By April 14, Mysteel SEADEX 62% Australian Fines had dropped to a three-month low of $118.55/dmt CFR Qingdao, down by $1.05/dmt on week. Similarly, Mysteel PORTDEX 62% Australian Fines in Qingdao had slid to Yuan 895/wmt ($130.3/wmt) FOT and including the 13% VAT on April 14, an on-week decline of Yuan 19/wmt.
After the 11th National Day holiday, driven by stronger than expected demand, cold rolling inventory remained at a lower level,…
Steel prices have experienced significant fluctuations in recent months, driven by a range of complex factors. As industries grapple with…
Steel prices have been fluctuating significantly in recent months, reflecting a complex interplay of global economic conditions, supply chain challenges,…
