Latest Analysis on the China steel market

WEEKLY: Decline in Chinese retail steel stocks accelerates further

Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks fell faster during September 11-17, according to the results of Mysteel's latest weekly survey.

DAILY: Seaborne iron ore index inches up with the lukewarm market liquidity

The seaborne iron ore index edged up, but market liquidity was lukewarm and the secondary market activity remained weak on Thursday, September 17, 2026. The Mysteel SEADEX 61% Fines increased by 0.47% or $0.45/dmt to $95.20/dmt, while the corresponding 62% Low Alumina Fines index increased by 0.40%

MYSTEEL: Shanxi coking coal restarts stall as mines reach full-year output quotas

Restarts at idled coking coal mines in North China's Shanxi province are being held up, as several mines must stay shut due to some either meeting their production quotas already or nearing their ceilings, according to Mysteel's latest survey.

WEEKLY: Pre-holiday restocking stabilizes China's 304 stainless CRC market

The decline in Chinese spot prices of 304-grade stainless steel took a pause during the survey week to September 16 and stabilized across key trading hubs of Wuxi and Foshan, as pre-holiday restocking revived buying interest, Mysteel Global learned.

China's FeMo prices strengthen on cost support

China's prices of ferromolybdenum (FeMo) have strengthened recently, mainly thanks to the firming cost support from higher prices of moly concentrates, Mysteel Global learned.

China's consumer spending slows again in Aug as auto, property weakness weigh on growth

In August 2026, China's retail consumption momentum weakened further. Total retail sales of consumer goods slowed again, falling short of market expectations, as the lingering effects of demand brought forward by earlier policy support, continued weakness in automobile and property-related consumpti

WEEKLY: Chinese steel mills build up imported iron ore stocks before holiday

Chinese integrated steelmakers have ramped up procurement of imported iron ore sintering fines amid softening ore prices this week, mainly to meet production needs during the upcoming holidays, while their immediate ore demand has expanded only marginally, Mysteel's latest survey showed.

DAILY: China's coking coal prices edge lower on thin trading

China's coking coal market remained under pressure on September 16 as buying interest stayed tepid. Mysteel's benchmark price continued to slide, while online coking coal auctions also delivered weaker results.

DAILY: China's pithead thermal coal rebounds on pre-holiday buying

China's pithead thermal coal market reversed course on September 16, as the number of mines raising prices surged, outnumbering those cutting prices. Sources said downstream buyers stepped up restocking ahead of the Mid-Autumn Festival and National Day holidays, while ongoing safety inspections kept

DAILY: China's met coke market remains in stalemate

China's metallurgical coke market stayed largely stable on September 16. Spot prices remained high, yet market sentiment was still cautious. The market was locked in a stalemate, with both upward and downward price drivers lacking strength.