Several people were injured after a reported explosion at a US Steel plant in Clairton, Pennsylvania, on Monday https://t.co/In36yR1GiP https://t.co/f85yLQhadQ ...

Multiple injuries have been reported after an explosion at a U.S. Steel plant in Pennsylvania, authorities said Monday https://t.co/Z3kchtZT2J ...

Several people have been injured after a reported explosion at US Steel's Clairton Coke Works plant in Pennsylvania on Monday, according to multiple news reports https://t.co/aGlYq2MAM8 ...

Emergency crews are working to rescue workers trapped under rubble after an explosion at a US Steel coking plant near Pittsburghhttps://t.co/sfgPatv1mY ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...

Iron ore gained after a Chinese consultancy said several steel mills had been told by authorities they will need to temporarily halt production later this month due to air-pollution concerns https://t.co/AiLH8sAvPe ...

August 7, 2025 11:46 AM GMT Greater China Materials | Asia Pacific China Steel and Iron Ore Weekly Update Key Takeaways | M China Steel and Iron Ore Weekly Update | Rachel.Zhang@morganstanley.com Hannah.Yang1@morganstanley.com | +852 2239-1520 +852 2239-7079 | | --- | --- | --- | | | | Update | | August 7, 2025 11:46 AM GMT | | | | Greater China Materials Asia Pacific | Morgan Stanley Asia Limited+ | | | | Rachel L Zhang | | | | Equity Analyst | | | | Hannah Yang, CFA | | | | Equity Analyst | | | | Chris Ji ...

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the **steel industry** in China, tracking high-frequency demand trends and production data [1] Core Insights - **Production Data**: - Total steel production in China from August 1 to August 7 was **8.7 million tons (mt)**, reflecting a **0.2% week-over-week (WoW)** increase and a **10.9% year-over-year (YoY)** increase. - Breakdown of production: - Rebar: **2.2 mt** (+4.8% WoW, +31.2% YoY) - Hot-Rolled Coil (HRC): **3.1 mt** (-2.4% WoW, +3.7% YoY) - Cold-Rolled Coil (CRC): **0.9 mt** (-1.3% WoW, +6.1% YoY) [1] - **Year-to-Date Production**: - Total steel production from the beginning of the year was **274 mt**, down **0.8% YoY**. - Year-to-date production breakdown: - Rebar: **68.2 mt** (-3.4% YoY) - HRC: **102.3 mt** (+0.5% YoY) - CRC: **27.7 mt** (+2.2% YoY) [1] - **Inventory Levels**: - As of August 7, China's steel inventory stood at **13.8 mt**, up **1.7% WoW** but down **20.2% YoY**. - Inventory breakdown: - Steel mills: **4.1 mt** (+0.8% WoW, -12.3% YoY) - Traders: **9.6 mt** (+2.1% WoW, -23.1% YoY) - Rebar: **5.6 mt** (-22.7% YoY) - HRC: **3.6 mt** (-18.5% YoY) - CRC: **1.4 mt** (-24.3% YoY) [1] - **Apparent Consumption**: - For the week of August 1 to August 7, apparent consumption was **8.5 mt**, down **0.7% WoW** but up **4.6% YoY**. - Lunar calendar consumption showed a **5.6% YoY** increase. - Breakdown of apparent consumption: - Rebar: **2.1 mt** (+3.6% WoW, +10.5% YoY) - HRC: **3.1 mt** (-4.3% WoW, +2.6% YoY) - CRC: **0.9 mt** (-2.7% WoW, -0.2% YoY) [1] - **Year-to-Date Apparent Consumption**: - Total apparent consumption year-to-date was **271.2 mt**, down **0.4% YoY**. - Breakdown: - Rebar: **66.7 mt** (-3.8% YoY) - HRC: **101.7 mt** (+1.2% YoY) - CRC: **27.8 mt** (+4.0% YoY) [1] Additional Insights - The report indicates a cautious market expectation regarding demand recovery in the steel sector, with a pecking order of demand recovery being aluminum > steel > copper > thermal coal > battery > gold > lithium > cement [1] This summary encapsulates the key data and insights from the conference call regarding the steel industry in China, highlighting production, inventory, and consumption trends.

August 8, 2025 02:05 PM GMT China Materials | Asia Pacific (Continued below.) | M Anti-Involution - How Real Is It? | Rachel.Zhang@morganstanley.com Equity Analyst | Idea +852 2239-1520 | | --- | --- | --- | | August 8, 2025 02:05 PM GMT | | | | China Materials Asia Pacific | Morgan Stanley Asia Limited+ | | | | Rachel L Zhang | | | | Equity Analyst | | | | Hannah Yang, CFA | | | | Equity Analyst | | | | Hannah.Yang1@morganstanley.com | +852 2239-7079 | | We believe China's anti-involution supply-side refor ...

J P M O R G A N Europe Equity Research 07 August 2025 China Steel - Channel checker Production slows sharply - seasonality or first signal of anti-involution policy? Exports at highest on record for month of July Dominic O'Kane AC 10-day China steel output 934Mt annualised, -7% vs previous: Latest China daily crude steel output (10 days to 31 July) is -7% vs previous 10-days and is -4% YoY. This represents the sharpest high-frequency slowdown since Chinese New Year. The annualised run-rate is 934Mt and this ...