Latest Analysis on the China steel market

UAE's OPEC+ Exit: Is the Era of 'Great Coordination' in Oil Supply Over?

As the third-largest oil producer in OPEC, the UAE has announced its withdrawal from OPEC and the OPEC+ mechanism, effective May 1, and will progressively ramp up production in the future. Following the announcement, international oil prices tumbled, with WTI crude futures rapidly narrowing their ga

DAILY: China's imported iron ore prices gain, sales retreat further as holiday looms

Chinese prices of imported iron ore for both portside stocks and seaborne cargoes posted slight gains on April 30, while transaction volumes in the two markets fell for the second consecutive workday.

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

Retail stocks of the five major finished steel items stored in the commercial warehouses across China that Mysteel regularly monitors dropped during April 24-30, marking the seventh successive on-week fall, the results of Mysteel's latest weekly survey revealed.

Can China's coal chemicals become a backstop for energy security amid Middle East turmoil?

Amid renewed volatility in the Middle East, global supply chains for crude oil, natural gas, and related chemicals have once again faced uncertainty. As the world's largest coal producer and a major energy consumer, China must both secure energy supply and advance its energy transition under the con

WEEKLY: Chinese BF mills' production falls for 2nd week

Hot metal production among Chinese blast-furnace (BF) steelmakers declined for a second straight week during April 24-30, as more mills halted operations for maintenance, Mysteel's survey showed.

WEEKLY: Chinese mills' steel stocks decline for 7th week

Inventories of the five major carbon steel products held by the Chinese steel mills sampled in Mysteel's regular survey declined for the seventh consecutive week during April 24-30, with the total tonnage falling by 3.9% on week to 4.34 million tonnes, the lowest since late February.

WEEKLY: China's rebar output retreats on week

Rebar output among the 137 Chinese steel mills saw a mild decline during the week of April 23-29, retreating by 80,100 tonnes or 3.7% on week to 2.07 million tonnes, according to Mysteel's latest survey.

China's steel scrap stocks at qualified yards climb to 7-month high

Inventories of ferrous scrap piled at scrap yards across China have risen steadily during the past two months as domestic scrap processors have benefited from improved market conditions, the findings of Mysteel's latest survey showed.

Copper semis demand to vary post-holiday yet resilient in China

Raw material stockpiling among China's copper semis producers were cautious before 2026's Labor Day holiday (May 1-5), weaker than the same period in 2025, according to Mysteel's survey on 11 refined copper rod, 14 secondary copper rod, 13 copper plate/strip, 18 copper tube, and 12 copper bar produc

China to fully utilize economic policy tools, systematically respond to external shocks, says Politburo meeting

China's economy began the year on a positive footing. Given external uncertainties and persistent domestic challenges, attention has turned to the direction of macroeconomic policy in the period ahead. The Political Bureau meeting of the Communist Party Central Committee held on April 28 underscored