DAILY: China's imported iron ore prices, port sales largely stable
Chinese prices of imported iron ore for port stocks and seaborne cargoes remained largely steady on April 19, with trading activity in the portside market being largely unchanged from the previous day.
Apr 19, 2024 19:20
INFOGRAPH: Profits return for almost half of China's steel mills
The number of profitable steel mills in China has increased steadily since the second half of March, and now about half of all Chinese steel mills are gaining some profits when selling their steel, thanks to their lower production costs and the recovery in finished steel prices, Mysteel Global
Apr 19, 2024 17:30
SHFE copper, nickel prices rise, aluminum slips
China's derivatives markets for key nonferrous metals displayed mixed trends during the week of April 15-19, with the most-traded futures contracts for copper and nickel on the Shanghai Futures Exchange (SHFE) moving higher on week, while aluminum futures prices eased during the same period.
Apr 19, 2024 17:00
WEEKLY: Chinese coke plants' output rebounds as losses narrow
Over April 11-17, the total output of metallurgical coke produced at the 230 Chinese independent coke manufacturers that Mysteel regularly tracks rebounded by 4,400 tonnes/day to average 472,900 t/d, according to the latest survey results. The smaller losses they were suffering when selling their co
Apr 19, 2024 16:30
BI-WEEKLY: China mines' iron ore output rise, stocks retreat
Domestic production of iron ore concentrates among the 186 Chinese mining enterprises Mysteel regularly tracks averaged 518,300 tonnes/day over April 5-18, rising by a small 2,200 t/d or 0.4% on fortnight, according to Mysteel's latest survey results.
Apr 19, 2024 15:50
WEEKLY: China's EAF mills ponder lifting output as profits recover
Steel production among China's electric-arc-furnace (EAF) steel mills fell further during this week as the makers reacted to their persistently negative margins, Mysteel's latest survey showed. However, the EAF mills' losses on steel sales have shrunk significantly, which should encourage some mills
Apr 19, 2024 15:15
WEEKLY: Chinese traders' stainless stocks fall 2.5% on week
Inventories of finished stainless steel at commercial warehouses in Wuxi and Foshan, China's two core stainless trading hubs, reversed down over April 12-18 after the previous week's rise, with the total tonnage declining by 25,857 tonnes or 2.5% on week to 1.02 million tonnes, according to Mysteel'
Apr 19, 2024 14:45
WEEKLY: China's rebar output picks up 3.8% WoW
Rebar production among the 137 Chinese steelmakers regularly tracked by Mysteel bounced back over April 11-17, rising by 3.8% or 79,200 tonnes on week to reach 2.18 million tonnes, the latest weekly survey showed. The tonnage was still lower by a substantial 26% than the same period last year, the
Apr 19, 2024 14:15
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
300-series stainless round bar prices: China's major cities
Mysteel Iron Ore Index
Imported iron ore prices: China's major cities
Class 1 met coke prices: China's major cities
Class 1-equivalent met coke (CDQ) prices: China's major cities