China's 304 stainless prices gain on week, outlook dims
China's prices of 304-grade stainless steel rose during April 16-23, with the price of 304/2B Hongwang 2*1240mm stainless cold-rolled coil (CRC) in Wuxi under Mysteel's assessment reaching Yuan 14,100/tonne ($1,945.6/t) in-warehouse including 13% VAT on Tuesday, higher by Yuan 200/t on week.
Apr 24, 2024 16:00
WEEKLY: Run rates at China's coal wash plants inch down
Run rates observed by the 110 Chinese independent and affiliated coking coal wash plants under Mysteel's regular tracking dipped by 0.77 percentage point on week during April 17-23 to average 67.14%, Mysteel's latest survey results show.
Apr 24, 2024 15:15
WEEKLY: China's NPI prices strengthen further
Chinese prices of nickel pig iron (NPI) continued to strengthen this week, with the price of 8-10% grade NPI in East China's Jiangsu province under Mysteel's assessment climbing to Yuan 965/mtu ($133/mtu) including delivery and the 13% VAT as of April 23, higher by another Yuan 25/mtu from one week
Apr 24, 2024 14:45
DAILY: China's coking coal price hikes slow as sentiment cools
China's coking coal prices continued revising up on April 23 amid relatively active purchases, from end-users. However, coal prices hikes were seen slowing down yesterday alongside a slight cooling in market sentiment, according to market sources.
Apr 24, 2024 11:30
DAILY: China's thermal coal market muted, prices stable
China's thermal coal markets at both pitheads and northern ports largely remained muted on April 23, with thickening bearish expectations keeping buyers at bay, Mysteel has found.
Apr 24, 2024 10:35
DAILY: China's rebar price further dips on thin sales
Chinese rebar prices saw further decreases following a lackluster performance in its futures market on April 23, while heavy rains in southern parts of China suppressed downstream demand for construction steel and partly contributed to sluggish trading activities in the spot market yesterday.
Apr 24, 2024 10:30
DAILY: Strong fundamentals bolsters China's met coke market
The trading in China's metallurgical coke market was brisk on April 23 as steelmakers were active in procuring feed coke thanks to their healthier profit margins. The sizzling demand for coke, coupled with coke firms' consistent restriction on production, has strengthened the fundamentals in the cok
Apr 24, 2024 10:25
Daily: Cobalt market 2024.4.24
Price: Outlook: The recent consecutive releases of new phones from iPhone and Huawei have not yet affected the cobalt industry chain. The raw material side has been in a downward trend, and the bearish sentiment still exists, which to some extent affects the downstream purchasing sentiment in the
Apr 24, 2024 09:02
Morning briefing: Cobalt price down on reducing cost support and slow demand recovery
Lithium: The demand for lithium ore improved with lithium salt smelters raising the capacity utilization rates. But the market was still filled with wait-and-see sentiment as the lithium carbonate prices dropped recently. Some lithium ore traders signed long-term tolling orders with smelters, leadin
Apr 24, 2024 09:00
Daily: Ternary material market 2024.4.24
Price: Outlook: On the demand side, some downstream players stockpiled appropriately ahead of the Labor Day holiday, but the overall increase in the end-market demand was slow. While rising raw material prices pushed up the cost, most enterprises suffered losses in the shipment.The integrated ent
Apr 24, 2024 08:55
Copper scrap prices: Linyi
Construction steel procurement prices: Tianjin
Construction steel prices: Nanning
Construction steel prices: Cangzhou
300-series stainless HRC prices: Wuxi