China Watchhttp://amm.comhttp://feeds.feedburner.com/ChinaWatch©2014 www.amm.com60China WatchChina capable of absorbing copper surplus: AntofagastaChina’s slowing economy will be able to absorb a copper market surplus in 2014 provided expectations for mine disruptions do not disappoint, according to Antofagasta Plc. http://amm.com/Article/3328248/China-capable-of-absorbing-copper-surplus-Antofagasta.htmlMon, 07 Apr 2014 22:14:00 GMTPollution control impact on China steel seen limitedThe latest temporary pollution control measures imposed on mills in north China are unlikely to have a major impact on the steel market, participants told AMM sister publication Steel First. http://amm.com/Article/3327107/Pollution-control-impact-on-China-steel-seen-limited.htmlThu, 03 Apr 2014 16:55:00 GMTZorba prices drop on weak China demandU.S. export prices for nonferrous auto shred, or zorba, have continued to spiral downward, with market participants saying that recent economic issues in China have prompted buyers to postpone shipments and reduce price quotes.http://amm.com/Article/3323865/Zorba-prices-drop-on-weak-China-demand.htmlWed, 26 Mar 2014 18:18:00 GMTChina rebate plan could hike US pricesU.S. copper scrap consumers could face higher prices if a proposed rebate on value-added tax for China’s scrap recyclers is approved. http://amm.com/Article/3323372/China-rebate-plan-could-hike-US-prices.htmlTue, 25 Mar 2014 21:25:00 GMTZorba exporters turn to India as prices declineU.S. export prices for nonferrous auto shred, or zorba, have continued to fall over the past two weeks, but sources noted that recent demand from Indian buyers could point to a stronger market in April.http://amm.com/Article/3320322/Zorba-exporters-turn-to-India-as-prices-decline.htmlMon, 17 Mar 2014 18:44:00 GMTArmco reaches scrap supply deal with MitsuiArmco Metals Holdings Inc. has reached a long-term steel scrap supply deal with Mitsui & Co. (Shanghai) Ltd., the metals recycler said in a statement March 5.http://amm.com/Article/3316253/Armco-reaches-scrap-supply-deal-with-Mitsui.htmlWed, 05 Mar 2014 18:32:00 GMTWire rod case could lift Turkey exportsTurkey could be the next big exporter of wire rod to the United States if anti-dumping and countervailing duties are imposed on Chinese wire rod shipments in an ongoing trade case, U.S. market sources told AMM. http://amm.com/Article/3313030/Wire-rod-case-could-lift-Turkey-exports.htmlTue, 25 Feb 2014 17:29:00 GMTCOMMENTARY: Walt Robertson weighs in on China and the state of world tradeIn June 1994, while attending AMM’s Steel Survival Strategies IX Conference in New York, several people pointed out that for the first time ever there were attendees from China, and openly wondered why they were there. http://amm.com/Article/3312125/COMMENTARY-Walt-Robertson-weighs-in-on-China-and-the-state-of-world-trade.htmlSun, 23 Feb 2014 23:01:00 GMTChina’s steel market sentiment sinksSentiment weakened in China’s steel market after activity in the country’s manufacturing sector dropped to its lowest level in seven months, according to preliminary data released Feb. 20 by HSBC Holdings Plc’s China purchasing managers’ index (PMI).http://amm.com/Article/3311577/Chinas-steel-market-sentiment-sinks.htmlThu, 20 Feb 2014 19:54:00 GMTFactory data underlies weak Chinese copper marketChina’s physical copper market remains weak and robust import figures are obscuring a slowdown in real business activity, market participants said. http://amm.com/Article/3311570/Factory-data-underlies-weak-Chinese-copper-market.htmlThu, 20 Feb 2014 19:20:00 GMTChina needs to raise its zinc concentrate output: analystChina’s zinc mines need to produce an additional 400,000 tonnes from now until 2018 if they are to meet domestic demand growth, according to Chris Parker, an analyst at consultancy Wood Mackenzie Ltd. http://amm.com/Article/3310824/China-needs-to-raise-its-zinc-concentrate-output-analyst.htmlWed, 19 Feb 2014 15:12:00 GMTChinese wire rod exporters pull back offersChinese wire rod exporters have pulled back on offers to the United States for February over fears that retroactive duties could be applied to imports of Chinese material, market sources told AMM. http://amm.com/Article/3310508/Chinese-wire-rod-exporters-pull-back-offers.htmlTue, 18 Feb 2014 22:02:00 GMTChina to account for nearly half of zinc demandGlobal zinc demand will reach 