Australia, China and India | Coking coal balances supply risks against cautious demand

Premium hard coking coal held at $267 per wet tonne FOB Australia on October 23.A 75,000-tonne Goonyella cargo had traded...

Australia | BHP raises iron ore output despite lower realized prices

BHP produced 66.50 million tonnes of iron ore in July–September, up 4% year on year.Western Australia Iron Ore achieved record...

China — Fastmarkets changes portside and low-grade iron ore benchmarks

Fastmarkets launched daily 61% Fe fines indices based on Caofeidian on October 19.The new northern-China assessments cover transactions at Caofeidian...

China | Iron ore rebounds slightly as mid-grade discounts narrow

Seaborne iron ore recovered on October 23 after three consecutive daily declines.The 61% Fe fines index reached $90.35 per dry...

China | Pinglu Canal improves bulk-commodity access to the sea

The newly opened Pinglu Canal offers southwestern China a shorter route to international shipping markets.The 134.2-kilometre waterway links the Xijiang...

China | Billet and slab exports retreat from earlier highs

Chinese billet exports fell 9% month on month to 1.31 million tonnes in September.Lower prices in destination markets reduced export...

China | Electrical steel follows mixed demand signals

Non-grain-oriented electrical steel faced cautious buying and limited seasonal demand improvement.Eastern Chinese NGOES was assessed at $623–658 per tonne on...

China | Stainless steel declines despite a nickel-led rebound

Chinese stainless steel recovered some losses during the week but remained below the previous assessment.Grade 304 cold-rolled coil stood at...

China | HRC remains fragile while plate exports hold steady

Eastern Chinese HRC edged up to CNY 3,230–3,250 per tonne on October 23.The improvement reflected shortages of certain specifications rather...