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 continued to retreat last week, with Mysteel assessing the price of Q235 150mm square billet in the city on February 8 at Yuan 2,910/tonne ($420/t) EXW including the 13% VAT, down by Yuan 30/t on week.
China's stainless steel production rose in January as mills ramped up operations to capitalize on firm prices and healthy margins, Mysteel's latest survey results show.
Total coal exports through Gladstone port in Northeast Australia's Queensland in January dropped 11.4% from last December to 5.8 million tonnes, according to the latest data from Gladstone Ports Corporation (GPC).
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