14.09 million tonnes this year and rise to 14.78 million tonnes in 2015, an executive at a subsidiary of Korea Zinc Co. Ltd. said.http://amm.com/Article/3310395/China-to-account-for-nearly-half-of-zinc-demand.htmlTue, 18 Feb 2014 16:39:00 GMTCredit crunch seen restraining China's steel supply in 2014Tighter credit conditions and more disciplined pricing in China could help steel markets outside China this year by keeping Chinese oversupply in check, according to Jo-Chi Tsou, chairman of Taiwan’s China Steel Corp. http://amm.com/Article/3309343/Credit-crunch-seen-restraining-Chinas-steel-supply-in-2014.htmlFri, 14 Feb 2014 13:50:00 GMTChina’s daily crude steel output falls in late Jan.China’s daily crude steel output fell in late January before the weeklong Chinese New Year holiday. http://amm.com/Article/3308816/Chinas-daily-crude-steel-output-falls-in-late-Jan.htmlThu, 13 Feb 2014 15:39:00 GMTWisco mill upgrade targets high-strength steelCentral China’s Wuhan Iron & Steel (Group) Corp. (Wisco) is modernizing the coiler in its No. 2 hot strip mill to expand its range of high-strength steel products. http://amm.com/Article/3308804/Wisco-mill-upgrade-targets-high-strength-steel.htmlThu, 13 Feb 2014 15:30:00 GMTNew port rules still hurdle for VLOCsNew port regulations on berthing released Feb. 11 by China’s Ministry of Transport continue to pose a setback for larger vessels like very large ore carriers (VLOCs). http://amm.com/Article/3308795/New-port-rules-still-hurdle-for-VLOCs.htmlThu, 13 Feb 2014 15:20:00 GMTChina’s copper imports hit all-time record in JanuaryChina’s copper imports hit a record high in January as buyers expedited shipments ahead of the Chinese New Year holiday. http://amm.com/Article/3308357/Chinas-copper-imports-hit-all-time-record-in-January.htmlWed, 12 Feb 2014 16:45:00 GMTTrade case to impact China wire rod: IrepasU.S. wire rod producers’ anti-dumping action against wire rod imports from China will force Chinese wire rod exporters to find a new home for their material, according to a short-range outlook by the International Rebar Exporters and Producers Association (Irepas). http://amm.com/Article/3307953/Trade-case-to-impact-China-wire-rod-Irepas.htmlTue, 11 Feb 2014 20:28:00 GMTFixed-asset investments still driving economy, but not sustainableThe correlation between China’s growth in gross domestic product (GDP) and steel production suggests that investments, especially fixed-asset investments, still play a large role in the country’s economy. But this investment-driven economy isn’t sustainable. http://amm.com/Article/3306989/Fixed-asset-investments-still-driving-economy-but-not-sustainable.htmlFri, 07 Feb 2014 17:40:00 GMTChina holiday steadies wire rod import pricesWire rod import prices to the United States remain unchanged due to the Chinese New Year holiday, which has kept mill and trader sources out of the market. http://amm.com/Article/3306636/China-holiday-steadies-wire-rod-import-prices.htmlThu, 06 Feb 2014 23:31:00 GMTChinese steelmakers’ profits squeezedChina’s steel industry struggled against overcapacity and weak product prices during 2013. http://amm.com/Article/3305070/Chinese-steelmakers-profits-squeezed.htmlMon, 03 Feb 2014 19:03:00 GMTUS trade case filed against China wire rodA long-awaited trade case has been filed by a coalition of U.S. wire rod producers against imports of carbon and certain alloy steel wire rod from China. http://amm.com/Article/3304545/US-trade-case-filed-against-China-wire-rod.htmlFri, 31 Jan 2014 19:20:00 GMTChina PMI falls, clouding post-holiday outlookChina’s manufacturing sector slowed further in January, with HSBC Holdings Plc’s China purchasing managers’ index (PMI) falling below the crucial threshold of 50 points.http://amm.com/Article/3303911/China-PMI-falls-clouding-post-holiday-outlook.htmlThu, 30 Jan 2014 15:20:00 GMTChina sizes up threat of US wire rod dumping caseChinese steel exporters are closely monitoring a potential trade case situation in the United States, which could see wire rod imported from the Asian country subject to an anti-dumping tax, market participants told AMM sister publication Steel First. http://amm.com/Article/3302704/China-sizes-up-threat-of-US-wire-rod-dumping-case.htmlTue, 28 Jan 2014 15:17:00 GMTChina's daily crude steel output up again in mid-Jan.China’s daily crude steel output rose again in mid-January, even