The recent production curbs in North China have dampened the overall operations of Chinese steelmakers, resulting in a decline in their raw material consumption as well as a slowdown in ore replenishment, Mysteel's latest survey showed.

The price difference between high-grade and medium-grade iron ore has rebounded sharply since mid-January, chiefly driven by a clear divergence in availability of the two ore types, Mysteel observes in a new report on the commodity. However, further upside room for the spread appears limited as stee

Mysteel's exclusive monthly survey reveals key shifts in domestic steel mill, offering real-time insights into capacity utilization, restocking trends, inventory levels, profitability, and industry sentiment. Which steel mills resumed production? What's the outlook on raw material preferences and po

China imported approximately 210 million tonnes of iron ore during the first two months this year, logging a notable increase of 10% on year, according to the latest statistics released by the country's General Administration of Customs (GACC) on March 10.

To date, China's imported iron ore port inventories have remained above 130 million tonnes for nearly three years. Over the same period, benchmark seaborne iron ore prices have retreated markedly, with highs sliding from around $143/dmt in early 2024 to roughly $100/ dmt at present, indicating a cle