[SMM Steel] John Cockerill wins $32m galvanizing line contract from JSW Steel

In April, energy demand in Anhui province continued to rebound, with secure and effective energy supply ensured. Electricity demand rebounded positively. In April, total electricity consumption reached 28.61 billion kWh, up 5.2% YoY, with the growth rate accelerating by 1.5 percentage points MoM. Power supply capacity steadily improved. In April, installed power generation capacity in the province increased by 630,000 kW, bringing total installed capacity to 148 million kW, up 13.2% YoY. Thermal coal supply remained stable and orderly. In April, Anhui's raw coal output was 8.75 million mt, with coal stockpiles at major power plants sufficient for 25 days of use. Natural gas consumption pulled back. In April, Anhui's natural gas consumption was 920 million cubic meters, down 6% YoY. Installed renewable energy generation capacity grew steadily. In April, newly added renewable energy generation capacity in the province was 600,000 kW, bringing total installed renewable energy capacity to 77.52 million kW.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 08 Jun , 2026

According to CISA data released June 4, member mills averaged 2.01 million tonnes/day of crude steel in late May, down 4.6% (80,000 t/d) from mid-May and 4.1% year-on-year. Including non-members, national daily output averaged 2.69 million t/d, down 4.3%. North China led the decline at -8.3% (57,000 t/d). Finished steel output edged up 3.2% to 2.07 million t/d. Despite this, inventories fell: member mill stocks dropped 15.7% to 15.83 million tonnes by May 31, while stocks in 21 tracked cities dipped to 10.22 million tonnes.