Latest Analysis on the China steel market

WEEKLY: China's retail steel stocks hold largely steady on week

Retail stocks of the five major carbon steel items stockpiled in the commercial warehouses across China that Mysteel regularly monitors eased for the fourteenth consecutive week over June 12-18, but the decline had almost flattened out over the period, the results of Mysteel's latest weekly survey s

DAILY: China's imported iron ore prices stabilise after earlier falls

Prices for both portside and seaborne imported iron ore cargoes in China ticked up on June 18 after the declines of the previous two days. However, port trading remained sluggish amid weakening steel prices.

WEEKLY: China's rebar output rises further on week

China's rebar production recovered slightly this week, with the combined output of the 137 Chinese steel mills Mysteel regularly checks rising by 1.9% or 41,400 tonnes on week to 2.19 million tonnes over June 11-17, according to Mysteel's latest survey results.

WEEKLY: Chinese mills' steel stocks climb for 3rd week

Inventories of the five major carbon steel products held by the Chinese steel mills sampled in Mysteel's regular survey continued to mount during the period of June 12-18 to reach 4.31 million tonnes, up for the third consecutive week, albeit by a tiny 0.7% on week.

WEEKLY: Chinese traders' stainless stocks dip further

Total inventories of finished stainless steel in commercial warehouses in Wuxi and Foshan, China's two main stainless trading hubs, continued the downtrend during the week of June 12-18, with the tonnage dipping for the second week by 4,543 tonnes or 0.5% on week to reach 938,948 tonnes, according t

WEEKLY: China NPI prices rise on stainless spike

China's domestic spot prices of high-grade nickel pig iron (NPI) climbed this week, a trading week shortened by the country's Dragon Boat Festival holiday over June 19-21.

China advances full-chain oversight of strategic minerals

To strengthen national resource security, China is establishing a comprehensive full-chain protection system for strategic mineral resources.

WEEKLY: China's 304 stainless CRC prices rebound on strong futures

Spot prices for 304-grade stainless cold-rolled coil (CRC) rebounded sharply across China's key trading hubs of Wuxi and Foshan over Mysteel's June 11-17 survey week, closely tracking the surge in Shanghai futures prices.

DAILY: Tight fundamentals further boost China's coking coal prices

China's coking coal prices maintained upward momentum on June 17, mainly driven by tight spot availability. Overall supply-demand fundamentals for coking coal stayed balanced, offsetting growing market concerns over near-term demand in light of the weakening steel market.

WEEKLY: China mills' import iron ore usage, stocks both fall

Chinese steelmakers have slightly reduced their iron ore consumption lately, signaling weaker appetite for steel production, according to the latest survey data from Mysteel. This pullback in usage has also curbed mills' procurement of the feedstock, leading to a drawdown in their inventories, Myste