China Shagang’s scrap steel prices rise by 50 yuan; China Ansteel, Bensteel, and Linggang announce February price adjustments.

◎ Shagang, starting from January 13, 2026, Scrap steel Increased by 50 yuan/ton, Post-adjustment freight rates: Heavy Grade 1: 2,440 yuan/ton; Heavy Grade 2: 2,410 yuan/ton; Heavy Grade 3: 2,380 yuan/ton.

◎ Ansteel, Bensteel, and Lingang Release Price Policies for February 2026. Hot rolling 、 Cold rolling 、 Galvanized 、 Rebar The prices of major varieties remain unchanged. Non-oriented Silicon steel And wire products will be raised by 50 yuan/ton. The adjustment will take effect from February 1, 2026.

◎January 5–January 11, China’s 47 ports Iron ore Total inbound volume: 30.15 million tons, Increased by 1.903 million tons compared to the previous month. ; The total volume of cargo arriving at China’s 45 ports reached 29.204 million tons, an increase of 1.640 million tons compared to the previous month. The total volume of cargo arriving at the six northern ports was 14.692 million tons, a decrease of 437,000 tons compared to the previous month.

◎ On the afternoon of January 12, local time, U.S. President Trump posted on social media, stating that... Any country that engages in commercial transactions with Iran will face a 25% tariff on all its commercial dealings with the United States. This order takes effect immediately.

◎ The Foreign Ministry spokesperson announced that, at the invitation of Premier Li Qiang of the State Council, Canadian Prime Minister Kanadi... Will pay an official visit to China from January 14 to 17.

◎ The National Development and Reform Commission and three other departments jointly issued the "Measures for Strengthening the Planning and Guidance of Government Investment Fund Deployment and Investment Directions." The fund is required to support major strategies, key areas, and weak links where the market struggles to allocate resources effectively. Promote the deep integration of technological innovation and industrial innovation, and focus on fostering emerging pillar industries.

◎ The Ministry of Commerce reported that, regarding the progress of consultations on the EU-China electric vehicle case, The European side will release the “Guidance Document on Submitting Price Commitment Applications.” and confirm that we will uphold the principle of non-discrimination and, in accordance with the relevant provisions of WTO rules, apply the same legal standards to each price commitment application and conduct evaluations in an objective and impartial manner.

◎ Iranian Foreign Minister Araqchi said on January 12, local time, that... The government has begun talks with the protesters, and the situation is now completely under control.

◎ On January 12, the nationwide spot trade volume of iron ore at major ports reached 752,400 tons, down 19.7% from the previous month; 237 leading traders were involved. Construction steel 105,800 tons were traded, an increase of 18.5% from the previous month.

◎January 5–January 11, Global Iron ore shipment A total of 31.809 million tons, A decrease of 3.28 million tons compared to the previous month. Total shipments of Australian and Brazilian iron ore reached 26.064 million tons, a decrease of 13.64 million tons from the previous month.

◎ On January 12, the average cost of construction steel from 76 independent electric arc furnace steel mills was 3,368 yuan per ton, up 1 yuan per ton from the previous Friday. The average profit loss was 34 yuan per ton, while the profit from off-peak electricity was 79 yuan per ton.

◎ January 12, Some coking enterprises in Inner Mongolia are... Coke price Increase by 50 yuan/ton.

◎ On January 13, 2026, from 7:00 a.m. to 11:00 a.m., parts of the Fengrun District in Tangshan City, Hebei Province, will experience a power outage to address a line fault. The affected areas include Xiaobali, Leizhuangzi, Dongnamu, and Villages 1, 2, and 3 of Xinamuzhuang. This area Steel market Suspension of loading and unloading operations during power outages.

◎ Panjin Steel pipe Starting from mid-January, the company has been carrying out maintenance operations in stages. Specifically, Factory No. 3 will be undergoing maintenance from mid-January through the end of February; Factory No. 2 will be under maintenance throughout the entire month of February; and Factory No. 1 will be undergoing maintenance from late February through early March. The total maintenance period is 45 days, and the expected impact on production is 300,000 tons.

◎ From 12:00 on January 12, 2026, in Hengshui City, Baoding City, Langfang City, and Cangzhou City, Hebei Province; and from 13:00 on January 12, 2026, in Handan City. Activate the Level II Emergency Response for Severe Air Pollution. Liaocheng City issued an orange alert for severe air pollution at 8 p.m. on January 12 and activated a Level II emergency response at 8 p.m. on January 13.

◎ A relevant official from the Dalian Commodity Exchange pointed out that recently there have been many uncertainties affecting market operations, leading to significant price fluctuations in related commodities. All market participants are requested to strengthen their prevention of market risks. Participate in the market rationally and in compliance, and maintain its stable operation.

◎ The Shanghai Gold Exchange issued a notice stating that, recently, affected by multiple factors, the prices of precious metals have experienced significantly heightened volatility, and uncertainty continues to rise. Investors are advised to take proper precautions against risks, manage their positions reasonably, and invest rationally. 。

◎ The Dalian Commodity Exchange plans to revise the “Dalian Commodity Exchange” Iron ore futures the Contract and the Detailed Rules for Iron Ore Futures Trading on the Dalian Commodity Exchange, Adjust the reference standards for inspection methods in the quality standards for iron ore delivery.

◎ Recently, Hebei, Jiangsu, and Shanxi provinces released their lists of key construction projects for 2026. Among them, 63 projects are related to the steel industry. 。 Details>>  

◎ In December 2025, a total of 472 projects were started across the country. The total investment amounts to approximately 534.1 billion yuan. ; The total cumulative investment in 2025 is approximately 27.52 trillion yuan. Details>>

◎ According to the China Association of Automobile Manufacturers, retail sales of narrow-definition passenger vehicles in China reached 2.261 million units in December 2025. Down 14.0% year-on-year, up 1.6% month-on-month. From January to December, cumulative sales totaled 23.744 million vehicles, representing a year-on-year increase of 3.8%.

21:30 U.S. December Seasonally Adjusted CPI;

23:00 U.S. October New Home Sales, Annualized Total.