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  • 2026年5月25日
  • Market: Metals, Steel & Raw Materials

Chinese flat steel prices rose sharply in early May, supported by stronger domestic sentiment, tighter export conditions and heightened geopolitical risks. Annie Wang, senior analyst at Argus Media, discusses how these factors, along with firming semi-finished steel prices, are shaping market dynamics in China and influencing global ferrous trade.

Key topics covered in the podcast

  • Drivers behind the early May increase in Chinese flat steel prices and how market conditions evolved through the quarter
  • Impact of export licence constraints on Chinese flat steel offers and buyer behaviour
  • Role of geopolitical risks in supporting prices through freight, insurance and broader supply concerns
  • Effect of higher slab and semi-finished steel prices on hot-rolled coil pricing, substrate costs and mill margins
  • Market expectations for Chinese flat steel prices, export volumes and domestic demand in the coming months

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