Imported iron ore stocks at China’s 45 ports had stayed on a uptrend since late August, with the volume up another 1.5% or 1.8 million tonnes on week to a new seven-month high of 122.4 million tonnes by October 15, as the new arrivals persisted high while the daily discharge from these ports reduced, Mysteel’s latest survey showed.
Blast furnace capacity utilization among China’s 247 Chinese steel mills Mysteel canvasses weekly reversed down again over October 10-15 after merely one-week recovery, down 0.3 percentage point on week to 92.91% as of October 15, as some steel mills in North China’s Hebei province trimmed their production on government request, market sources commented on Friday.
价钱s for imported iron ore in China’s portside and seaborne cargo markets continued to soften for a fourth day on October 15, with Mysteel’s PORTDEX 62% Fe Australian Fines index falling by another Yuan 15/wmt ($2.2/wmt) on day to Yuan 880/wmt FOT Qingdao and including the 13% VAT. On the same day, the SEADEX 62% Fe Australian Fines price also decreased by $1/dmt on day to $118.5/dmt CFR Qingdao.
Many steel market sources both in and out of China are eagerly waiting for the country’s nationwide steel scrap standard guidelines that reportedly will be released by the end of 2020, as this may trigger a series of changes including the possibility of China’s allowing free steel scrap imports, and the global steel scrap fundamentals with the joining of the world’s top steel producing country.
Inventories of processed coking coal at the 110 Chinese independent and affiliated wash plants under Mysteel’s regular survey fell by 237,500 tonnes or 9.5% from September 29 to reach 2.3 million tonnes as of October 13, according to Mysteel’s survey report on October 14. The decline was a consequence of the slide in output and to active post-break replenishment from end-users, according to sources.
China’s sales of excavators to both domestic and overseas clients surged by nearly 64.8% on year to 26,034 units during September and lifted total sales over the first nine months by 32% on year to 236,508 units, according to the latest statistics from the China Construction Machinery Association (CCMA) published on October 15.
五大碳钢产品在根据Mysteel的每周调查显示中国钢材贸易商的库存在第一周逆转全国上下的国庆长假后，休息后在十月9日至10月15日近5％的滑动，由于疯狂的抢购。然而，后面的下跌正在加紧对需求上扬只会持续多久，市场参与者的担忧，全球Mysteel的理解。188体育官网
188体育滚球平台导航在北部和东部中国主要市场在国内开采的铁矿石精矿的价格在国庆188宝金博网址假期（十月1-8），在这些地区的钢铁生产商之间的后突破带动采购增加后，据消息人士透露。
销售和在中国生产汽车的根据来自中国汽车工业协会的最新统计数据看到显著同比和环比上升9月，主要得益于一系列刺激政策和推广活动，以提升汽车消费（CAAM）在10月13日被释放的时间长于通常的国庆长假在10月1-8日也给了弹指至九月销售，Mysteel的全球笔记。188体育官网
The uptick in export sales of Chinese steel seen before the country’s National Day holiday over October 1-8 cooled down again after the break, with offer prices reversing up in tandem with the domestic market, while those from makers in other countries, especially in Asia, have slipped. At the same time, the broadening gap between domestic prices and offers from mills abroad saw China’s window for steel imports open again, according to Mysteel’s latest survey.
Mysteel的的PORTDEX 62％Fe的澳大利亚铁矿石粉一天下跌1188宝金博网址0元/湿吨（$ 1.5 / WMT）于10月13日达到909元/湿吨FOT青岛，其中包括13％的增值税。该SEADEX 62％Fe的澳大利亚铁矿石粉太周二拒绝，由188宝金博网址$ 2.95缓和/一天干吨达到$ 121.05 /干公吨CFR青岛。
铁矿石总量派往全球目的地从19个端口和1188宝金博网址6家矿业公司在澳大利亚和巴西在10月5日至11日下降为第二周下降另一个5％或每周135万吨至25.5万吨，下册from both countries, according to Mysteel’s weekly tracking.
中国钢材价格持续上涨的第三个188体育滚球平台导航工作日起，随着国家HRB40020毫米直径的螺纹钢盘价高达一天另一块13 /吨（$ 1.9 / t）的袁3,829 /吨，其中包括13％的增值税为10月12日钢交易维持在一个较高的水平。
价钱s for imported iron ore in China’s portside and seaborne cargo markets softened on October 12, with Mysteel’s PORTDEX 62% Fe Australian Fines index decreasing by Yuan 3/wmt ($0.4/wmt) from Saturday to Yuan 919/wmt FOT Qingdao and including the 13% VAT. On the same day, the SEADEX 62% Fe Australian Fines price also dipped by $1.7/dmt from Saturday to $124/dmt CFR Qingdao.
Many China’s steelmakers re-entered the spot market to replenish their internal regular over the first two working days over October 9-10, after having largely relied on their in-house stocks during the long National Day holiday over October 1-8, while iron ore traders, on the other hand, have showed relatively cautious on taking over much ore quantities, market sources noted.
在全中国64家钢铁企业由Mysteel188宝金博网址的定期监测的进口铁矿粉库存较9月24日至10月9日拒绝创下1608万公吨的六个月低点，因为许多中国钢厂已在他们的大部分进口罚款的库存消耗the National Day holiday break, according to Mysteel’s latest survey.
宝山钢铁股份有限公司（宝钢），中国Baowu钢集团的上市子公司，是降低其标价为碳素钢热轧卷（HRC）十一月份国内销量元100 /吨（$ 14.9 / t）的，188体育滚球平台导航according to the company’s pricing policy announced on October 9.
Metallurgical coke stocks at China’s 230 independent coking plants rose 5% from September 30 to 782,400 tonnes by October 9, thus ending the successive decline since mid-September, according to Mysteel’s latest survey, which reflected the slowdown in coke delivery during the long break and several plants’ tactic to support prices with lower sales, according to market sources.
Shagang Group (Shagang), China’s largest electric-arc-furnace (EAF) steelmaker, has raised its steel scrap procurement price by Yuan 80/tonne ($11.8/t) effective October 10, or the first price adjustment in October, on noting the declines in scrap deliveries while buoyant demand from the Chinese steel mills in general, market sources commented on Saturday.
Total iron ore port stocks at the 45 Chinese ports under Mysteel’s weekly survey continued to climb for the seventh week to a seven-month high of 120.6 million tonnes on October 9 after another gain of 1.3% or 1.5 million tonnes from September 30, according to Mysteel’s latest release, which was mainly due to the steadily high ore arrivals over the survey period.
