Market Insights
As of April 18, China's zinc ingots' social inventory of six districts decreased by 1,000 tonnes from Monday but increased by 6,400 tonnes from last Thursday to 209,800 tonnes, according to Mysteel's survey. Written by Durand Du, duxiaoyu@mysteel.com Edited by Paula Xu, xuzhongping@mysteel.com
The number of profitable steel mills in China has increased steadily since the second half of March, and now about half of all Chinese steel mills are gaining some profits when selling their steel, thanks to their lower production costs and the recovery in finished steel prices, Mysteel Global
Domestic production of iron ore concentrates among the 186 Chinese mining enterprises Mysteel regularly tracks averaged 518,300 tonnes/day over April 5-18, rising by a small 2,200 t/d or 0.4% on fortnight, according to Mysteel's latest survey results.
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China's zinc ingots social inventory increases this week
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