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Retail inventories of the five major carbon steel products in warehouses across China regularly checked by Mysteel rose for the fifth consecutive week over January 30-February 5, according to Mysteel's latest weekly survey.
China's zinc prices continued trending down on February 5, with the Shanghai Futures Exchange (SHFE) zinc main contract closing price decreasing by Yuan 490/tonne day on day to Yuan 24,395/tonne. Macro sentiment cooled and geopolitical conflicts eased, coupled with soft downstream demand ahead of th
China Steel Corp (CSC), Taiwan's largest steel mill headquartered in South Taiwan's Kaohsiung, has decided to raise the list prices of its major steel products by another TWD 500/tonne ($15.8/t) for local sales in March in response to higher production costs and firm steel prices in the global marke
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