Industrial silicon prices in east China fell today.
Social inventory of zinc ingots in seven places increased by 10,600 mt [SMM data]
According to SMM research, as of this Monday (March 18), the total zinc ingot inventory in seven places was 198,500 mt, an increase of 12,400 mt from March 11, and an increase of 10,600 mt from March 14.
Today, the average price of SMM1# lead is 16,100 yuan/mt, and the price of SMM secondary refined lead fell by 30-50 yuan/mt.
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.