Relentless rainfall has caused power outages at seven coking coal mines in Liulin county, Lvliang city, North China's Shanxi province, leaving a combined 10.35 million tonnes/year of production capacity idled, Mysteel learned on August 4.

China’s steel industry will strictly enforce the export licensing system in the second half of 2026, guided by the principle of “promoting high-end products, stabilizing neighboring markets, and strengthening oversight,” the China Iron and Steel Association (CISA) said.

After the previous week's drop, the total volume of iron ore dispatched to global destinations from the 20 ports and 17 mining companies in Australia and Brazil rebounded to 27.2 million tonnes during July 27-August 2, significantly higher by 3.2 million tonnes or 13.5% from the previous week, with

Taiwan's largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has decided to hold its rebar list price and buying price of local scrap unchanged for another week of transactions over August 3-7 as it monitors market developments, according to a company official.

Shagang Group (Shagang), China's leading privately-owned steel firm and the country's largest electric-arc-furnace steelmaker, has decided to maintain its long-product list prices for sales over August 1-10 from the last ten days of July, according to the company's latest announcement on August 1.