However, the downstream side was still in the off-season, with low willingness to compromise and there was a strong sense of game between the two sides.

China produced 536 million tonnes of crude steel in the first six months of this year, up by 1.3% from a year earlier.

China produced 536 million tonnes of crude steel in the first six months of this year, up by 1.3% from a year earlier.

China produced 536 million tonnes of crude steel in the first six months of this year, up by 1.3% from a year earlier.

With the setting of the steel tender in August, the downstream inquiry has become significantly active, market sentiment has been boosted, and the mentality of price-increasing was relatively strong.

Ferro-alloys.com

This week, Inner Mongolia and Ningxia successively released progresses on energy consumption control.

Manufacturers were not very optimistic about off-season demand and had a strong cautious wait-and-see attitude.