Semi-Finished Steel Breaking News

Breaking News

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China’s steel market welcomes tax rebates increase Mar 18, 2020

Chinese steel market participants welcomed Beijing’s Thursday announcement that tax rebates on certain export products including many steel and steel-related products will be raised from March 20, according to opinions canvased by Mysteel Global on Wednesday. Many respondents believed that larger tax rebates would increase their price competitiveness and boost business in the longer run, however, rather than in the short-term.
NBS: China Jan-Feb FAI down 24.5%, property down 16.3% Mar 16, 2020

China’s fixed asset investment (FAI) had been hit hard by the outbreak of COVID-19 across the country over the first two months, having plunged 24.5% on year, or a free fall from the 5.4% year-on-year growth for the whole 2019, and the FAI in the property market also plummeted 16.3% on year, according to the latest statistics from the country’s National Bureau of Statistics (NBS) on March 16.
FLASH: CHINA'S JAN-FEB FAI DOWN 24.5% ON YEAR Mar 16, 2020

China’s fixed asset investment (FAI) plunged 24.5% on year over January-February, and that in the property market plummeted 16.3% on year, according to the latest statistics from the National Bureau of Statistics. A detailed report will be posted soon.
FLASH: CHINA JAN-FEB CRUDE STEEL OUTPUT GROWS 3.1% Mar 16, 2020

China's crude steel output grew 3.1% on year to about 154.7 million tonnes over January-February. A detailed report will be posted soon.
FLASH: CHINA’S JAN-FEB IRON ORE IMPORTS UP 1.5% Mar 09, 2020

China’s iron ore imports increased by 1.5% on year to about 177 million tonnes over January-February. A detailed report will be posted soon.
China's MIIT reviewing steel enterprises' qualification Mar 03, 2020

China's Ministry of Industry and Information Technology (MIIT) is in the middle of the reviewing the qualifications of steel enterprises regarding their environmental protection efforts, facilities, and production safety measures, and it will be collecting feedback from the public throughout March before finalizing the list for 2020.
China Customs to release Jan-Feb data in March since 2020 Feb 10, 2020

China’s General Administration of Customs announced on February 7 that it will release January-February cumulative data in March starting 2020.
India Jan Finished Steel Exports Dip 10% MoM - Govt Data Feb 07, 2020

Joint Plant Committee (JPC) released its provisional data for Jan'20 today. According to the released data, India's finished steel exports declined by 10% M-o-M basis to 0.693 MnT in Jan’20 as compared to 0.767 MnT in Dec'19.
BLOG: China’s steel demand? Let’s defeat virus first Feb 04, 2020

Many ferrous market sources outside China have been rather keen to understand whether or how badly Chinese steel demand has been dampened by the outbreak of the Novel Coronavirus (2019-nCoV), or whether China’s iron ore consumption will decline because of the virus attack. One answer covers all: “wait until 2019-nCoV has been defeated and within control.”
Weekly: Global Billet Market Overview Feb 04, 2020

Fallen global scrap prices supported by New Year Holidays in SE Asia and Far East has kept the global billet market silent with sharp drop from/in all major billet trading nations. Also, the spreading respiratory virus; corona has now increased the intensity of trade silence. According to marketers, a hefty trade loss is expected due to the virus as construction activities will get slow down until substantial cure comes into the market.
Notice: Mysteel News Update Schedule in 2020 Jan 22, 2020

Mysteel.net will not be having any news updates on the dates below because of the public holidays in China:
NBS: China’s 2019 GDP up 6.1% on year, within target Jan 17, 2020

For 2019, China’s gross domestic product grew 6.1% on year to Yuan 99 trillion ($14 trillion), with the final result coming within the central government’s targeted range for last year of 6-6.5%, according to National Bureau of Statistics (NBS) data released on the release on January 17. “Most of the tasks were fulfilled, laying a solid foundation for China to develop into a well-off society,” NBS commented.
NBS: China’s 2019 FAI up 5.4%, property up 9.9% Jan 17, 2020

Fixed asset investment (FAI) in China’s manufacturing sector grew by a total of 5.4% on year during full year 2019, up 0.2 percentage point from the first eleven months, according to the latest data from the National Bureau of Statistics (NBS) released on Friday. FAI in the domestic property market increased by 9.9% on year during January-December, though this was off by a tiny 0.3 percentage point from the January-November reading, the data show.
FLASH: CHINA 2019 CRUDE STEEL OUTPUT GROWS 8.3% Jan 17, 2020

