Ferrous Features | Mysteel Global

Features
Steel Non-Ferrous

Date:

2021 in Review: Ten highlights in China's steel industry Jan 12, 2022

2021 was undoubtedly a year full of surprises, where China's crude steel output declined on-year for the first time in five years and where Chinese steel prices hit historical highs under the twin thrusts of improved domestic and overseas market conditions.
2021 in Review: Ten highlights in China raw mats industry Jan 11, 2022

Click here for part 1 of the Review China resumes imports of steel scrap, yet import volumes lower than expected Starting January 1 last year, China lifted restrictions on steel scrap imports. It also adopted new "recycled iron-steel raw materials" standards. However, the total volume imported was notably lower than during
2021 in Review: Ten highlights in China raw mats industry Jan 11, 2022

For those using and trading steelmaking raw materials in China, 2021 was a rollercoaster year. The markets for iron ore and ferrous scrap reached a watershed in mid-May. Here then are the ten leading news stories that impacted raw materials markets last year.
BLOG: Stock or not? China mills weigh raw mats risks Dec 31, 2021

Chinese New Year officially begins in just over a month on February 1, the time of the year when many Chinese seek psychic help to learn what the new year may hold. 'Suan ming' fortune-telling, the calculation of fate is a risky business at the best of times but just now, for the country's steelmakers, the uncertainties facing them would make even the most gifted oracle pack up his Qiqin sticks and take a holiday.
PRESS RELEASE: FEX Global Australia and Mysteel Announce Price Assessment Partnership. Oct 15, 2021

Sydney, Shanghai 14 October 2021 – FEX Global Australia and Mysteel today announced the signing of an agreement whereby FEX Global will seek to settle certain FEX benchmark contracts against the Mysteel IOSCO compliant price assessments, subject to regulatory approvals. Brian Price, FEX Global Executive Director, said “Mysteel has been assessing prices in the domestic Chinese
FEATURE: China steel market in low holiday-buying mood Sep 30, 2021

Restocking sentiment among Chinese steel market players has waned this week, as most have started looking beyond the National Day week holiday over October 1-7 to ponder the fundamentals of key products and their price movements after the break. Arguably, the market outlook has rarely been this uncertain.
FEATURE: China steel market calm at Evergrande crisis Sep 24, 2021

Despite the heated discussion in the overseas market about the financial matter of Evergrande Group, China’s second largest property developer, and the concerns about the ripple effect on China’s property market and steel demand, China’s domestic steel market sources appeared rather calm, anticipating whatever adverse impact on this individual case will be contained and managed.
BLOG: BHP adjusting commodities portfolio for the future Aug 19, 2021

It is always like a treasure hunt for me whenever reading a company’s annual report, as behind all those hard and straightforward numbers, there is always an interesting story to tell and a glimpse of the company’s development strategy based on its understanding of the future, and this is exactly how I feel when flipping through BHP’s 81-page report on its full-year results for FY2021.
China’s Ansteel quietly proceeding with merger of Bengang Jul 22, 2021

Anshan Iron & Steel Group (Ansteel) in Northeast China’s Liaoning province has been quietly progressing with its merger of Bengang Group (Bengang), another state-owned steel mill in the province, as more shares of Bengang’s Shenzhen-listed arm have been transferred to the group company free of charge to facilitate the merger, a Bengang official confirmed on July 21.
BLOG: China’s economic growth further optimized in H1 Jul 19, 2021

China released all its key economic development data for the first half of 2021 by last week, and related governing organizations also held press conferences to explain the key points of the data on the day of releases where senior officials emphasized the country’s economic growth had been further optimized and is heading towards the desired track via the heavy reliance on the country’s huge domestic market.
MYSTEEL: China domestic iron ore to grow 6-8 mln t in H2 Jul 13, 2021

For July-December, China’s domestically-produced iron ore concentrates may reach 152-154 million tonnes, or up 6-8 million tonnes on year and resulting in an added supply of 13-15 million tonnes for the whole 2021, as the domestic iron ore mining operations are expected to be smooth after a bumpy H1, and the newly-commissioned projects will be able to deliver products to the market, Mysteel shared its outlook.
BLOG: China intensifying efforts for low-carbon economy Jul 08, 2021

Carbon reduction and bulk commodity prices have been become two regular topics at the routine meetings of China’s State Council and Chinese Premier Li Keqiang again commented on the two matters, sharing more measures at a meeting of the council members on July 7, according to a post by the Chinese government on its website.
China’s ferrous market gives way to CPC 100th anniversary Jun 23, 2021

China’s ferrous and steel-consuming sectors such as construction have reported various degrees of disruption to their daily operations by the grand celebration of the 100th anniversary of the founding of the Communist Party of China (CPC) with the formal ceremony to be held in Beijing on July 1, Mysteel Global understood from the related markets on June 22.
BLOG: COVID-19 sees SEAISI e-conference evolve Jun 22, 2021

There’s no disputing the fact that the coronavirus pandemic is a crisis, and that the fight against it has forced many changes to how the world works, lives and functions. Some of those changes have had unexpected benefits, such as greater consciousness of personal hygiene, the wider introduction of cashless payments, and yes, the rapid evolution of comprehensive and user-friendly virtual conference platforms, just to name a few.
BLOG: Human touch keenly missed in COVID-19 months May 27, 2021

Recently my schedule has been twirling around the conference calls with market sources and companies, which are the best means of staying in touch under the present circumstances, though I always feel that something’s amiss in the whole new working routine dominated by innumerable audio and video calls – the human touch.
Market: China’s steel end-users prioritizing deliveries May 13, 2021

