China mine's iron ore output, stocks both rise further

Release time:

2025-03-24 16:11

Source:

[summary]

Source: Mysteel Mar 24, 2025 16:00

The production among Chinese iron ore mining companies kept climbing last week, driven by the continuous increase in integrated steelmakers' purchase demand in parallel with their ramp-up of steel output, Mysteel's latest survey showed.

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China's 304 stainless steel prices weaken on dampened sentiment

The positive sentiment that had earlier buoyed China's stainless steel market waned overMarch 14-21, with futures prices weakening and exerting downward pressure on austenitic stainless prices, particularly for 304 stainless steel cold-rolled coil (CRC), according to Mysteel Global.

China mine's iron ore output, stocks both rise further

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On September 11, the domestic steel market rose, and the ex-factory tax-inclusive price of Tangshan Qiananpu square billet rose 40 to 2830 yuan/ton. In terms of transactions, driven by the rise of the period snail, the market price as a whole followed the rise, the transaction volume.

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