Steel Raw Materials Weekly Review

Weekly Review

Date:

BI-WEEKLY: China’s iron ore concs stocks at 15-month low Apr 03, 2020

Iron ore concentrate stocks among the 186 Chinese mining companies under Mysteel’s regular survey declined further to 3.4 million tonnes as of April 2, a new record low since January 2019 when Mysteel commenced the survey. The demand from domestic steelmakers increased when they saw that production from miners gradually recovered to a normal range from earlier lows, one survey respondent explained on Friday.
WEEKLY: China iron ore port stocks slip to 9.5-m low Apr 03, 2020

Imported iron ore inventories at China’s 45 major ports fell for the eighth consecutive week over March 27-April 2 to 115.3 million tonnes, or a new low since mid-July 2019, mainly because of modest declines in new shipment arrivals at and the same time the remaining high daily discharge rates, according to the Mysteel’s series of surveys.
Chinese traders’ stocks slip further but more slowly Apr 02, 2020

Stocks of the five major steel items held by traders across China continued to decline over the period of March 27-April 2, though the pace of decline had slowed from the prior week as actual long-steel demand cooled slightly while flat steel products are under greater pressure, Mysteel Global has learned from the market.
WEEKLY: Chinese wash plants trimming coking coal output Apr 02, 2020

Processed coking coal output from China’s 110 coal wash plants slipped to its four-week low of 666,300 t/d as of March 31, or down another 3,100 tonnes/day or 0.5% on week, mainly as the production drecreased from the wash plants affiliated to the domestic coal miners, Mysteel’s latest survey showed.
WEEKLY: Asian scrap prices dip further on virus impact Mar 31, 2020

Prices of steel scrap across many regions in Asia continued to edge down over the week of March 20-27 amid the ongoing impact of COVID-19 across the world. For example, in Taiwan, the landed price for imported HMS 1&2 (80:20) scrap decreased for a fourth week by another $6/tonne on week to $212/t CFR as of March 27, according to Mysteel’s latest survey.
WEEKLY: China steel FOB prices slump on falling demand Mar 31, 2020

Chinese steel export prices slumped over the week March 21-27 as global demand decreased significantly with the deadly COVID-19 continuing to decimate global economies, export market sources maintained on Tuesday.
WEEKLY: Aust., Brazilian iron ore shipments down 6.7% Mar 31, 2020

Total iron ore tonnage dispatched to global destinations from Australia and Brazil reversed down by 1.5 million tonnes or 6.7% on week to 20.8 million tonnes over March 23-29, mainly as the tonnage from the Australia declined, according to Mysteel’s latest survey.
WEEKLY: Seaborne coking coal price falls on weak demand Mar 31, 2020

Mysteel’s price for imported premium low-volatile (PLV) coking coal declined by $8/tonne on week to reach a five-week low of $165.5/t CFR North China on March 27. Last week’s fall in the seaborne coking coal price reflected weakening demand from global coal users amid the spreading COVID-19 contagion, according to sources.
WEEKLY: China scrap prices keep weakening, stocks up Mar 31, 2020

China’s domestic steel scrap market continued to weaken over the week of March 20-27, with Mysteel’s steel scrap price index decreasing by another Yuan 60/tonne ($8.6/t) on week to Yuan 2,431.4/t on delivery to steel plants and including the 13% VAT as of March 27, a 16.5-month low since December 18 2018, Mysteel Global noted.
WEEKLY: China iron ore price swings amid decline Mar 30, 2020

China’s prices of imported iron ore for both portside and seaborne material continued fluctuating over the March 23-27 week, but the overall price level was lower than that recorded during the prior week.
WEEKLY: China's iron ore concentrates prices diverge Mar 30, 2020

Offer prices of domestic iron ore concentrates being tabled by Chinese miners diverged over March 23-27, with those in East China’s Anhui and Northeast China’s Hebei and Shanxi provinces dipping Yuan 10-30/tonne ($1.4-4.2/t) on week, as Chinese mills were reluctant to buy concs when prices of imported iron ore were declining, according to Mysteel’s latest weekly survey. On the other hand, prices in a few regions increased by Yuan 7-20/t on week, the survey findings show.
WEEKLY SUMMARY: China steel prices dip, sales up Mar 30, 2020

China’s domestic prices of major steel products all reversed down over March 23-27, even though spot sales volume had remained high, partly as most traders still rushed to conclude more deals rather than to prop up prices amid the growing uncertainties in the global economic environment amid the worsening COVID-19 situation, Mysteel Global noted.
WEEKLY SUMMARY: China raw material prices dip further Mar 30, 2020

China’s coke and iron ore prices in the physical and futures markets all showed signs of softening over March 21-27, though spot iron ore prices held firm in comparison, as the overall market sentiment had been consistently stirred by the deteriorating COVID-19 situation globally, even though China’s domestic ferrous market has been showing signs of steady improvement since mid-March.
WEEKLY: China’s imported coal market summary on Mar 27 Mar 30, 2020

