Market Insights
Top news, commentary and analysis on the China steel and other commodities markets.
Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks declined for the fifth week in a row during November 6-12, according to Mysteel's latest survey result.
Angang Steel Co (Ansteel), the Shenzhen-listed arm of China's second-largest steelmaker Ansteel Group, has decided to clip the list prices of its carbon steel hot-rolled coils (HRC) by Yuan 50/tonne ($7.5/t) for domestic sales in December, according to the company's latest announcement on November 1
China's refined oil product exports look set to stay high through the final two months of 2026. A fresh batch of export quotas, more crude arriving at Chinese ports and a gradual recovery in refinery runs are all pointing the same way. But the increase will not be shared evenly
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