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West China to be Important Mineral Resource Base, SMM Says

Activity in the mining market slackened in 2016. As of December 2016, the number of valid mineral exploration licenses was 26,904, a drop of 9.3% year-on-year, according to statistics of the Ministry

Note: The output data are not available as the National Bureau of Standards (NBS) has stopped releasing such data since March 2016.

  • Major Regions Slab Price (Weekly)
Products Prices Average Change Unit Date Trend
Jiang Su(Square, VAT Included) 2340 2340 100 RMB/mt 3-month old
Zi Bo(Square, VAT Included) 2390 2390 70 RMB/mt 3-month old
Tang Shan(Square, VAT Included) 2320 2320 60 RMB/mt 3-month old
Tian Jing(Square, VAT Included) 2400 2400 60 RMB/mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Jiang Su(Square, VAT Included) 2340 2340 100 RMB/mt 3-month old
Zi Bo(Square, VAT Included) 2390 2390 70 RMB/mt 3-month old
Tang Shan(Square, VAT Included) 2320 2320 60 RMB/mt 3-month old
Tian Jing(Square, VAT Included) 2400 2400 60 RMB/mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Jiang Su(Square, VAT Included) 2340 2340 100 RMB/mt 3-month old
Zi Bo(Square, VAT Included) 2390 2390 70 RMB/mt 3-month old
Tang Shan(Square, VAT Included) 2320 2320 60 RMB/mt 3-month old
Tian Jing(Square, VAT Included) 2400 2400 60 RMB/mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Jiang Su(Square, VAT Included) 2340 2340 100 RMB/mt 3-month old
Zi Bo(Square, VAT Included) 2390 2390 70 RMB/mt 3-month old
Tang Shan(Square, VAT Included) 2320 2320 60 RMB/mt 3-month old
Tian Jing(Square, VAT Included) 2400 2400 60 RMB/mt 3-month old

View all >>

Products Prices Average Change Unit Date Trend
Jiang Su(Square, VAT Included) 2340 2340 100 RMB/mt 3-month old
Zi Bo(Square, VAT Included) 2390 2390 70 RMB/mt 3-month old
Tang Shan(Square, VAT Included) 2320 2320 60 RMB/mt 3-month old
Tian Jing(Square, VAT Included) 2400 2400 60 RMB/mt 3-month old

View all >>

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The Steel-PMI was 55.26 in September, up 0.75 MoM and 4.01 YoY. On a seasonally adjusted basis, the Steel-PMI came in at 51.13, down 3.18 MoM, but up 3.87 YoY.

Production and life, including steel production, along many parts of the Yangtze River has been affected by torrential rains since June 30.

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China Steel PMI Monthly - Sep 2016

The Steel-PMI was 55.26 in September, up 0.75 MoM and 4.01 YoY. On a seasonally adjusted basis, the Steel-PMI came in at 51.13, down 3.18 MoM, but up 3.87 YoY.

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CNY Base Rate

100 units of foreign currencies in CNY

Name Buying Rate Selling Rate Middle Rate
USD 686.01 688.75 686.93
HKD 88.4 88.74 88.55
100JPY 597.13 601.33 598.05
EUR 731.61 736.75 732.3
GBP 846.7 852.65 848.25
Date: 2017-01-20

Source: spot exchange rate at UTC 10:55 am every day on the website of Bank of China