{"id":1436,"date":"2017-09-03T12:26:13","date_gmt":"2017-09-03T12:26:13","guid":{"rendered":"http:\/\/kjtehrani.com\/en\/?p=1436"},"modified":"2017-09-03T12:26:13","modified_gmt":"2017-09-03T12:26:13","slug":"china-steel-prices-increase-after-%ef%ac%81re-breakout-at-bengang-blast-furnace","status":"publish","type":"post","link":"https:\/\/kjtehrani.com\/en\/china-steel-prices-increase-after-%ef%ac%81re-breakout-at-bengang-blast-furnace\/","title":{"rendered":"China: Steel Prices Increase after \ufb01re Breakout at Bengang Blast Furnace"},"content":{"rendered":"<p style=\"text-align: justify;\">The biggest blast furnace of northeastern China\u2019s Benxi Iron &amp; Steel (Bengang) and 2nd largest in China caught \ufb01re today morning. The blast furnace having volume of 4,747 cubic metres produces nearly 9,000-10,000 MT hot metal per day.<\/p>\n<p style=\"text-align: justify;\">As per reports, the furnace would be put under maintenance from now onwards and is expected to take nearly six-months to resume operations.<\/p>\n<p style=\"text-align: justify;\">Bengang Steel Plates Co., Ltd is a subsidiary of Benxi Steel Group Corporation Bengang Steel Plates provides steel plates, steel billets and other products. The company distributes its products in domestic markets and to overseas markets, with east China, northeast China and north China as its major markets.<\/p>\n<p style=\"text-align: justify;\">Bengang produced 6.32 MnT of hot rolled \ufb02at steel in H1 CY17, up 15.6% Y-o-Y, and 2,85 MnT cold rolled \ufb02at steel, up 53.8%.<\/p>\n<p style=\"text-align: justify;\">The steel maker had announced increase in its \ufb02at steel prices by USD 52-60\/MT for September.<\/p>\n<p style=\"text-align: justify;\">As an impact of \ufb01re breakout, Chinese steel futures climbed in early morning trading sessions Januaw HRC futures climbed up by about Yuan 138\/MT to Yuan 4,204\/MT.<\/p>\n<p style=\"text-align: justify;\">Steel prices in China are likely to remain strong and less supply may further push steel prices in the near term.<\/p>\n<p><strong>Source Steel Mint powered by Keyvan Jafari Tehrani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The biggest blast furnace of northeastern China\u2019s Benxi Iron &amp; Steel (Bengang) and 2nd largest in China caught \ufb01re today morning. The blast furnace having volume of 4,747 cubic metres produces nearly 9,000-10,000 MT hot metal per day. As per reports, the furnace would be put under maintenance from now onwards and is expected to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,21],"tags":[48,50,46,53,62,47],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China: Steel Prices Increase after \ufb01re Breakout at Bengang Blast Furnace - Keyvan Jafari Tehrani<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kjtehrani.com\/en\/china-steel-prices-increase-after-\ufb01re-breakout-at-bengang-blast-furnace\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China: Steel Prices Increase after \ufb01re Breakout at Bengang Blast Furnace - Keyvan Jafari Tehrani\" \/>\n<meta property=\"og:description\" content=\"The biggest blast furnace of northeastern China\u2019s Benxi Iron &amp; Steel (Bengang) and 2nd largest in China caught \ufb01re today morning. The blast furnace having volume of 4,747 cubic metres produces nearly 9,000-10,000 MT hot metal per day. As per reports, the furnace would be put under maintenance from now onwards and is expected to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kjtehrani.com\/en\/china-steel-prices-increase-after-\ufb01re-breakout-at-bengang-blast-furnace\/\" \/>\n<meta property=\"og:site_name\" content=\"Keyvan Jafari Tehrani\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-03T12:26:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/09\/IMG_20170903_164435-1200x552.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"552\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/kjtehrani.com\/en\/china-steel-prices-increase-after-%ef%ac%81re-breakout-at-bengang-blast-furnace\/\",\"url\":\"https:\/\/kjtehrani.com\/en\/china-steel-prices-increase-after-%ef%ac%81re-breakout-at-bengang-blast-furnace\/\",\"name\":\"China: Steel Prices Increase after \ufb01re Breakout at Bengang Blast Furnace - Keyvan Jafari Tehrani\",\"isPartOf\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\"},\"datePublished\":\"2017-09-03T12:26:13+00:00\",\"dateModified\":\"2017-09-03T12:26:13+00:00\",\"author\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\"},\"breadcrumb\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/china-steel-prices-increase-after-%ef%ac%81re-breakout-at-bengang-blast-furnace\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/kjtehrani.com\/en\/china-steel-prices-increase-after-%ef%ac%81re-breakout-at-bengang-blast-furnace\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/kjtehrani.com\/en\/china-steel-prices-increase-after-%ef%ac%81re-breakout-at-bengang-blast-furnace\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/kjtehrani.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China: Steel Prices Increase after \ufb01re Breakout at Bengang Blast Furnace\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\",\"url\":\"https:\/\/kjtehrani.com\/en\/\",\"name\":\"Keyvan Jafari Tehrani\",\"description\":\"Personal Website\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/kjtehrani.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\",\"name\":\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g\",\"caption\":\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\"},\"description\":\"Keyvan is the owner and CEO of Jame Tejarat Company (JTC) since its establishment in 2002. He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. 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