Latest market insights on the China steel market

WEEKLY: China domestic iron ore concs prices weaken

Chinese prices for domestically-produced iron ore concentrates continued to lose ground in most mining areas across the country this week, as steel mills were still reluctant to accept any increase in their purchase prices for raw materials, Mysteel's latest survey showed.

A Glance of the China Steel Market Week 3, September 2024

"A Glance of the China Steel Market" provides you with charts of key indicators such as prices, inventories and capacity utilization, along with expert commentary from Mysteel analysts to enhance your understanding of the latest trends in China's steel industry.

Port Hedland's Aug iron ore shipments to China surge 19.5% MoM

The volume of iron ore shipments to China from Port Hedland, the top iron ore dispatch terminal in western Australia, surged by 19.5% on month to reach 40.7 million tonnes in August, new data released by the Pilbara Ports Authority (PPA) show. The August tonnage was also 1.4% higher on

WEEKLY: China's FeSi prices decline further amid continued market pessimism

China's ferrosilicon (FeSi) prices continued their downward drift during the week of September 6-13, driven by persistent bearish sentiment among smelters and steelmakers.

WEEKLY: China iron ore prices recover slightly

After recording notable declines last week, Chinese prices for imported iron ore experienced small increases during September 9-13, mainly gaining momentum from growing steel demand from end-users in the domestic market, market sources observed.

China's tin ingot social inventory decreases further

China's tin ingot social inventory decreased by 521 tonnes compared with September 9 to 10,487 tonnes, according to Mysteel's statistics on September 13.   Specifically, inventory in Shanghai dropped the most by 385 tonnes. Meanwhile, inventory in Guangdong, Jiangsu, and Tianjin decreased by 132 ton

WEEKLY: China's HRC output declines, prices rebound

Production of hot-rolled coils (HRC) among the 37 Chinese flat steel producers Mysteel regularly monitors decreased to 3.02 million tonnes during the week of September 9-13, down by 83,100 tonnes or 2.68% on week, the results of the latest weekly production survey show.

WEEKLY: China's silicon metal market trends stable

During the week from September 9 to September 14, the market of silicon metal stabilized mainly, which the spot price was temporarily stable, and the market sentiment cooled slightly. On September 13, the grade 553 silicon metal (Oxygenated) offered at Yuan 11,600-11,800/ton ($1,635-1,663/t), the gr

WEEKLY: China's thermal coal prices drift higher on pre-holiday buying

During the week of September 9-13, China's spot thermal coal prices at northern transfer ports rose strongly due to robust demand from power utilities ahead of the Mid-Autumn Festival holiday over September 15-17, Mysteel data show. The uptick rippled through the pithead market and the seaborne impo

Weekly: China's manganese sulfate prices stay stable on weak demand

Manganese sulfate largely kept weak and stable this week, with the price of battery manganese sulfate at Yuan 6,200-6,400/t ($874-902/t), unchanged w-o-w, and the price of feed manganese sulfate at Yuan 3,100-3,300/t ($437-465/t), flat w-o-w.   As of September 13, the price of feed manganese sulfate