chinese group sparks oversupply fears in steel market

ASX dips 1.6pc; Treasury Wine says it will miss guidance

Feb 25, 2020 · BHP Group dropped 2.1 per cent to $36.33, Commonwealth Bank slid 1.4 per cent to $86.80, Wesfarmers lost 3.6 per cent to $42.55 and Westpac dipped 1.7 per cent to $25.08. China lets yuan fall further, fuels fears of 'currency war'Aug 12, 2015 · The currency has lost 3.5 percent against the U.S. dollar in China in the last two days, and around 4.8 percent in global markets after the People's Bank of China

How China Impacts the Global Steel Industry

Sep 02, 2020 · China has approximately 10 times the steelmaking capacity of the United States. It has been accused of dumping cheap steel on the global market to MINING.COM - Answering Mining's Big QuestionsMay 10, 2021 · The word from Wall St. is dont stop buying now, with Goldman Sachs Group and Bank of America among those advising investors to load up. May 10, 2021 9:26 am China Market report:Global markets sell off on inflation fearsMay 11, 2021 · Asian stocks fell overnight as fears of inflation ramped up. Hong Kong's Hang Seng closed down 1.8%, and Japan's Nikkei slipped 3.1%.The Shanghai

Repeated Defaults by China Industrial Firm Spark Contagion

Dec 02, 2019 · The latest bond default by a Chinese industrial group at the epicenter of a regional debt storm is escalating concerns about a cluster of private firms Sparks fly over steel The EconomistNov 13, 2003 · The price of imported sheet-steel sold to China has risen from $240 a tonne to over $300, while Chinese domestic steel prices have risen by a fifth in the past year. Steel's Soaring Profit Not Good Enough as China Worries May 12, 2017 · Excluding China, the top producer and user, global demand probably will rise 2.4 percent this year, compared with a 0.7 percent increase in 2016, according to the World Steel Association.

The Impact Of Economic Turbulence In China On Metals And

Aug 31, 2015 · The recent stock market turbulence and devaluation of the Yuan are symptomatic of a slowing Chinese economy. Weak Chinese demand for copper, aluminum, steel, and oversupplied global markets for U.S. Fuel Crisis Sparks Refiners to Smash and Grab TankersMay 11, 2021 · (Bloomberg) -- Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on the countrys main pipeline Virus Forces the China Car Shutdown Beijing CouldntFeb 03, 2020 · Fears that the coronavirus will ravage global supply chains rooted in China are spreading fast. For automakers, a hiatus from production in the worlds largest car market may force them to take

China trade conflict reverberates in Asian stainless steel

May 20, 2019 · Oversupply of stainless steel in China is raising concerns among Japanese traders. AKIO OKAMORI, Nikkei staff writer May 20, 2019 13:11 JST TOKYO -- Fears of a fall in stainless steel