Скачать или смотреть 🎬 Mysteel Insights – January 7, 2026

As China's ferrous market fully enters its traditional winter lull, the outlook for steel prices appears to soften as we kick off January. Mysteel's Chief Analyst, Wang Jianhua, indicates that prices are likely to extend their December decline, hampered by weakening domestic and international demand.

The latest PMI data for China's steel sector shows a continued downturn, with significant drops in production and new orders, reflecting a slowdown in business activity. On the global front, the Baltic Dry Index has sharply decreased, suggesting decreased resilience in steel exports. While overall steel inventories may fall this month, the trends will vary across different products.

However, as the Chinese New Year approaches, restocking activities for raw materials could increase costs, offering some support to prices. Join us as we delve into the factors shaping the steel market this January!

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