On June 10, a steel mill in Liaoning set a ferromolybdenum tender price of 310,700 yuan.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 15 Jun , 2026

Hoa Phat’s 2025 results marked a major step-up driven by the ramp-up of Dung Quat 2, pushing crude steel output above 11 million tons and lifting earnings through higher volumes and cost dilution despite weak global steel prices. Growth was supported by stronger HRC and downstream sales, a rising export mix, and continued domestic dominance. The year also signals a strategic shift toward higher-value products and future capacity expansion into rail and special steels.

Recently, the central work safety assessment and inspection teams went deep into eight provinces (autonomous regions and municipalities) — Hebei, Shanxi, Heilongjiang, Anhui, Hunan, Guangxi, Chongqing, and Xinjiang — to carry out rigorous, thorough, and meticulous open and undercover inspections for Q2 and Q3. They enforced the law with seriousness, resolve, and a hard-line approach, cracking down heavily on all types of illegal and unlawful activities and resolutely preventing and curbing serious and major accidents. The inspection teams headed straight to the sites and conducted in-depth investigations. Any major accident hazards discovered will be referred to provincial Party committees and governments for verification and rectification, accountability tracing, and strict handling. Concurrently, special inspections on regulatory enforcement issues were launched, with strict investigations into illegal and unlawful acts, fraud, and other misconduct in work safety, as well as prominent problems such as corruption and work-style violations in this field.