Latest news on the China steel market

FLASH: Wanzai hasn't resumed production as scheduled on December 5th

On December 5, staff from Wanzai Era Zhicun New Energy Materials Co., Ltd.‌‌ stated that the ignition and production resumption ceremony, originally scheduled for December 5, has not yet taken place.   Wanzai Era Zhicun New Energy Materials Co., Ltd.‌‌ is a subsidiary of CATL, primarily engaged in t

China CBM output to up 20.1% YoY to 20 bln cubic meters in 2025

By the end of 2025, China's coalbed methane (CBM) output is expected to reach 20 billion cubic meters, a year-on-year surge of 20.1%.   Benefiting from the implementation of the national strategy of reserve increase and production enhancement, the 2025 proportion of CBM output in domestic natural ga

FLASH: China Gas signs a strategic cooperation ceremony with EVE Energy

According to information from China Gas Group On December 3, China Gas held a strategic cooperation signing ceremony with EVE Energy Co., Ltd. at EVE's Zhongkai headquarters on December 2.   Under the agreement, the two parties will adhere to the principles of complementary advantages, resource shar

India: HRC export index for EU steady as mills fully exhaust quarterly quota

HRC offers to Middle East stay stable. Export offers to China also remain steady

South African coal terminal declares 'force majeure' due to berth disruption

Coal loading operations at Berth 801 of South Africa's Richards Bay Coal Terminal (RBCT) were forced to halt after strong winds caused equipment damage. As a result, the port declared force majeure on December 2.

FLASH: Xingfa Group and BYD sign an 80,000-tonne LFP Entrusted Processing Agreement

On December 4, Xingfa Group announced that its wholly-owned subsidiary, Hubei Xingshun New Materials Co., Ltd., signed a Lithium Iron Phosphate Entrusted Processing Agreement with BYD (Qinghai) Co., Ltd. ‌Under the agreement, BYD Qinghai will entrust Xingshun New Materials to process and produce 80,

Indian steel market stagnation worsens in Nov'25, outlook remains gloomy

Domestic HRC prices drop by 2% m-o-m, rebar market weak. Iron ore prices firm up after OMC auction, NMDC revision. Weak global sentiments to weigh on recovery prospects in Q4FY'26

Anti-dumping duties to be levied on Chinese aluminum, says Eurasian Economic Commission

The Eurasian Economic Commission, under the Eurasian Intergovernmental Council, has introduced a series of fresh trade measures targeting the Chinese imports of titanium dioxide and aluminum foil. Following the Council's instruction, the board has agreed to impose anti-dumping duties on both product

FLASH: China LNG price 2025.12.04

OilChem daily survey of the LNG price in China. Unit: RMB Yuan/tonne

China gasoil exports surged 45.17% MoM in Oct but set to pull back in Nov

China's gasoil exports saw a significant surge in October 2025, with monthly volume reaching 740 kt, a sharp increase of 230 kt or 45.17% from September. This brought the net export volume for the month to 700.60 kt, up 49.57 percentage points month-on-month. The strong export momentum was primarily