Prices ofimported coal prices softened over March 23-27. Buying interest and transaction were few and far between. Coking coal imports SeabornePCIcoal offering price to China, unit: $/tonne PCIcoal imports: SeabornePCIcoal offering price to China, unit: $/tonne Seaborne thermal coal offering price to China: Edited by Sean Xie, xiepy@mysteel.com
WEEKLY: China steel mills’ coke stocks decrease Mar 27, 2020

The five-week climb in coke stocks at the 110 Chinese steel mills under Mysteel’s regular weekly survey has come to an end. As of March 26, total stocks had reversed down by 89,500 tonnes or 1.8% on week to reach 4.76 million tonnes, chiefly because more steelmakers have stepped up operations amid the recovery in downstream demand, survey respondents explained.
WEEKLY: China blast furnace capacity use on an uptrend Mar 27, 2020

Blast furnace capacity utilization rate among 247 Chinese steel mills under Mysteel’s weekly survey continued on the recovery path over March 20-26 and hit its six-week high of 76.19%, or up 0.93 percentage point on week, as steel producers had been ramping up output on steel stocks declines, according to Mysteel’s latest data.
WEEKLY: China imported iron ore port stocks at 8.5-m low Mar 27, 2020

Imported iron ore inventories at China’s 45 major ports declined for the seventh week over March 20-26 to a new low since August 16 2019, hitting 116.9 million tonnes, as fewer vessels arrived at the Chinese ports and while daily discharge volume reversed up, Mysteel’s latest survey showed.
Chinese traders’ stocks empty further, faster Mar 26, 2020

Ordinary steel inventories held by Chinese traders declined further over the period of March 20-26, thanks to continuing firm downstream demand, new data indicated. However, traders still showed some hesitation about stepping up prices for now, Mysteel Global has learned from the market.
BI-WEEKLY: China mills’ iron ore stocks climb by 4.9% Mar 26, 2020

Stocks of imported iron ore sintering fines at the 64 Chinese steelmakers under Mysteel’s bi-weekly survey reversed the previous fortnight’s decline over March 12-25 to climb to 16.1 million tonnes. However, the daily consumption of fines at these mills rose further to 578,200 tonnes/day at the same time, both hitting one-month highs, Mysteel’s latest survey showed.
WEEKLY: Coking coal stocks at wash plants hit 8-week high Mar 25, 2020

Processed coking coal stocks at the 110 Chinese coal wash plants Mysteel regularly surveys grew further by 356,900 tonnes or 23% to reach 1.9 million tonnes over March 18-24, chiefly because of subdued demand from coal users during the survey period, according to Mysteel’s report published on March 25.

Pre 1 2 3 4 5 Next

Product	Grade	Size	Price	Chg	Port
Billet	3SP/Q235	150*150	490	0	Tianjin
Rebar	HRB400	20*12	500	-10	Tianjin
HRC	Q235B	5.51500C	518	-15	Talian
Plate	Q345B	1218002000	515	-20	Tianjin
CRC	SPCC	1.0*1250	535	0	Tianjin
Galvanized	SGCC	0.31000C	665	0	Tianjin

Weekly Review

BI-WEEKLY: China’s iron ore concs stocks at 15-month low Apr 03, 2020

WEEKLY: China iron ore port stocks slip to 9.5-m low Apr 03, 2020

Chinese traders’ stocks slip further but more slowly Apr 02, 2020

WEEKLY: Chinese wash plants trimming coking coal output Apr 02, 2020

WEEKLY: Asian scrap prices dip further on virus impact Mar 31, 2020

WEEKLY: China steel FOB prices slump on falling demand Mar 31, 2020

WEEKLY: Aust., Brazilian iron ore shipments down 6.7% Mar 31, 2020

WEEKLY: Seaborne coking coal price falls on weak demand Mar 31, 2020

WEEKLY: China scrap prices keep weakening, stocks up Mar 31, 2020

WEEKLY: China iron ore price swings amid decline Mar 30, 2020

WEEKLY: China's iron ore concentrates prices diverge Mar 30, 2020

WEEKLY SUMMARY: China steel prices dip, sales up Mar 30, 2020

WEEKLY SUMMARY: China raw material prices dip further Mar 30, 2020

WEEKLY: China’s imported coal market summary on Mar 27 Mar 30, 2020

WEEKLY: China steel mills’ coke stocks decrease Mar 27, 2020

WEEKLY: China blast furnace capacity use on an uptrend Mar 27, 2020

WEEKLY: China imported iron ore port stocks at 8.5-m low Mar 27, 2020

Chinese traders’ stocks empty further, faster Mar 26, 2020

BI-WEEKLY: China mills’ iron ore stocks climb by 4.9% Mar 26, 2020

WEEKLY: Coking coal stocks at wash plants hit 8-week high Mar 25, 2020

Daily Prices

Prices Summarization

FOB prices of steel products on August 6