Tepid purchases, higher stocks lower rebar prices from highs

As of Feb 14, social and in-plant stocks of rebar increased by 4.69 million mt from the last week before CNY, and stood at 11.73 million mt

Price Review Forecast

01:38:07PM Feb 15, 2019

Market commentary Inventory data Rebar
Vale issues likely to buoy iron ore prices in mid to long run

In the short term, however, iron ore futures and spot prices are expected to moderate after prices rose this week

Smm Insight

07:06:34PM Feb 14, 2019

Market commentary Iron ore
Holiday, product shift to lower Feb output of hot-rolled coils

Chinese steelmakers plan to produce a total of 7.97 million mt of hot-rolled sheet coils this month, 6.3% less than a month earlier

Smm Insight

10:54:08AM Feb 14, 2019

Production data Steel HRC Hot-rolled coils Hot-rolled sheet coils
Rebar inventories accumulate in 1st week after CNY

While traders returned, few downstream plants resumed, and this grew deliveries of rebar to warehouses

Data Analysis

01:43:56PM Feb 13, 2019

Inventory data Rebar
Tangshan releases cutbacks on key industries for Q2, Q3

Compared to the draft, the new edition removed requirements of curbs on sintering machines and shaft furnaces in Mar

Smm Insight

06:45:42PM Jan 31, 2019

Market commentary Environmental protection drive
Steel downstream PMI rises to 48.77 in Jan

As CNY approached, activity across major steel downstream industries continued to contract in Jan

Smm Insight

03:14:39PM Jan 30, 2019

Steel PMI
Domestic capacity expansion lowers 2018 imports of high-carbon ferrochrome

Imports declined 8% year on year to 2.53 million mt in 2018

Data Analysis

11:48:41AM Jan 29, 2019

Customs data High-carbon ferrochrome
Slack demand lowers 2018 operating rates across wire, cable producers

Rates averaged 81.73% in 2018, down 1.27 percentage points from 2017

Smm Insight

11:25:55AM Jan 07, 2019

Wire and cable Copper
Losses lower operating rates across Chinese EAF steelmakers in Dec

Rates averaged 72% in Dec, down 5 percentage points from Nov

Smm Insight

03:17:51PM Dec 12, 2018

Operating rates Steel Steel scrap Electric arc furnaces EAFs
Winter curbs, import expo lower Nov operating rates at blast furnaces in steel mills

The average operating rate came in at 86.41% in Nov, down 0.82 percentage point from Oct

Smm Insight

12:19:39PM Dec 10, 2018

Operating rates Steel Blast furnace
Tepid purchases, higher stocks lower rebar prices from highs

Tepid purchases, higher stocks lower rebar prices from highs

As of Feb 14, social and in-plant stocks of rebar increased by 4.69 million mt from the last week before CNY, and stood at 11.73 million mt

01:38:07PM Feb 15, 2019

Price Review Forecast

Market commentary Inventory data Rebar
Vale issues likely to buoy iron ore prices in mid to long run

Vale issues likely to buoy iron ore prices in mid to long run

In the short term, however, iron ore futures and spot prices are expected to moderate after prices rose this week

07:06:34PM Feb 14, 2019

Smm Insight

Market commentary Iron ore
Holiday, product shift to lower Feb output of hot-rolled coils

Holiday, product shift to lower Feb output of hot-rolled coils

Chinese steelmakers plan to produce a total of 7.97 million mt of hot-rolled sheet coils this month, 6.3% less than a month earlier

10:54:08AM Feb 14, 2019

Smm Insight

Production data Steel HRC Hot-rolled coils Hot-rolled sheet coils
Rebar inventories accumulate in 1st week after CNY

Rebar inventories accumulate in 1st week after CNY

While traders returned, few downstream plants resumed, and this grew deliveries of rebar to warehouses

01:43:56PM Feb 13, 2019

Data Analysis

Inventory data Rebar
Tangshan releases cutbacks on key industries for Q2, Q3

Tangshan releases cutbacks on key industries for Q2, Q3

Compared to the draft, the new edition removed requirements of curbs on sintering machines and shaft furnaces in Mar

06:45:42PM Jan 31, 2019

Smm Insight

Market commentary Environmental protection drive
Steel downstream PMI rises to 48.77 in Jan

Steel downstream PMI rises to 48.77 in Jan

As CNY approached, activity across major steel downstream industries continued to contract in Jan

03:14:39PM Jan 30, 2019

Smm Insight

Steel PMI
Domestic capacity expansion lowers 2018 imports of high-carbon ferrochrome

Domestic capacity expansion lowers 2018 imports of high-carbon ferrochrome

Imports declined 8% year on year to 2.53 million mt in 2018

11:48:41AM Jan 29, 2019

Data Analysis

Customs data High-carbon ferrochrome
Slack demand lowers 2018 operating rates across wire, cable producers

Slack demand lowers 2018 operating rates across wire, cable producers

Rates averaged 81.73% in 2018, down 1.27 percentage points from 2017

11:25:55AM Jan 07, 2019

Smm Insight

Wire and cable Copper
Losses lower operating rates across Chinese EAF steelmakers in Dec

Losses lower operating rates across Chinese EAF steelmakers in Dec

Rates averaged 72% in Dec, down 5 percentage points from Nov

03:17:51PM Dec 12, 2018

Smm Insight

Operating rates Steel Steel scrap Electric arc furnaces EAFs
Winter curbs, import expo lower Nov operating rates at blast furnaces in steel mills

Winter curbs, import expo lower Nov operating rates at blast furnaces in steel mills

The average operating rate came in at 86.41% in Nov, down 0.82 percentage point from Oct

12:19:39PM Dec 10, 2018

Smm Insight

Operating rates Steel Blast furnace