In September, the new-season corn in the North China Plain has already begunharvesting, and deep-processing enterprises in the Northeast producingareas have also successively disclosedpurchase prices. The 2026/27 corn market has officially kicked offthe keytransition between old and new crop.

Steel demand from end users has yet to show any significant recovery so far this month, leaving China's steel prices still under pressure, according to the latest monthly report of the China Iron & Steel Association (CISA).

Financial institutions need to adapt their services to support China's steel industry as it enters a new phase of transformation, with changes in demand, rising carbon costs and a more challenging overseas trade environment reshaping the sector, according to Li Wenshi, executive vice president of Ch