Top News on China Ferrous markets

The long-anticipated Simandou iron ore project in Guinea, West Africa, is finally living up to its promise, with shipment volumes climbing faster than many had expected. While chemical composition drawbacks suggest Simandou ores are unlikely to fully replace Brazil's Carajs fines (IOCJ) in productio

Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) declined during the last eleven days of May, with the tonnage lower by 4.6% or 80,000 tonnes/day from the middle ten days to average 2.01 million t/d, according to the latest release from the

The Philippines' nickel ore exports surged to a multi-year high during the January-April period, according to Mysteel's tracking of data from the Philippine Statistics Authority (PSA). The surge was related to a severe supply shortage in neighboring Indonesia and the easing of wet season rains allow

Chinese steel companies continued to dominate the global steel industry in 2025, maintaining the largest presence in the world's top 50 crude steel producers, according to the latest rankings released by the World Steel Association (WSA) on June 4.

Inventories of imported iron ore at China's 47 major ports under Mysteel's tracking rose to 171.95 million tonnes as of June 4, up 786,700 tonnes or 0.5% from the previous week, according to the latest survey results. Compared with the same period last year, however, portside stocks were significant

After rising for three straight weeks, production among China's blast-furnace (BF) steelmakers slowed during the past week as more makers halted operations for maintenance, the results of Mysteel's latest survey showed.

Last month saw China’s hot-rolled coil (HRC) prices open high following the May Day holiday that ended on May 5. But after the strong start, HRC prices gradually trended downward to end last month only moderately higher by Yuan 11/tonne ($1.6/t) from end-April at Yuan 3,425/t on May 29.

Inventories of the five major carbon steel products held by the Chinese steel mills sampled in Mysteel's regular survey increased slightly during the May 29-June 4 period after the previous week's decline, with the total tonnage edging up 0.5% on week to 4.18 million tonnes.

Retail stocks of the five major carbon steel items stockpiled in the commercial warehouses across China that Mysteel regularly monitors declined for a twelfth consecutive week over May 29-June 4, the results of Mysteel's latest weekly survey revealed.

Following the widespread safety inspections and mine suspensions in North China's Shanxi province in response to the deadly mine accident on May 22, as of June 3 some 59 coking coal mines had resumed operations, new industry data show. However, the scope of inspections seems to continue expanding, w