Export price in China drops on weak buying interest while domestic market tracks trend.

Steel H-beam prices in Northern and Southern Europe moved in different directions this week.

Seaborne iron ore prices pushed up on Wednesday September 4 after looser production restrictions were confirmed for steelmakers in Tangshan.

The uptrend in the iron ore market since 2019 started halted in August.

The export market for hot-rolled and cold-rolled coil from the CIS remained constrained this week

China’s hot-rolled coil exporters lowered their offers on Tuesday September 3 despite domestic prices edging up further.

The global market for direct-reduced (DR) iron pellets was under pressure.

Top 20 positions increased and decreased varied, the purchase volume is more than the holding position.