Latest news on China steel and other commodity markets

Shagang squeezes more hot metal from China's largest BF

Netherlands-based heavy engineering firm Danieli Corus has announced that the installation of a new lining and cooling system on the No.4 blast furnace at the Zhangjiagang works of Shagang Group (Shagang) in East China has lifted the unit’s hot metal production capacity and considerably extended its

Mysteel Daily Price Express 2026.4.02

Mysteel daily survey on China's ferrous market, covering major steel products prices and price indices of iron ore, coal and coke.   Mysteel major steel products prices     Mysteel iron ore price indices     Mysteel coal and coke price indices   Edited by Anthea Shi, shihui@mysteel.com Disclaimer:

DAILY: China import iron ore prices retreat again

After yesterday's small rises, China's imported iron ore prices slipped for both portside stocks and seaborne cargoes on April 2, while trading activity diverged in the two markets.

UPDATE: Vietnam imposes provisional anti-circumvention duty on wide HRC from China

Vietnam has decided to impose a provisional anti-circumvention duty of 27.83% on imports of hot-rolled coil (HRC) from China in widths from 1,880 mm to 2,300 mm and from 1.2 mm to 25.4 mm thick, according to an official document signed in Hanoi on April 2.

WEEKLY: China's retail steel stocks drop further on week

Retail inventories of the five major carbon steel products in the warehouses across China regularly checked by Mysteel thinned for the third consecutive week during March 27-April 2, according to Mysteel's latest weekly survey.

UPDATE: Five coal mines in Lvliang suspended after fatal accident

Five coal mines in Lvliang city, North China's Shanxi province, have halted operations following a fatal accident at a local mine earlier on April 1, though the impact on the overall coal supply in the region has been limited as most mines still maintain normal production, Mysteel's latest survey

Survey: Shandong medium-sulfur calcined petcoke theoretical profit 2026.04.02

OilChem weekly survey of Shandong medium-sulfur calcined petcoke theoretical profit. Unit: RMB Yuan/tonne

Survey: Nickel, Chrome and Stainless Steel Prices 2026.04.02

Mysteel daily survey on nickel, chrome and stainless steel prices.

OilChem: Middle East tensions disrupt supply chains as China emerges as a regional olefins supplier

A month has passed since the escalation of geopolitical tensions in the Middle East and the disruption to shipping through the Strait of Hormuz, a crisis widely described as a cardiac arrest for global energy flows.

MYSTEEL: Mid-East conflict pushes SEA billet costs, Chinese materials to fill supply gap

Ongoing turmoil in the Middle East is creating a significant steel billet supply gap and driving up regional shipping and logistics risks, pushing import costs for Southeast Asia higher by more than 20%, according to Mysteel's latest analysis report.