Chinese steel traders' stocks decrease further
The finished steel inventories held by Chinese traders sampled by Mysteel thinned for the fifth straight week during June 2-8, falling by another 2.5% on week, the latest survey data show. Survey respondents cited enhanced trading activities for the dip after steel market sentiment had improved mode
Survey: Steel inventory at traders' warehouse 2023.6.08
Note: Mysteel has started publishing the new set of data regarding traders' steel inventories since March 19 2020 to better represent the market with bigger sample sizes: Rebar and wire rod: Sample size is increased to 429 warehouses in 132 Chinese cities from the previous 215 warehouses in 35 c
Survey: Tangshan billet production cost 2023.6.08
Mysteel daily survey on Tangshan billet production cost. (Unit: Yuan/tonne) Edited by Anthea Shi, email@example.com Disclaimer: The data is provided only for market reference. Mysteel accepts no responsibilities for consequences caused by usage of the data.
WSA: Baowu retains world's top steelmaker title in 2022
For 2022, China Baowu Steel Group (Baowu) has been crowned the largest steelmaker globally for the third straight year in terms of crude steel production volume, according to the World Steel in Figures 2023 published by the World Steel Association (WSA) on June 7.
DAILY: China's rebar price drops, spot sales down further
China's national prices of HRB400E 20mm dia rebar under Mysteel's assessment declined after four days of rises by June 7, down by Yuan 12/tonne ($1.7/t) on day to Yuan 3,800/t including the 13% VAT, and spot sales of construction steel declined for the third day by another 2% on