As of July 25, the social inventory of lead ingots in China's major markets continued to decrease by 4,500 tonnes from July 22 and 21,500 tonnes from July 18 to 36,500 tonnes, according to Mysteel's survey.                    Data Source: Mysteel     Amid lead price declines this week, most smelting

Mysteel's latest assessment shows that the price spread between 61.5% Fe PB Fines and 56.5% Fe Super Special Fines (both at Qingdao port) had narrowed to a three-month low at Yuan 151/wmt ($20.8/wmt) as of July 25, registering an on-month decline of Yuan 16/wmt. Buying interest of steel mills in

The looming introduction of new rebar standards has impacted China's market for construction steel, jolting it out of its summer slumber, with steelmakers and traders rushing to sell off their existing rebar stockpiles before the new rules take effect. At a time when prices are already soft because