Latest news on China steel and other commodity markets

China's Zhejiang Yongjin halts stainless CR project in Indonesia

East China-based stainless flat products maker Zhejiang Yongjin Metal Technology Co., Ltd. (Yongjin) has decided to halt further work on its cold-rolled stainless steel strip project in Indonesia, the company announced to the Shanghai Stock Exchange on June 2. The steelmaker would not reveal the rea

Japan's 300-series stainless CR sheet prices stay flat

By October 28, Japanese dealers' prices of 300-series stainless cold-rolled (CR) sheets have remained flat for more than a month, chiefly due to stagnant buying activities among customers, market sources in Tokyo shared.

Japan's Sept domestic stainless flat sales decline 4% YoY

In September, Japan's domestic sales of stainless flats including hot-rolled (HR) and cold-rolled (CR) coils and sheets among 32 major coil centers nationwide had declined for the fourth straight month by a further 3.9% on year to 52,914 tonnes, according to the latest data released by Japan Stainle

WEEKLY: China's stainless steel stocks over October 10-13

        Note: 1Starting August 6 2021, Mysteel has enlarged the survey to include warehouses in Jieyang, Zibo, Shenyang and Xi'an markets in China other than Wuxi and Foshan. 2.Starting January 3 2020, Mysteel has enlarged the number of the warehouses in Wuxi by five to track 90% of the spot stainle

Japan's 300-series stainless CR sheet prices to rise soon

By October 12, Japanese dealers' prices of 300-series stainless cold-rolled (CR) sheets have been kept flat since late August with customers stepping back from buying activities on anticipation of price drop, but they will return to the market over the hike by producers, market sources in Tokyo shar

Japan's Aug stainless CRC imports down 6% MoM, but still high

In August, Japan imported 15,374 tonnes of stainless cold-rolled coils (CRCs) in total, down 5.8% on month, according to the data released by Trade Statics of Japan on September 28. But market sources believed that the stock level remained high and more stainless CRCs may be imported to Japan in

Japan's Aug domestic stainless flat sales decline 10% MoM

In August, Japan's domestic sales of stainless flats including hot-rolled (HR) and cold-rolled (CR) coils and sheets among 32 major coil centers declined by 10.4% on month and 8.6% on year to 46,747 tonnes, according to the latest data released by Japan Stainless Coil Centers Association (JSCA) on S

NSSC cuts 300-series prices, but rolls over 400-series for Sept

Nippon Steel Stainless Steel Corp (NSSC), Japan's largest stainless producer, has decided to cut its 300-series cold-rolled coil (CRC) and plate prices by Yen 20,000/tonne ($139/t), but to roll over 400-series CRC prices for September sales to domestic distributors, according to the company.

Japan's 300-series stainless CR sheet prices to rise further

By September 5, Japanese dealers' prices of 300-series stainless cold-rolled (CR) sheets had risen by Yen 30,000/tonne ($214/t) since late August after the market returning from the public holidays in mid-August. And dealers are aiming to add another Yen 20,000/t to their prices, market sources in T

Japan's 300-series stainless CR sheet prices to rise soon

By August 15, Japanese dealers' prices of 300-series stainless cold-rolled (CR) sheets had remained flat for nearly three weeks, but they're expected to rise again soon after the market returns from two public holidays. Though the increment might be smaller than expected due to the recent price cuts