Retail inventories of the five major carbon steel products stockpiled in warehouses across China under Mysteel's tracking soared during February 13-23, according to the latest weekly survey, as market conditions quietened during the nine-day Chinese New Year (CNY) break that began on February 15.

During the 2026 Chinese New Year holiday, the high-grade nickel pig iron (NPI) and FeNi market entered its traditional off-season, with spot trading essentially at a standstill and price indices holding at pre-holiday levels.   On the cost side, over the Chinese New Year break, Indonesia's Ministry

During the Chinese New Year holiday period, the lithium-ion battery recycling market experienced weak supply and demand, with prices remaining stable and a lack of market transactions. Most processing plants suspended operations during the holiday, while hydrometallurgical plants generally maintaine