Mysteel Global

📹 𝐌𝐲𝐬𝐭𝐞𝐞𝐥 𝐅𝐞𝐫𝐫𝐨𝐚𝐥𝐥𝐨𝐲 𝐕𝐢𝐝𝐞𝐨 of November 08, 2024 - weekly overview of China's ferroalloy market Find out more prices and indices of Mn Ore, SiMn, FeMn, EMM, Manganese Sulfate, FeSi, Silicon Metal, Noble Alloys, etc. in "Price Curve" and "Mysteel Indices": 🔎 https://lnkd.in/gxHxCcA6 To get informed of China's ferroalloys market, you are welcome to subscribe to "𝐌𝐲𝐬𝐭𝐞𝐞𝐥 𝐅𝐞𝐫𝐫𝐨𝐚𝐥𝐥𝐨𝐲𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐖𝐞𝐞𝐤𝐥𝐲 𝐑𝐞𝐩𝐨𝐫𝐭": 👉 https://lnkd.in/g2Zadj2G Covering - Ferroalloys & Ore Prices and Index - Smelters' Capacity Utilization, Demand & Production - Tender Update - China Steel Market Highlights Mysteel also empowers your decision-making with "𝐌𝐲𝐬𝐭𝐞𝐞𝐥 𝐌𝐚𝐧𝐠𝐚𝐧𝐞𝐬𝐞 𝐎𝐫𝐞 𝐒𝐡𝐢𝐩𝐦𝐞𝐧𝐭 𝐰𝐞𝐞𝐤𝐥𝐲 𝐑𝐞𝐩𝐨𝐫𝐭" This shipping data represents manganese ore arrivals at Chinese ports from South Africa, Australia, and Gabon during the current period. 📩 Contact us at inquiries@mysteel.com to obtain a sample #Mysteel #Ferroalloys #ChinaMarket #SilicoManganese #FerroSilicon #ManganeseOre

Donald Trump's victory in Tuesday's U.S. presidential election has sent shockwaves through the global trade landscape, with the reverberations already seen impacting the longstanding and contentious Sino-US trade relationship. With Trump's history of advocating trade protectionism when imports into the US are involved, his return to office has raised concerns about new tariffs that may redefine the trade framework, especially for sectors like steel among the commodities hardest hit during his first term. Analysts at Mysteel shared their perspectives on the prospects for China’s steel exports to the U.S. Read in full: 🔗 https://lnkd.in/gR5VgPFx #USelection #ChinaEconomy #GlobalTrade #SteelExport #DonaldTrump

Dive into China's foreign trade performance up to October, expertly analyzed by Mysteel using the latest data from the General Administration of Customs of China (GACC) and Mysteel’s own extensive Chinese commodities database. Gain unique insights with us!   🔗 https://lnkd.in/gQY-XEze #Mysteel #China #import #export #foreigntrade #coal #steel #copper #ironore #ChinaEconomy

The re-election of Donald Trump in Tuesday's US presidential election will make Nippon Steel's goal of acquiring US Steel even more challenging, given Trump's repeated opposition to the Japanese steelmaker's takeover plans and his promise to block the deal instantaneously were he re-elected. This makes news from India of plans for a new integrated works there all the more significant. According to Indian media reports, the government of southeast India's Andhra Pradesh state has concluded discussions with ArcelorMittal about building a greenfield integrated steelworks in Anakapalli district that will eventually have a capacity of 17.8 million tonnes/year. The vehicle for the project would be AM/NS India, the 60-40 joint venture formed between ArcelorMittal and Nippon Steel in 2019 to acquire Essar Steel and expand Essar's Hazira plant in Gujarat state, as Mysteel Global reported. Read in full 👉 : https://lnkd.in/gAi-Jf4s More about the green steel project in Andhra Pradesh 🔎 : https://lnkd.in/gKU8bT7T #Japan #Steel #NipponSteel #USSteel #DonaldTrump #India

The United States imported 29,328 tonnes of steel products from China for domestic use during September, marking a modest 3.9% increase compared to the same month last year, according to a report from the U.S. Department of Commerce (DoC) released on November 5. The year-on-year growth that month was widely anticipated, as a 25% tariff on Chinese steel products, imposed by the United States Trade Representative, officially took effect on September 27. Some U.S. traders and end-users secured their steel supplies ahead of the tariff increase, sources in the market noted.   Notably, the average price of steel imported from China in September surged to $2,001.8/t, reaching a seven-month high and significantly above the August 2024 average of $1,890.5/t and September 2023's average of $1,940.7/t, according to Mysteel Global's calculations based on DoC data. Read in full 👉 : https://lnkd.in/gG5ExnYJ #USA #China #steel #manufacturing #trading #imports

