Mysteel: Post-May Labor Day iron ore and steel market sentiment survey

Source: Mysteel May 07, 2025 10:35

Mysteel conducted a survey following the May Labor Day holiday to assess market conditions across steel mills, domestic iron ore mines, and traders. The results are as follows:

Steel Mills Production: Among the 19 surveyed steel mills, 90% maintained normal operations during the holiday period. Some resumed previously idled capacity due to improved margins, while a few carried out routine maintenance lasting several days. Based on the findings, daily hot metal output across the 247-mill sample is projected to