Top News on China Steel markets

Thailand's Department of Foreign Trade (DFT) has initiated an anti-dumping investigation into steel strand for prestressed concrete (PC strand) originating from China, following a petition by domestic producer Siam Industrial Wire Co., Ltd (SIW).

Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks declined for the third consecutive week during October 23-29, according to Mysteel's latest survey result.

China's high-carbon ferrochrome (FeCr) market is facing intensifying downward pressure as leading stainless steel mills have lowered their procurement bids for the ferroalloy for the fifth consecutive month, severely dampening market sentiment, Mysteel Global notes.

Medium to heavy atmospheric pollution over Handan city in North China's Hebei province, a major center for iron ore mining sintering and steelmaking, has prompted the local government to launch winter steel production controls this week, requiring local steel mills to take turns idling blast furnace

Baoshan Iron & Steel Co., Ltd. (Baosteel), the listed arm of the world's largest steelmaker by capacity, China Baowu Steel Group (Baowu), saw its net profits attributable to shareholders for this year’s July-September quarter decline by a sharp 29.7% on year to Yuan 2.17 billion ($325 million), acco

New steel traceability rules are expected to curb China's exports of semi-finished steel products to the European Union via third countries, potentially reducing annual volumes by 1.2-1.75 million tonnes. Meanwhile, a potential recovery in Iranian supply and diverging demand trends in Indonesia coul

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to raise its rebar list price by TWD 200/tonne ($6.2/t) for transactions over October 27-30 while holding its buying price for local scrap following a hike of TWD 300/t in the prior week, a comp

China's export prices for carbon steel hot-rolled coil (HRC) held largely stable during October 19-23, with Mysteel assessing the export price of SS400 3mm commercial-grade HRC at North China's Tianjin port higher by a tiny $1/tonne on week at $493/t FOB on October 23.

China's exports of carbon steel (non-alloy) hot-rolled coil (HRC) in September fell 14.1% on year to 1.31 million tonnes, according to the latest data from China's General Administration of Customs (GACC). The September fall reversed the growth seen in August when the country's HRC exports jumped 12

Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) declined slightly during October 11-20, with the tonnage slipping by 2.3% or 45,000 tonnes/day from the first ten days of this month to average 1.89 million t/d, according to the latest release from the