Daily: China LNG prices likely to jump on rising feed gas bids
China spot LNG delivery price averaged Yuan 4,313/tonne as of March 29, up Yuan 2/tonne from the previous trading day, according to OilChem. Imported LNG ex-terminal prices stood at Yuan 4,242/t today, flat from the previous trading day, according to OilChem. The prices were little changed as the
Mar 29, 2024 17:33
SHFE nickel prices dip further, copper and aluminum gain
China's derivatives markets for nonferrous metals showed mixed trends during the week of March 25-29, with the most-traded futures contract for nickel on the Shanghai Futures Exchange (SHFE) falling further on week, while copper and aluminum contracts gained ground during the same period.
Mar 29, 2024 17:30
WEEKLY: China coke plants' output falls to new low
The total volume of metallurgical coke produced by the 230 Chinese independent coking plants under Mysteel's regular survey declined for the third consecutive week by another 4,300 tonnes/day on week to average 474,300 t/d over March 21-27, the latest survey results show. The losses the makers are s
Mar 29, 2024 17:00
WEEKLY: China EAF mills buckle as losses bite
More Chinese electric-arc-furnace (EAF) steelmakers reduced production or suspended operations this week as the steel price plunge caused more mills to suffer negative margins, the results of Mysteel's latest survey showed.
Mar 29, 2024 15:00
WEEKLY: Chinese traders' stainless stocks down for 3rd week
Inventories of finished stainless steel at commercial warehouses in Wuxi and Foshan, China's two core stainless trading hubs, emptied continuously over March 22-28, with the total volume down for the third week by another 1.5% on week to 1.04 million tonnes, according to Mysteel's latest weekly surv
Mar 29, 2024 14:00
DAILY: China's coking coal market steady, trades slow
China's coking coal market was largely steady on March 28, as most miners in major coal producing areas preferred to hold their offers flat temporarily after previous downward revisions to see the market direction, Mysteel Global has learned.
Mar 29, 2024 11:45
WEEKLY: China's iron ore port stocks pile to 144.3 million t
Total stocks of imported iron ore at China's major 45 ports climbed for the 14th consecutive week to reach 144.3 million tonnes on March 28, or the highest since late April 2022. The latest on-week rise of 653,900 tonnes was a result of increasing ore arrivals and lower discharge volume
Mar 29, 2024 11:30
DAILY: China's thermal coal markets mixed, outlook sours
Chinese thermal coal prices exhibited a mixed trend across the country's major mining hubs and northern ports on March 28 as trading activities varied. Yet fears arose that a downtrend could become prevailing in all markets soon due to end-users' high stocks of the fuel.
Mar 29, 2024 11:10
WEEKLY: China's BF capacity use stable at 82.76%
The blast furnace (BF) capacity utilization rate among the 247 Chinese steel producers under Mysteel's regular tracking stood largely stable on week at 82.76% during March 22-28, though it dipped 0.03 percentage point from the previous week.
Mar 29, 2024 11:00
DAILY: China's new met coke price cuts squeeze coke firms' margins
Chinese prices for metallurgical coke tracked downwards on March 28 after leading steel mills in North China's Hebei and East China's Shandong, following their peers, pressed independent coke firms to trim their coke selling prices by Yuan 100-110/tonne ($13.8-15.2/t), effective from the same day, M
Mar 29, 2024 10:45
Mysteel Iron Ore Index
Imported iron ore prices: China's major cities
Iron ore portside prices: Zhanjiang port
Iron ore portside prices: Fangchenggang port
Iron ore portside prices: Qingdao port