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
Daily: Cobalt market 2024.3.28
Price: Outlook: At present, downstream demand has rebounded compared to the previous period, but was still in destocking. Market players bullish sentiment of the industry has not changed, and it is estimated that the import volume of cobalt raw materials will rebound compared to February. Under t
Mar 28, 2024 09:00
Morning briefing: Battery black mass prices show downtrend
Lithium: The lithium ore prices were flat yesterday. The spodumene traders had their stocks processed into lithium carbonate via tollers for delivery, and the profitability weakened. For lepidolite, the demand improved, slightly lifting the prices , in addition to tight supply. The lithium ore price
Mar 28, 2024 08:53
Iron ore portside prices: Qingdao port
Iron ore portside prices: Lianyungang port
Iron ore portside prices: Zhanjiang port
Met coke prices: Qitaihe
Iron ore portside prices: Lanqiao Port