Market Insights
Top news, commentary and analysis on the China steel and other commodities markets.
Inventories of the five major carbon steel products held by the Chinese steel mills sampled in Mysteel's regular survey continued to climb during the week of February 6-12, with the total tonnage rising for the second week by 4.7% on week to reach 4.16 million tonnes.
Retail inventories of the five major carbon steel products in warehouses across China regularly checked by Mysteel climbed for the sixth consecutive week over February 6-12, according to Mysteel's latest weekly survey, as business has slowed ahead of the Chinese New Year (CNY) break.
China's automotive market slowed down in the first month of 2026, with sales slipping by 3.2% on year to reach 2.35 million units, while auto output rose by a minimal 0.01% from January last year to 2.45 million units, according to the latest release by China Association of Automobile Manufacturers
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