Top News on China Ferrous markets

Shagang Group (Shagang), China's leading privately-owned steel firm and the largest electric-arc-furnace steelmaker, has decided to hold its long-product list prices for sales over March 1-10 from the previous eight-day period, the company announced last Sunday.

The escalating military conflict between the United States, Israel and Iran is set to cripple China's steel exports to the Middle East, with countries reliant on transiting the Strait of Hormuz bearing the brunt of the disruption, Mysteel Global notes.

The Purchasing Managers' Index (PMI) for the steel industry in North China's Hebei province, the country's top steel-production base, shrank again by 4.1 points on month in February to 48.8, dropping below the 50-threshold signaling contraction, according to the latest data released by the Hebei Met

"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.

In 2025, Indonesia's total sulfur imports reached 5.35 million tonnes, with 1.76 million tonnes imported from Saudi Arabia and 930,500 tonnes from Qatar. However, the recent sharp escalation of geopolitical tensions in the Middle East and the blockade of the Strait of Hormuz are expected to signific

The recent escalation of conflict in the Middle East involving the U.S., Israel and Iran has stoked concerns about prolonged disruptions to global trade and commodity flows, particularly after Iran 'closed' the Strait of Hormuz, a key maritime corridor. However, any direct impact on global iron ore

Toyota Motor Group, Japan's largest automaker, has decided to maintain the prices of the flat steel it sells to affiliated component makers covered by its centralized purchasing scheme for the first half of Japan's new fiscal year beginning in April, according to Japanese media reports. The auto gia

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to hike its rebar list price by TWD 300/tonne ($9.5/t) for business discussions over March 2-6 and roll over its buying price for local scrap for transactions during the same period, a company o

Chinese export prices for commercial-grade hot-rolled coils (HRCs) gradually ticked up during February 24-28, the first week after the Chinese New Year (CNY) holiday that ended on February 23, as mainstream steel mills lifted their export quotations amid evolving market dynamics both at home and abr

The total volume of iron ore dispatched to global destinations from the 20 ports and 17 mining companies in Australia and Brazil under Mysteel's regular tracking ended a two-week rise and retreated to 26.2 million tonnes during February 23-March 1, lower by 383,000 tonnes or 1.4% from the previous