DAILY: China's import iron ore prices mixed, sales slow
Chinese prices for imported iron ore were mixed for port stocks and seaborne cargoes on March 28, with prices for the former extending their decline while those for the latter picked up slightly. Trading activity in the two markets thinned, however.
Mar 28, 2024 19:25
MYSTEEL: China's scrap sector must adjust business models as market shifts
China's steel scrap market has spent most of the January-March quarter in the doldrums, with scrap prices continuing to decline, even though first quarter is usually when the country's ferrous industry picks up. For the country's scrap collectors and distributors, now might be the time to see if the
Mar 28, 2024 18:45
Chinese steel traders' stocks drop 2.8% on week
Stocks of the five major carbon steel products held by traders across China declined for the third consecutive week over March 22-28, with the tonnage falling by 2.8% on week, Mysteel's latest weekly survey has found.
Mar 28, 2024 17:45
Daily: China LNG prices remain rangebound
China spot LNG delivery price averaged at Yuan 4,311/tonne on March 28, down Yuan 3/t from previous trading day. Imported LNG ex-terminal price was at Yuan 4,242/tonne, down Yuan 15/t from previous trading day, due to subdued downstream demand. LNG sales volume by truck at coastal terminals was 50,5
Mar 28, 2024 16:52
WEEKLY: China mills stay cautious about iron ore buying
Although steelmakers in more regions of China have churned out more hot metal recently, they continue to adopt a prudent approach to iron ore procurement as their financials remain poor, Mysteel Global has learned.
Mar 28, 2024 16:30
China's manganese ore prices keep stable
Chinese prices of manganese ore remained stable over the past week, with the price of South Africa-origin 36.5% grade Mn ore at North China's Tianjin port under Mysteel's assessment staying at Yuan 33/dmtu ($4.6/dmtu) including the 13% VAT as of March 27, the same level from one week before.
Mar 28, 2024 15:30
DAILY: China's coking coal prices show mixed trends, trading firm
China's coking coal prices showed mixed trends on March 27, with prices of some coal varieties strengthening amid increased procurement from buyers while certain grades that were priced less attractively further softening, according to market sources.
Mar 28, 2024 11:20
DAILY: China's met coke prices face new downside risks
Chinese metallurgical coke prices were stable on March 27, but downside risks emerged as a few steel mills in North China's Hebei and Tianjin pressured independent coke firms to pare their coke selling prices by another Yuan 100-110/tonne ($13.8-15.2/t), effective from March 28, sources said.
Mar 28, 2024 11:00
DAILY: China's thermal coal mine-mouth market warms
The Chinese thermal coal mine-mouth market continued to warm up on March 27, mainly buoyed by the slightly revived interest among some buyers, Mysteel learned from sources.
Mar 28, 2024 10:35
DAILY: China's rebar price dips another $4/t, sales low
China's rebar prices declined for the third working day on March 27, with market sentiment turning sour in tandem with the continuous falls in rebar futures. Meanwhile, spot sales of long steel used in construction including rebar still hovered low despite a recovery of 10.7% on day, as downstream d
Mar 28, 2024 10:30
Steel scrap procurement prices: China's major mills
Mysteel Iron Ore Index
Met coke procurement prices: Fushun New Steel Co., Ltd.
Coke procurement prices: Minmetals Yingkou Medium Plate Co., ltd.
Imported iron ore prices: China's major cities