China's 2019 crude steel output grew 8.3% on year to about 996.3 million tonnes, with the December volume up 11.6% on year to 84.3 million tonnes. A detailed report will be posted soon.
FLASH: CHINA'S 2019 STEEL EXPORTS DOWN 7.3% Jan 14, 2020

China's steel exports declined 7.3% on year to about 64.3 million tonnes for 2019. A detailed report will be posted soon.
FLASH: CHINA JAN-NOV FAI UP 5%, PROPERTY UP 10% Dec 16, 2019

China's fixed asset investment in general grew5.2% on year to Yuan 53.37trillion ($7.5trillion) over January-November, among which the funding in the property market went up 10.2% on year to Yuan 12.13trillion.A detailed story will be posted soon.
FLASH: CHINA JAN-NOV STEEL OUTPUT GROWS 7% Dec 16, 2019

China's crude steel output grew 7% on year to about 904.2 million tonnes over January-November, with the November volume up 4% on year to 80.3 million tonnes. A detailed report will be posted soon.
Tangshan steel mills unaffected by earthquake Dec 05, 2019

A 4.5 magnitude earthquake shook Tangshan, China’s top steel producing city in North China’s Hebei province, at 0802 (Beijing time) on the morning of December 5, but operations at local steel mills, including production and transportation have not been affected so far, Tangshan market sources confirmed shortly after the earthquake.
PRESS RELEASE: Shanghai Ganglian invests in India’s SteelMint Nov 28, 2019

On November 27, 2019, Mysteel Global parent company, Shanghai Ganglian E-commerce Holdings Co. Ltd. (Ganglian), together with its existing business partner, Japan-headquartered Metal One, signed an investment agreement in India with the three founder shareholders of India's leading steel information company SteelMint.
NBS: Chinese ferrous industry’s Jan-Oct profit dives 44% Nov 27, 2019

The combined gross profit of China’s ferrous smelting and processing industry over January-October plunged by 44.2% on year to Yuan 211.9 billion ($30 billion), according to the latest statistics from China’s National Bureau of Statistics (NBS) published on November 27. The fall was even sharper than the 41.8% on-year decline seen over January-September, Mysteel Global notes.

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

Breaking News

China’s steel market welcomes tax rebates increase Mar 18, 2020

NBS: China Jan-Feb FAI down 24.5%, property down 16.3% Mar 16, 2020

FLASH: CHINA'S JAN-FEB FAI DOWN 24.5% ON YEAR Mar 16, 2020

FLASH: CHINA JAN-FEB CRUDE STEEL OUTPUT GROWS 3.1% Mar 16, 2020

FLASH: CHINA’S JAN-FEB IRON ORE IMPORTS UP 1.5% Mar 09, 2020

China's MIIT reviewing steel enterprises' qualification Mar 03, 2020

China Customs to release Jan-Feb data in March since 2020 Feb 10, 2020

India Jan Finished Steel Exports Dip 10% MoM - Govt Data Feb 07, 2020

BLOG: China’s steel demand? Let’s defeat virus first Feb 04, 2020

Weekly: Global Billet Market Overview Feb 04, 2020

Notice: Mysteel News Update Schedule in 2020 Jan 22, 2020

NBS: China’s 2019 GDP up 6.1% on year, within target Jan 17, 2020

NBS: China’s 2019 FAI up 5.4%, property up 9.9% Jan 17, 2020

FLASH: CHINA 2019 CRUDE STEEL OUTPUT GROWS 8.3% Jan 17, 2020

FLASH: CHINA'S 2019 STEEL EXPORTS DOWN 7.3% Jan 14, 2020

FLASH: CHINA JAN-NOV FAI UP 5%, PROPERTY UP 10% Dec 16, 2019

FLASH: CHINA JAN-NOV STEEL OUTPUT GROWS 7% Dec 16, 2019

Tangshan steel mills unaffected by earthquake Dec 05, 2019

PRESS RELEASE: Shanghai Ganglian invests in India’s SteelMint Nov 28, 2019

NBS: Chinese ferrous industry’s Jan-Oct profit dives 44% Nov 27, 2019

Daily Prices

Prices Summarization

FOB prices of steel products on August 6