions: Coastal areas likely to be affected

2020-10-23 13:40:59

SHANGHAI, Oct 23 (SMM) — Prices of scrap aluminum have risen steadily with aluminum prices due to concerns about the decrease in the import quantity of Q4 and the peak season of end-user automobile consumption. Aluminum prices fell and than surged again during September 10 to September 20, and once ...

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Macro Roundup (Oct 30)

Operating rates of blast furnaces across Chinese steelmakers rose 0.46 percentage point on week

Nickel ore exports will decrease due to double typhoons landing in the Philippines

China stainless steel exports dipped 2.13% in September

China's copper cathode imports rose 7.6% in September

LINE PIPE,GENERAL SA 312 316H PIPE(4"SCH40 PIPE-500MM

LINE PIPE,GENERAL SA 312 316H PIPE(10"SCH80 PIPE-500MM

LINE PIPE,GENERAL SA 312 316H PIPE(20"SCH80 PIPE-500MM

SMM Morning Comments (Oct 26): Shanghai base metals were mostly lower amid surging COVID-19 cases globally and US stimulus uncertainties

Scrap aluminium restrictions: Coastal areas likely to be affected

Butt Weld Fittings

Stainless Steel Elbow

Stainless Steel Tee