China's steel prices experienced a brief surge in October, and as  November began, important macroeconomic developments at home and abroad continued to capture most steel industry attention in China. What positive changes can we expect as we enter November, and what pressures will persist? Mysteel has released a series of monthly views providing an #outlook on China's ferrous market development in November. These reports are generated by an expert analyst team and are based on an extensive database monitored by dedicated researchers. Start your free trial to read the full version 🔎 : https://lnkd.in/g6X4aD7c Mysteel Research&Consulting offers 𝐦𝐨𝐧𝐭𝐡𝐥𝐲 bespoke 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 varied from ferrous products to battery materials and key plastics and rubber products, including the next three-month price forecast and analysis on influencing factors. ☎ Contact us (inquiries@mysteel.com) to get a template and discuss more. #China #ferrous #commodity #prices #steel #ironore #coke #coal #steelscrap #FeSi #SiMn #output #demand #policy #outlook

🎬 Mysteel Insights – Nov 6, 2024 As we move through October, China's steel prices experienced a brief surge to a seven-month high before rapidly declining. Mysteel's chief analyst, Wang Jianhua, highlights that this pullback was inevitable following the earlier wave of optimism. Looking ahead, he predicts that steel prices will remain rangebound, influenced by macroeconomic factors and market fundamentals. The upcoming NPC Standing Committee session is pivotal. If policies align with market expectations, we could see a resurgence in steel prices. While positive economic indicators suggest increased demand from the manufacturing sector, a potential surplus in steel supply poses challenges. Join us as we explore the intricate dynamics shaping China's steel market this month! 👉 https://lnkd.in/gD2Qrc2s #steelindustry #steelprices #chinaeconomy

US 2024 Election: A Turning Point of Uncertainties for China's Economy? - Exports are booming (+4.3% YoY Jan-Sep) but domestic demand's lagging! 📊 - Net exports contribute 23.8% to GDP growth.  📈 But what impact will the US election results have on China's economy? Share your thoughts! #ChinaEconomy #USElection #GlobalTrade #EconomicTrends

China HRC export prices Oct 28-Nov 01, 2024 👇 China's export prices of hot-rolled coils (HRCs) decreased for three straight weeks amid limited trading activity, Mysteel's weekly market roundup shows. Although Chinese steelmakers sought some support for their export HRC quotations from the country's #macroeconomic front last week, tepid overseas demand and worries about foreign trade frictions dragged the export market prices.   For instance, Vietnam, a major consumer of Chinese HRCs, is conducting an anti-dumping investigation against Chinese and Indian HRCs, and the preliminary results are expected to be announced in November, as reported. Read in full: 🔗https://lnkd.in/gBcnHQFC More about 𝗩𝗶𝗲𝘁𝗻𝗮𝗺'𝘀 𝗮𝗻𝘁𝗶-𝗱𝘂𝗺𝗽𝗶𝗻𝗴 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻: https://lnkd.in/g5axrxZP ⭐ 𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐇𝐑𝐂 𝐞𝐱𝐩𝐨𝐫𝐭𝐬 exert a substantial influence on the global market. At Mysteel, we provide 1️⃣ daily update on HRC export prices from 10 main ports in China and track 2️⃣ HRC utilization rates weekly, aiding you in making informed predictions about future price trends. 📈 😊 Ready to see the change? Begin your 𝐟𝐫𝐞𝐞 𝐭𝐫𝐢𝐚𝐥 today and explore what we offer by clicking "Unlock": 🔗https://lnkd.in/gm7KyV6r #Mysteel #China #steel #HRC #export #prices #capacityutilization #Chineseport #steelmills

To promote the higher-quality development of the country's steel industry, China's Ministry of Industry and Information Technology (MIIT) released the revised normative conditions of the steel industry (draft for comments) on November 1, inviting public feedback until November 14. China's current Normative Conditions for the Steel Industry, issued in mid-May 2015, have focused more on environmental protection and energy conservation within the industry, with standards and requirements set for the construction and transformation of steel enterprises. In comparison, the new 2024 draft introduces updated requirements emphasizing "high-end, green, and intelligent" development of the domestic steel industry and adds new criteria related to ultra-low emissions and energy consumption for steelmakers. Read in full 👉 : https://lnkd.in/gbQd73_2 #China #Steel #environmentalprotection #GreenSteel