Tsingshan Group Announced High-Carbon Ferrochrome Purchase Price under Long-Term Contract in June

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 11 Feb , 2026

Shanghai HRC inventory totaled 347,100 mt this week, up 14,300 mt MoM, an increase of 4.30%; down 10.95% YoY on a Gregorian calendar basis, but up 17.94% YoY on a lunar calendar basis.

On February 8, 2026, the Pilbara Port Authority resumed operations at Port Hedland, the world’s largest iron ore export hub, following the passage of Cyclone Mitchell. Other major terminals, including Ashburton, Cape Preston West, and Dampier, resumed operations on February 9. While berths were cleared as a safety precaution on February 6, the quick resumption of activity has eased immediate concerns over a significant disruption to February shipment volumes for BHP and Rio Tinto.