Daily crude steel output at CISA key mills inched up 0.35% in mid January

[Molybdenum-Iron Tender Information] SMM, March 24: It is reported that on March 23, a special steel group in east China announced the tender price for a new round of ferromolybdenum procurement, with the tax-inclusive plant-delivered acceptance-settled price at 277,500 yuan/mt, down 2,000 yuan/mt from the tender price on March 18. The public tender purchase volume was 120 mt (bid volume), while the actual total purchase volume remained to be determined.

[SMM Daily Hot-Rolled Coil Trading] On March 18, the total daily trading volume of hot-rolled coil among SMM sample enterprises in four cities (Shanghai, Lecong, Tianjin, and Ningbo) was 14,430 mt, down 640 mt day on day, or 4.2%, with up 14.43% YoY on a calendar basis and down 26.56% YoY on a lunar calendar basis.