Market Insights
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Crude steel production among China's top 10 steelmaking provinces and autonomous regions totaled 4.68 million tonnes over January-August, posting a faster on-year fall of 3% as against the decrease of 2.7% for the first seven months, according to the latest data from the National Bureau of Statistic
Offers for Indian hot-rolled coil (HRC) to Vietnam – the largest market for Indian hot coils in Asia – have become extremely scarce as surging prices at home have prompted Indian mills to prioritize domestic sales and those to more profitable markets such as Europe, Mysteel Global has learned.
Since the beginning of 2026, China's domestic corn starch futures and spot prices have generally shown a "rise first, then fall" trend, but in terms of pace, futures have clearly led spot prices.
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