Top News on China steel and other commodity markets

China's coke sector is set to undergo a structural shift in the following five years guided by the country's 15th Five-Year Plan (FYP), with development focus turning to high added value, enhanced capacity concentration and stricter environmental compliance. This redirection could also lead to chang

The recent surge in sulfuric acid prices has greatly helped offset Chinese copper smelters' losses caused by extremely low copper concentrate treatment charges (TCs), as sulfuric acid is a key by-product of China's copper smelting industry. Sulfuric acid prices in China have risen rapidly since Marc

Mongolian Mining Corporation (MMC), the country's largest producer and exporter of washed coking coal, reported strong sales growth in this year's first quarter, driven by robust demand from neighboring China.

Brazilian mining company Vale produced 69.7 million tonnes of iron ore during the first quarter of this year, marking a 3% increase from the same period last year, according to the miner's latest quarterly report released on April 16.

China's tin solder output from 45 sample enterprises (including large, medium, and small companies) reached 7,379 tonnes in March, up by 98.63% month on month but down by 0.66% year on year, according to Mysteel's survey. The operating rate of sample enterprises stood at 71.83%, an increase of 33.80

Production among Chinese blast furnace (BF) steelmakers continued to expand during April 10-16, though the increase slowed down compared with previous weeks, Mysteel's survey showed.

Indonesia implemented a new Mineral Benchmark Price (Harga Patokan Mineral, or HPM) pricing formula for nickel ore on April 15. The policy, part of Jakarta's long-term strategy to control nickel supply, raise prices, and boost state revenue from the mineral sector, is set to fundamentally reshape th

Inventories of imported iron ore stockpiled at China's 47 major ports under Mysteel's regular tracking declined by 2.28 million tonnes or 1.3% on week to 174.65 million tonnes as of April 16, nearing a three-month low, according to the latest survey results. Nonetheless, the portside stocks remained

Recent geopolitical shifts in the Middle East have disrupted traditional supply chains of PP, and China's PP industry is leveraging its cost advantages, production scale, and strategic trade routes to expand export share.

Tin prices fluctuated at high levels on April 16. The SHFE night session briefly rose to Yuan 392,880/tonne.   Improved macro sentiment lifted tin prices. Overseas, there are expectations of an easing of the Middle East situation. The U.S. President said the next round of talks could be held this w