Market Insights
Top news, commentary and analysis on the China steel and other commodities markets.
Billet prices in Tangshan in North China's Hebei province pulled back during the week of March 23-29 after gaining for four consecutive weeks, with Mysteel assessing the price of Q235 150mm square billet in the city at Yuan 2,970/tonne ($430/t) EXW including the 13% VAT on March 29, down by
Below is the brief near-term outlook for five key steel products Mysteel shares on a weekly basis, drawing upon the results of related surveys and communication with Chinese market participants.
Last week, the spot price of cobalt intermediates was quoted at USD $25.826.0 per pound, remaining unchanged. Market liquidity was extremely limited, with no transactions concluded. Only an earlier transaction at USD $25.8 per pound was recorded, while current offers remain at USD $26.0/lb. Shipment
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