Latest Update in the China Finished Steel Market

DCE iron ore futures declined by 0.32% today, the main contract closed 769. The traders' willingness to ship is more.The steel mills are purchase on demand. The overall trading sentiment of the market is general.

DCE iron ore futures rose by 2.26% today, the main contract closed 770.5. The traders' willingness to ship is less .The steel mills are wait and see.

DCE iron ore futures rose by 2.37% today, the main contract closed 755.5. The traders' willingness to ship is general .

SHANGHAI, Nov 28 (SMM) -SMM statistics showed that the global iron ore shipments totalled 32.07 million mt in the week ending November 27, an increase of 3.5% week-on-week.

DCE iron ore futures rose by 3.27% today, the main contract closed 758. The traders' willingness to ship is less .

DCE iron ore futures rose by 1.31% today, the main contract closed 732. The traders' willingness to ship is less .The steel mills are purchase on demand.

The total inventory of rebar across social warehouses and steel makers in China stood at 5.02 million mt as of Thursday November 24, down 69,600 mt or 1.4% from a week ago, and down 31.0% from the same period last year.

The total inventory of HRC across social warehouses and steel makers in China stood at 2.54 million mt as of November 24, down 157,100 mt or 5.81% from a week ago, a decrease of 19.64% on the year.