Inventories of imported iron ore stockpiled at China's 45 major ports under Mysteel's regular tracking rose for the ninth consecutive week during January 16-22 to 167.7 million tonnes, setting a fresh record. This represented an on-week increase of 2.1 million tonnes, or 1.3%, according to the lates

In a clear signal of sustained tightness in the ferrochrome market, leading Chinese stainless steel producers Tsingshan Group and Taiyuan Iron and Steel Co (TISCO) have set higher procurement prices for high-carbon ferrochrome (HC FeCr) for February delivery.

Inventories of the five major carbon steel products held by the Chinese steel mills sampled in Mysteel's regular survey edged higher during January 16-22 after the decline during the prior week, with the total tonnage rising by 2.1% on week to 3.89 million tonnes.

Crude steel production among China's top 10 steelmaking provinces and autonomous regions fell 4.4% on year to 682.57 million tonnes in 2025, according to the latest data from the National Bureau of Statistics (NBS) on January 22.

The Chinese coking coal market is expected to undergo a new phase of rebalancing in 2026, shaped by both supportive and restrictive policy impacts. While these mixed forces are anticipated to drive up coking coal prices, a persistent uptrend is unlikely to be seen this year due to persistent capacit