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 for the second week during June 26-July 2, mounting by 1.9%, the results of Mysteel's latest weekly survey showed.
Chinese imported iron ore prices ended the first half of this year lower on balance, despite a brief rebound in the middle of the period. On June 30, Mysteel SEADEX 61% Australian Fines was assessed at $98.25/dmt CFR Qingdao, lower by $5.85/dmt from January 2. Looking ahead to the July-December
The domestic hog market has recently experienced a structural rebound, characterized by a rapid widening of the standard-to-heavy hog price spread and a sustained increase in the premium for heavy hogs. This has driven a phased uptick in spot pig prices nationwide, with futures prices strengthening
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