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Panjiva Insights Old Age, Calm Waters – Economic Outlook

8 November 2019 - 19:33
On Nov. 6 Panjiva Research took part in an Outlook briefing event in Washington DC alongside our colleagues from S&P Ratings’ Economics team. The event was off the record – this report summarizes the main questions asked and the answers provided as well as the results from two polling questions asked at the event and related data-points from Panjiva.

US steel output shrinks import gap in tariffs' wake

15 November 2019 - 19:47
US steel production has risen to fill the gap left by falling imports in the wake of imposition of Section 232 tariffs in March 2018, yet increased output and slowing global growth are weighing on prices and the US industry.

China’s NEVs production declined 9.6% M-o-M in October: NBS

14 November 2019 - 18:45
According to the National Bureau of Statistics, China’s new energy vehicles production in October stood at 85,000 units, down 9.6 per cent from a month before and 39.7 per cent from the same period last year.

China approves funding for first lot of Phase One of Sinohydro Projects in Ghana

13 November 2019 - 18:39
According to a recent report, China has approved the funding of the first lot of Phase One of the Sinohydro projects in Ghana, as per the agreement signed between China and Ghana in 2018. According to the agreement, China will have access to sites to mine bauxite in Ghana in exchange of development assistance from Ghana.

Shanghai rebar’s premium to HRC rises to 2019 high

13 November 2019 - 16:43
Shanghai rebar's price premium to coil has risen to its widest level in almost a year on the back of strong construction demand and weaker auto sales.

Iran Increases Seel Output by 1.5 Million Tons

12 November 2019 - 18:01
Iranian President Hassan Rouhani officially opened Baft Steel mill with a production capacity of over 1.5 million tons a year, in a bid to further raise the country’s metals industry and tap into its vast reserves of metals and minerals.

Senior Iranian Aviation Official Downplays Impacts of US Sanctions

12 November 2019 - 17:53
A senior member of the presiding board of Iran Airports Company underscored that the US has failed in crippling Iran's air industry through pressures and sanctions.

Minister: Iran Welcomes Chinese Investors in Car Industry

11 November 2019 - 18:06
Iranian Industry Minister Reza Rahmani said car manufacturers and part makers of his country welcome Chinese carmakers wishing to invest in Iran.

SE Asia: Imported Scrap Offers Inch Up

11 November 2019 - 13:45
SteelMint learned from industry participants that imported scrap offers to South-East Asia have slightly increased this week, after observing a sharp hike in the previous week.

Over 1,700 Industrial Units Revived Last Year

10 November 2019 - 17:00
A total of 1,726 industrial units, out of the 10,380 inactive ones in Iran, were revived in the last Iranian year (March 2018-19), while 529 were revived during the first half of the current Iranian year (March 21-Sept. 22).
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