China's prices for carbon steel hot-rolled coil (HRC) are likely to trend lower this month, Mysteel's monthly report on the commodity suggests. The protracted supply-demand mismatch in the hot coil market, elevated traders’ inventories as well as waning cost support are seen weighing on the flat ste

Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks declined for the fourth consecutive week during October 30-November 5, according to Mysteel's latest survey result.

China's metallurgical coke market is expected to come under further downward pressure in November, as a softening steel market may prompt mills to push down coke prices in an effort to rebalance profit distribution along the industrial chain. However, the downside is likely to be limited by potentia