Market Insights
Top news, commentary and analysis on the China steel and other commodities markets.
Retail stocks of the five major carbon steel items stockpiled in the commercial warehouses across China that Mysteel regularly monitors rose by nearly 2% during the week of June 19-25, bringing an end to the 14-week slide in stocks, the results of Mysteel's latest weekly survey showed. Survey respon
The three major edible oil futures on Dalian Commodity Exchange (DCE) collectively weakened on June 25, with palm oil and rapeseed oil leading the decline primarily driven by significantly softening crude, in addition to rumors regarding Australia's canola exports, according to Mysteel's analysis.
For several years, the dominant export destinations for China’s carbon steel hot-rolled coil (HRC) exports were countries in Southeast Asia and Middle East, but this changed during this year’s January-May period, with Pakistan emerging as the largest importer of Chinese coils during the period, new
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