Industry News
Iron Ore Information Weekly Report (January 17 - January 23)
From January 17th to January 23rd, overall, imported iron ore prices declined compared to the previous week.
Weekly review of raw material market (January 17th-January 23rd)
Last week, the domestic raw material market fluctuated slightly, and steel companies began to restock some varieties before the Spring Festival.
The supply and demand for coking coal and coke are in a weak balance, with policies providing support for prices.
Throughout 2025, the prices of coking coal and coke experienced significant fluctuations,
Global crude steel production in December 2025 and throughout the year
In December 2025, crude steel production in 70 countries/regions included in the World Steel Association's statistics was 139.6 million tons, a year-on-year decrease of 3.7%.
Raw Materials Market Weekly Overview
Last week, the raw materials market operated with slight fluctuations
Domestic macroeconomic expectations are improving, leading to increased risk of a price correction in iron ore futures.
Iron ore prices are mainly fluctuating at high levels.
Weekly Review of Steel Raw Material Market
Last week, prices for various raw materials generally rose slightly. Iron ore prices fluctuated upwards
The lumber market may experience upward momentum in the near future.
Recently, the cold-rolled and hot-rolled coil markets have been operating steadily, with limited price fluctuations and an overall trend of consolidation.
Raw Materials Market Weekly Overview
Last week, the raw material market fluctuated slightly. Iron ore prices rose volatilely
The steel market may fluctuate and run weakly in January
In January, the domestic steel market may fluctuate and run weakly.