DAILY: China imported iron ore prices rise further
Chinese imported iron ore prices for port stocks and seaborne cargoes both rose for the second straight day on April 18 as market players were generally optimistic regarding the future performance of domestic ferrous commodities. Trading activity retreated in both markets, however.
Apr 18, 2024 19:21
Steel stocks at Chinese traders fall steadily
The steady decline in stocks of the five major steel items held by traders across China under Mysteel's tracking that began in mid-March continues, with inventories thinning for the sixth straight week over April 12-18 by another 4.6%, the results of the latest survey showed. Behind the erosion in s
Apr 18, 2024 18:00
Daily: China LNG prices continue to rise
China spot LNG delivery price averaged at Yuan 4,306/tonne on April 18, up Yuan 36/t from previous trading day. Imported LNG ex-terminal price was at Yuan 4,098/tonne, up Yuan 145/t from previous trading day. LNG sales volume by truck at coastal terminals was 57,750 tonnes on April 17, an increase o
Apr 18, 2024 17:03
WEEKLY: Iron ore demand rises as mills lift output
An emerging trend among Chinese steelmakers recently is to increase their replenishment of iron ore in tandem with the gradual climb in their hot metal production, market sources suggest, though for now, the buying volume remains modest.
Apr 18, 2024 16:45
China's manganese ore prices grow to 14-mth high
Positive sentiment in the domestic market led Chinese prices of manganese ore to continue strengthening this week. As of April 17, the price of South Africa-origin 36.5% grade Mn ore at North China's Tianjin port under Mysteel's assessment was at Yuan 36.5/dmtu ($5/dmtu) including the 13% VAT, highe
Apr 18, 2024 15:45
ELV scrap supply in China seen rising further
The increase in the volume of ferrous scrap recycled from end-of-life vehicles (ELVs) in China will likely continue this month, supported by the strengthening of scrap prices, according to Mysteel's latest monthly report on the country's ELV recycling sector. The growth this month is likely to be li
Apr 18, 2024 14:45
DAILY: China's coking coal sustains robust growth, trades hot
The Chinese coking coal market maintained robust growth on April 17, as recent recovery in the country's coke and steel markets has boosted bullish sentiment and prompted transactions of coking coal, market sources shared.
Apr 18, 2024 11:15
DAILY: China's met coke prices rebound, optimism prevails
Leading steelmakers in North China's Hebei and East China's Shandong announced on April 17 to accept independent coke firms' demand of a Yuan 100-110/tonne ($13.8-15.2/t) rise in metallurgical coke prices, effective on the same day. This marked the landing of the first coke price hike within this ye
Apr 18, 2024 10:45
DAILY: China's pithead thermal coal market robust as sales quicken
China's pithead thermal coal market extended the strong run on April 17, with more miners joining the ranks of lifting their coal offers as inspired by a slight revival in coal trading activities lately.
Apr 18, 2024 10:35
DAILY: China's rebar price, spot sales move up
China's rebar prices continued trending upward on April 17 with the pace quickening further, and spot sales of construction steel items also picked up on the same day, indicating growing market optimism in the near term.
Apr 18, 2024 10:30
Mysteel Iron Ore Index
Imported iron ore prices: China's major cities
China iron ore concentrates price index
Iron ore portside prices: Beilun port
Iron ore portside prices: Zhenjiang port