Chinese prices for imported iron ore are expected to face downward pressure in the near term, as the pace of the further uptick in hot metal production and restocking demand for iron ore among domestic steelmakers may slow, given the slight contraction seen in mills' steel margins lately, market sou

The CDU capacity utilization rates of state-owned refineries are projected to keep falling this week (May 10-16) as Dushanzi Petrochemical will commence maintenance. For independent refineries in Shandong, the CDU capacity utilization rates are estimated to fall as well with some refineries having m

Production of hot-rolled coils (HRC) among the 37 Chinese flat steel producers Mysteel regularly monitors rose further to 3.25 million tonnes during May 6-10, higher by another 61,200 tonnes or 1.92% on week, Mysteel's latest weekly production survey shows.