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Chinese Steel Prices Show Signs of Stabilization Amid Production Cuts

Chinese Steel Prices Show Signs of Stabilization Amid Production Cuts

Steel rebar futures in Shanghai found support around 3,065 Yuan per ton this week. The market is attempting to balance the seasonal slowdown in construction activity against aggressive supply-side management by major domestic mills.

Steel Prices Stabilize as Chinese Industrial Production Shows Resilience

Steel Prices Stabilize as Chinese Industrial Production Shows Resilience

Steel prices in the Asian benchmark market have seen a moderate recovery, stabilizing after a period of volatility. Recent data showing a year-over-year increase in Chinese industrial production has provided much-needed support to the iron ore and steel complex, offsetting earlier concerns about the property sector.

Steel Prices Edge Higher as Chinese Mills Announce Production Cuts

Steel Prices Edge Higher as Chinese Mills Announce Production Cuts

Steel markets are showing signs of stabilization near ¥3,052/ton after mills implemented significant production cuts. This self-correction mechanism is attempting to balance the market against persistently weak demand from the property and construction sectors.

Steel Prices Fluctuate as Chinese Production Cuts Begin to Balance Weak Demand

Steel Prices Fluctuate as Chinese Production Cuts Begin to Balance Weak Demand

Steel markets are showing mixed signals, with rebar prices stabilizing near ¥3,046/ton. While demand from the critical Chinese property sector remains subdued, news of voluntary production cuts by high-cost steel mills is beginning to offer tentative price support.

Steel Prices Resume Decline as Mexico Imposes New Tariffs on Imports

Steel Prices Resume Decline as Mexico Imposes New Tariffs on Imports

Global steel markets are facing renewed pressure as Mexico announces steep tariffs on steel imports from countries without trade agreements. This protectionist move, combined with weak demand data from China, has pushed prices lower.

Steel Industry Panel Pushes for Import Substitution of High-Value Products

Steel Industry Panel Pushes for Import Substitution of High-Value Products

Top steelmakers and parliamentary panels are collaborating to reduce reliance on imported high-value steel. The initiative focuses on domestic manufacturing of specialized grades used in EVs and power transmission.

Steel Futures Slump on Continued Chinese Property Sector Woes

Steel Futures Slump on Continued Chinese Property Sector Woes

The steel market, particularly the rebar benchmark in China, is facing sustained pressure. Prices are being pushed down by a lack of significant stimulus to the property sector, coupled with high raw material costs that are crushing mill profitability.