Market Insights
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China’s export price of SS400 3mm hot-rolled coil (HRC) under Mysteel’s assessment at North China's Tianjin port rose by $7/tonne during the week of February 2-6 to reach $470/t FOB by last Friday, Mysteel's latest market roundup showed.
China's Ministry of Ecology and Environment (MEE) has released key operational guidance for provincial and regional environment bureaus to manage the national carbon emissions trading system (ETS) in 2026, with a focus on strengthening data integrity and carbon quota allocation and settlement.
Zinc prices fell last week, with Mysteel's China #0 zinc ingot weekly spot average price lowering by 1.37% week on week to an average of Yuan 24,827/tonne ($3,580/tonne). During the week, the price of the most popular zinc derivatives contract on the Shanghai Futures Exchange (SHFE) for May delivery
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