as demand remained weak in a depressed market. http://amm.com/Article/3302703/Chinas-daily-crude-steel-output-up-again-in-mid-Jan.htmlTue, 28 Jan 2014 15:15:00 GMTSHFE's hot-rolled coil futures contract OK'dChinese regulators have approved the Shanghai Futures Exchange’s (SHFE’s) hot-rolled coil futures contract. http://amm.com/Article/3302231/SHFEs-hot-rolled-coil-futures-contract-OKd.htmlMon, 27 Jan 2014 16:47:00 GMTWire rod prices up on steady demandU.S. wire rod transaction prices increased this past week due in part to steady demand, according to market sources. http://amm.com/Article/3301825/Wire-rod-prices-up-on-steady-demand.htmlFri, 24 Jan 2014 21:39:00 GMTZorba export prices flat despite twitch spikesWeak international demand for zorba, a nonferrous auto shred, has prevented possible price increases for the grade, despite recent spikes in the domestic price of twitch, a high-grade nonferrous auto shred. http://amm.com/Article/3301800/Zorba-export-prices-flat-despite-twitch-spikes.htmlFri, 24 Jan 2014 20:06:00 GMTNDRC to ease approval for Chinese overseas mining investmentChina’s National Development and Reform Commission (NDRC), the country’s economic regulator, is simplifying its approval process for Chinese companies seeking to invest abroad. http://amm.com/Article/3301669/NDRC-to-ease-approval-for-Chinese-overseas-mining-investment.htmlFri, 24 Jan 2014 16:29:00 GMTChina drives up 2013 crude steel outputGlobal crude steel production rose 3.5 percent last year compared with 2012 as China, the world’s largest steel producer, posted a 7.5-percent gain to more than 779 million tonnes, according to data released by the World Steel Association Jan. 23. http://amm.com/Article/3301624/China-drives-up-2013-crude-steel-output.htmlFri, 24 Jan 2014 15:51:00 GMTChina sees refined copper output climb 7.1% in Dec.China’s refined copper output rose 7.1 percent year on year in December amid solid demand following healthy treatment and refining charges (TC/RCs).http://amm.com/Article/3300934/China-sees-refined-copper-output-climb-71-in-Dec.htmlThu, 23 Jan 2014 16:04:00 GMTEx-Cisa secretary general found guilty of corruptionShan Shanghua, former secretary general of the China Iron and Steel Association (Cisa), has been sentenced to three years in prison after being found guilty of corruption.http://amm.com/Article/3300847/Ex-Cisa-secretary-general-found-guilty-of-corruption.htmlThu, 23 Jan 2014 14:07:00 GMTAleris mill in China certified for aircraft plateAleris International Inc. has received approval to produce aluminum plate for aircraft at its new rolling mill in Zhenjiang, China.http://amm.com/Article/3298244/Aleris-mill-in-China-certified-for-aircraft-plate.htmlThu, 16 Jan 2014 15:53:00 GMTChina cold-rolled wave hits US, more expectedLarge volumes of imported flat-rolled steel have begun to hit U.S. shores, and buyers and sellers predict increasing volumes through the first half of 2014. http://amm.com/Article/3291701/China-cold-rolled-wave-hits-US-more-expected.htmlThu, 19 Dec 2013 22:22:00 GMTBaosteel temporarily shuts nearly all US officesBaosteel America Inc. has temporarily closed all but one of its U.S. sales offices at a time of increasing regulatory and trade restrictions against imports of Chinese material. http://amm.com/Article/3291195/Baosteel-temporarily-shuts-nearly-all-US-offices.htmlWed, 18 Dec 2013 20:34:00 GMTZorba export prices steady; uptick eyedU.S. export prices for zorba have stabilized despite falling demand from Chinese buyers, sources said, noting that gains in terminal markets were "artificially holding the zorba market up." http://amm.com/Article/3291182/Zorba-export-prices-steady-uptick-eyed.htmlWed, 18 Dec 2013 19:24:00 GMTChina challenges US trade measures vs. OCTG at WTOChina has filed a World Trade Organization (WTO) request for consultations with the United States on anti-dumping measures on 13 products, including oil country tubular goods (OCTG). http://amm.com/Article/3289788/China-challenges-US-trade-measures-vs-OCTG-at-WTO.htmlFri, 13 Dec 2013 17:00:00 GMTChina’s Nov. daily crude steel output falls, but growth seen aheadChina’s daily crude steel output fell last month to the lowest level this year, but one government-backed think tank sees growth ahead. http://amm.com/Article/3288274/Chinas-Nov-daily-crude-steel-output-falls-but-growth-seen-ahead.htmlTue, 10 Dec 2013 16:23:00 GMT