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Chinese steel
News updates related to Chinese steel.
China reduced steel production but increased iron ore imports to 418.6 million tons.
China's steel output declined by 4.1% in the first four months of 2026, but iron ore imports still grew by 8%, reflecting a structural shift in the industry.
Market
Coking coal prices in China fell to 1,273 yuan per ton due to weak steel demand.
Slump demand for steel in China, due to bad weather and trade barriers, has driven down the prices of coking coal and other steelmaking raw materials.
Coking coal prices fell to 1,273 CNY/tonne due to weakening steel demand in China.
Coking coal prices in China fell 1.16% on May 27th as concerns about weakening steel demand outweighed risks of supply disruptions from a mining accident.
Steel imports in the first four months of 2026 reached $3.61 billion, with a surge in the Indian market.
Vietnam imported 5.04 million tons of steel in the first four months of 2026, with a slight increase of 0.15%. Notably, China's market share shrank while supply from India increased to a record high.
Iron ore prices fluctuated in opposite directions on May 20th, with the market anticipating a recovery in hot pig iron production.
Iron ore prices on the Dalian Commodity Exchange edged higher to 800 CNY/tonne on expectations of a resumption of blast furnace production in China, while prices in Singapore recorded their fifth consecutive day of declines.
Steel prices today, May 20th: Domestic market stable, world iron ore prices fall to a two-week low.
While domestic construction steel prices remained stable, world iron ore prices fell sharply to $107.7 per ton due to the impact of China's capacity-restricting policies.
Steel prices today, May 19th: Domestic market stable, global iron ore prices fall across the board.
Domestic steel prices remained stable at 14,700-15,430 VND/kg, while global iron ore prices fell across the board due to weakening demand in China.
Steel prices today, May 15th: Hoa Phat maintains price at 15,430 VND/kg, world iron ore prices cool down.
May 15, 2026 18:02
Domestic construction steel prices remained stable at major enterprises on May 15th. Meanwhile, world iron ore prices fell due to weakening demand in China and a sharp increase in supply.
China's production capacity for Type 19 armored vehicles is approximately 100 units per month.
April 24, 2026 09:33
Norinco Group is ramping up production of Type 19 armored vehicles, with an estimated capacity of 100 vehicles per month, contributing to the rapid modernization of China's infantry forces.
Iron ore prices remained stable at $106.75 per ton on April 22nd due to strong stockpiling demand.
April 22, 2026 15:29
The international iron ore market saw slight fluctuations during the morning session on April 22nd. Increased demand for raw materials ahead of the holiday in China helped maintain stable prices despite supply constraints...
China's steel output in March 2026 fell 6.3% to 87.04 million tons.
April 17, 2026 15:59
China's crude steel output fell to its lowest level in March since 2020 due to low profit margins and weakened exports caused by conflict in the Middle East.
Iron ore prices surged to $114.79 per ton thanks to better-than-expected Chinese GDP growth.
April 16, 2026 15:29
On April 16, 2026, iron ore futures prices in Dalian and Singapore both rose, driven by positive economic growth data and production cuts...
Iron ore prices fell to 807.5 CNY/tonne following recent moves from China.
March 20, 2026 18:03
Iron ore futures in Dalian fell 0.55% as supply pressures eased due to port policy adjustments, while steel demand is projected to decline in 2026.
Iron ore prices rose to 811.5 CNY/tonne amid supply constraints from BHP Group.
March 16, 2026 13:30
Iron ore prices recorded an impressive weekly gain after China expanded its ban on raw materials from BHP Group, while expectations of a recovery in domestic steel production demand remained high.
Iron ore prices have risen again, while the domestic construction steel market remains stable.
March 14, 2026 11:03
Global iron ore prices rose due to expectations of a recovery in pig iron production in China. In Vietnam, construction steel prices remained stable at 12,520 - 13,950 VND/kg.
Steel and iron ore prices rose slightly on March 13th, while domestic steel prices remained stable at 12,520 VND/kg.
March 14, 2026 07:59
Global iron ore prices recovered on expectations of a rebound in pig iron production in China following the National People's Congress session. Meanwhile, Vietnamese construction steel prices remained stable.
Iron ore prices rose to $115.68 per ton on March 12th as mills in Hebei province resumed operations.
March 13, 2026 05:30
Iron ore futures prices rose more than 1% on expectations of a recovery in hot pig iron production in China following safety inspections, although gains were limited by a drop in automotive sales.
Steel prices today, March 3rd: Iron ore prices reverse course amid pressure from transportation costs.
March 3, 2026 09:56
Global iron ore prices reversed course and rose sharply due to escalating transportation costs, while domestic construction steel prices remained stable on March 3rd.
Iron ore prices fell to 745.5 yuan/tonne on February 27 due to weakening demand.
March 1, 2026 10:32
The global iron ore market saw a slight decline on February 27th as investors worried about China's plans to cut steel production to protect the environment.
Steel prices today, January 28th: Downward pressure from the Chinese market, domestic prices remain stable.
January 28, 2026 07:38
Global steel and iron ore prices fell across the board on January 27th due to concerns about weakening demand in China. In the Vietnamese market, construction steel prices remained stable.
Steel prices today, January 25th: Iron ore prices end their downward trend, domestic prices remain stable.
January 25, 2026 10:50
The global iron ore market recovered after six consecutive days of decline, while domestic construction steel prices remained stable at 14,010 VND/kg ahead of the Lunar New Year holiday.
Steel prices today, January 22nd: International iron ore prices plummet, domestic steel prices remain at 14,000 VND/kg.
January 22, 2026 07:54
Iron ore and rebar futures prices in China fell across the board due to concerns about production safety, while the Vietnamese construction steel market remained stable.
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