China’s major steel consuming sectors including construction contractors, auto and home appliances manufacturers have been prioritizing on fulfilling their signed contracts, though they have keenly felt the bite from the higher steel prices, and they may continue to endure the pain of higher costs now that prices of both steel longs and flats have spiked in the last few days, market sources shared on May 11.
BLOG: Ferrous prices skyrocket, COVID-19 still around May 12, 2021

Recently, global steel and iron ore prices have been attempting their multi-year or record highs, mainly as the recovery in demand for finished steel has outpaced the growth in supply, though the COVID-19, after over a year, is still very much with us, and have even intensified the attack in some countries such as India.
FEATURE: Global iron ore price to persist at sky high? May 11, 2021

The global 62% ferrous content iron ore fines price has conquered the $200/dmt CFR threshold on May 6, the first working day after China’s Labour Day holiday, which had been an accumulation in force after a strong first quarter and the rally since April, benefiting from the robust steel demand both in China and the rest of the world, despite that global iron ore supplies have been steadily recovering from the impact of Vale’s dam collapse in January 2019.
BLOG: Seaborne iron ore price conquers $200/dmt CFR May 10, 2021

The benefit of covering the ferrous market news for long especially being very close to the happenings in the iron ore market when working in the world’s three pricing reporting agencies (PRAs) is to immediately know that the 62% iron ore pricing index hit a historical high on May 6 when it exceeded $200/dmt CFR China, without even bothering to check the data.
Ferrous market divided on China’s 2021 steel output cut May 07, 2021

The surges in the prices of the series of ferrous products including steel, iron ore, and coke since April, have further divided the ferrous market sources in and out of China on their views regarding the possibility of China’s steel output cuts despite Beijing’s reiterations, as steel demand both in and out of China has been robust and steel margins have been high at Yuan 600-1,000/tonne ($93-155/t) depending on products.

Pre 1 2 3 4 5 Next

Product	Grade	Size	Price Index
Rebar	B500B	18-25mm	155
HRC	SS400	4.751500C	150
CRC	SPCC	1.01250C	155
Plate	SS400	14-20mm	151
HDG	DX51D+Z	1.01250C	150

Features
Steel Non-Ferrous

2021 in Review: Ten highlights in China's steel industry Jan 12, 2022

2021 in Review: Ten highlights in China raw mats industry Jan 11, 2022

2021 in Review: Ten highlights in China raw mats industry Jan 11, 2022

BLOG: Stock or not? China mills weigh raw mats risks Dec 31, 2021

PRESS RELEASE: FEX Global Australia and Mysteel Announce Price Assessment Partnership. Oct 15, 2021

FEATURE: China steel market in low holiday-buying mood Sep 30, 2021

FEATURE: China steel market calm at Evergrande crisis Sep 24, 2021

BLOG: BHP adjusting commodities portfolio for the future Aug 19, 2021

China’s Ansteel quietly proceeding with merger of Bengang Jul 22, 2021

BLOG: China’s economic growth further optimized in H1 Jul 19, 2021

MYSTEEL: China domestic iron ore to grow 6-8 mln t in H2 Jul 13, 2021

BLOG: China intensifying efforts for low-carbon economy Jul 08, 2021

China’s ferrous market gives way to CPC 100th anniversary Jun 23, 2021

BLOG: COVID-19 sees SEAISI e-conference evolve Jun 22, 2021

BLOG: Human touch keenly missed in COVID-19 months May 27, 2021

Market: China’s steel end-users prioritizing deliveries May 13, 2021

BLOG: Ferrous prices skyrocket, COVID-19 still around May 12, 2021

FEATURE: Global iron ore price to persist at sky high? May 11, 2021

BLOG: Seaborne iron ore price conquers $200/dmt CFR May 10, 2021

Ferrous market divided on China’s 2021 steel output cut May 07, 2021

Daily Prices

Prices Summarization

China's Daily Steel Export Price Index - Jan 29

Features Steel Non-Ferrous

2021 in Review: Ten highlights in China's steel industry Jan 12, 2022

2021 in Review: Ten highlights in China raw mats industry Jan 11, 2022

2021 in Review: Ten highlights in China raw mats industry Jan 11, 2022

BLOG: Stock or not? China mills weigh raw mats risks Dec 31, 2021

PRESS RELEASE: FEX Global Australia and Mysteel Announce Price Assessment Partnership. Oct 15, 2021

FEATURE: China steel market in low holiday-buying mood Sep 30, 2021

FEATURE: China steel market calm at Evergrande crisis Sep 24, 2021

BLOG: BHP adjusting commodities portfolio for the future Aug 19, 2021

China’s Ansteel quietly proceeding with merger of Bengang Jul 22, 2021

BLOG: China’s economic growth further optimized in H1 Jul 19, 2021

MYSTEEL: China domestic iron ore to grow 6-8 mln t in H2 Jul 13, 2021

BLOG: China intensifying efforts for low-carbon economy Jul 08, 2021

China’s ferrous market gives way to CPC 100th anniversary Jun 23, 2021

BLOG: COVID-19 sees SEAISI e-conference evolve Jun 22, 2021

BLOG: Human touch keenly missed in COVID-19 months May 27, 2021

Market: China’s steel end-users prioritizing deliveries May 13, 2021

BLOG: Ferrous prices skyrocket, COVID-19 still around May 12, 2021

FEATURE: Global iron ore price to persist at sky high? May 11, 2021

BLOG: Seaborne iron ore price conquers $200/dmt CFR May 10, 2021

Ferrous market divided on China’s 2021 steel output cut May 07, 2021

Daily Prices

Prices Summarization

China's Daily Steel Export Price Index - Jan 29

Features
Steel Non-Ferrous