DCE limits iron ore futures trading after prices jump
China's Dalian Commodity Exchange (DCE) announced on Wednesday night that it will impose a trading limit on some iron ore futures contracts, effective from the night-time trading session of April 25. This move is in response to the sharp rises in iron ore futures prices and to prevent speculative tr
Apr 25, 2024 12:00
Positive sentiment boosts further rise in China's Mn ore prices
China's manganese ore prices continued to head north this week, as sentiment in the domestic market remained positive with the limited arrivals of this ore to China's major ports and the strong performance in futures prices of silicomanganese, Mysteel Global learned.
Apr 25, 2024 11:30
Survey: IO inventories at the steel mills 2024.4.25
Mysteel weekly survey on IO inventories at the steel mills. I. Iron ore stocks Table 1 Table 2 Table 3 II. Blast furnaces feeding ratio and molten iron cost Table 4 Note: Mysteel steel mills' iron ore stocks survey covers 64 China's steel mills in the regions of Tangshan, Handan, Xingtai,
Apr 25, 2024 11:22
DAILY: Safety checks buoy thermal coal prices in North China
China's pithead thermal coal market saw a slight reversal on April 24 after an obvious retreat a day earlier, with moderate price upticks seen in more mines in North China where strict safety checks have tightened local supply of thermal coal, Mysteel found.
Apr 25, 2024 11:15
DAILY: Warm trades drive up China's coking coal prices
The resilience in China's coking coal market persisted on April 24, fuelled by active trading from downstream plants and traders, according to survey respondents.
Apr 25, 2024 11:00
FLASH: 3,000-tonne silicon carbon anode materials to produce
On April 24th, Chengdu Guibao Science & Technology Co.,Ltd. announced that the company's 1,000-tonne silicon carbon anode material production line has been completed and successfully put into operation in 2023, and is gradually supplying according to customer needs. The company expects to produc
Apr 25, 2024 10:50
DAILY: Bullish sentiment pervades China's met coke market
There were growing expectations in China's metallurgical coke market on April 24 for another price hike proposal initiated by independent coke firms, market sources said. And indeed, some coke makers tabled higher offering prices today, Mysteel Global learned.
Apr 25, 2024 10:40
DAILY: China's rebar prices regain, spot sales jump
China's spot rebar prices enjoyed a slight rebound on April 24, along with its recovered futures prices, while spot trading of construction steel including rebar posted an impressive increase on the same day.
Apr 25, 2024 10:30
FLASH: 2 GWh Power Energy Storage Battery Project Starts
On April 23, the second batch of key projects in Mulei County began construction in 2024. It is understood that there are two new energy projects under construction this time, namely the 100,000-tonne Wind Power Tower Project from Taisheng Wind Power and the lithium battery project of Xinjiang Ningd
Apr 25, 2024 10:18
Indian mills return to bulk scrap imports. What are the factors driving this trend?
Rising steel, raw material prices propel trend. Indian mills betting big on post-election demand. Bulk imports likely to remain high in short term.
Apr 25, 2024 10:00
Construction steel procurement prices: Guangzhou
Construction steel procurement prices: Shenzhen
Construction steel prices: Guangzhou
Construction steel prices: Shenzhen
Coke export prices: FOB China