WEEKLY: China's iron ore port stocks grow for 17 weeks
Imported iron ore stocks at Chinese major 45 ports under Mysteel's weekly survey topped 145.6 million tonnes on April 18, after rising for 17 consecutive weeks by another 720,900 tonnes on week. Meanwhile, the volume was also 13% higher than the level a year earlier.
Apr 19, 2024 12:00
DAILY: China's coking coal market gains more strength
China's coking coal market seemed to gain more strength on April 18, as another anticipated uptick in met coke prices amid upbeat sentiment in the domestic ferrous market has stimulated higher trading interest among buyers.
Apr 19, 2024 11:50
WEEKLY: Profits continue to boost China BF production
The continuous and firm gains in Chinese steel prices during the past week saw the profit margins expanding further among domestic blast-furnace (BF) steelmakers, thereby encouraging the mills to lift their production, Mysteel's latest survey showed.
Apr 19, 2024 11:30
DAILY: China spot thermal coal buyers remain on sidelines
Chinese thermal coal buyers mostly remained on the sidelines for spot cargoes on April 18 despite prevailing optimism in the market, as there hasn't been a clear improvement in their demand for the fuel so far.
Apr 19, 2024 10:35
DAILY: China's rebar prices move higher, sales retreat
China's rebar prices continued the upward trajectory on April 18, while buyers presented a waning appetite for construction steel including rebar in the spot market on the same day.
Apr 19, 2024 10:30
DAILY: China's met coke prices gain strength from supply shortage
The trading in China's metallurgical coke market was brisk on April 18, leading to mild shortage of coke supplies as coke producers remained slack in production due to persistent losses, market sources observed. The bullish market sentiment on met coke prices thus thickened.
Apr 19, 2024 10:10
WEEKLY: Chinese mills' steel stocks decline steadily
Stocks of the five major carbon steel products held by the Chinese steel mills under Mysteel's regular survey declined for a fifth straight week over April 11-17, with the total volume down by another 6.7% on week at 5.4 million tonnes.
Apr 19, 2024 09:00
Daily: Cobalt market 2024.4.19
Price: Outlook: The price of cobalt intermediate products declined slightly with weak cost supports. At present, the downstream demand doesn't have the sign in recovery, and most cathode factories have not shown any signs of entering the market. A few of them tried to lower prices, making it diff
Apr 19, 2024 08:58
Morning briefing: Lithium prices keep rangebound with sellers and buyers in tug-of-war
Lithium: The lithium ore market was relatively quiet at present, with the bids and offers showing increasingly large difference. The spot supply of high-grade spodumene concentrate was tight, and the traders awaited further pricehike. Some ore traders processed the lithium ore into lithium carbonate
Daily: Ternary material market 2024.4.19
Price: Outlook: The downstream demand was slow in recovery, and enterprises with raw material advantages in the market were shipping at low prices, which makes it difficult for other enterprises to increase their prices. As such, a number of enterprises suffered losses, leading to fierce market c
Apr 19, 2024 08:46
Steel strand prices: Hangzhou
Steel strand prices: Shanghai
Steel strand prices: Changsha
Construction steel prices: Hangzhou
MHP seaborne cargo prices: CIF China