In January-February, China exported 15.912 million mt of steel, up 32.6% YoY
Data from the General Administration of Customs on March 7 showed that China’s steel exports were up 32.6% YoY at 15.912 million mt, and its average export price was $791.7/mt, down $374.2/mt YoY.
CISA: Key steel mills yielded 20.5798 million mt of crude steel in early March
In the first 10 days of March 2024, key steel mills produced 20.5798 million mt of crude steel, 18.4376 million mt of pig iron and 19.2762 million mt of finished steel.
As of Monday, March 18, SMM copper inventories in mainstream regions across the country increased by 6,300 mt WoW to 395,400 mt, reaching the highest level in the past five years.
CNY break dragged down the operating rates of aluminum rod in February
Due to the CNY holiday in February and the maintenance of production lines by some manufacturers, the supply of aluminum rods declined.
The price of aluminum fluoride rose by 200 yuan/mt in March due to tight supply
In February (February 8 to March 11), the trades in the aluminum fluoride market were moderate.