1. According to Mysteel, global iron ore shipments totaled 33.004 million tons from July 13th to July 19th, 2026, an increase of 4.103 million tons compared to the previous period. 2. According to Mysteel, major steel mills in Tangshan plan to lower

2026-07-21

1. According to Mysteel, global iron ore shipments totaled 33.004 million tons from July 13th to July 19th, 2026, an increase of 4.103 million tons compared to the previous period. 2. According to Mysteel, major steel mills in Tangshan plan to lower prices by 50 yuan/ton for wet-quenched coke and 55 yuan/ton for dry-quenched coke. 3. The National Grain and Oil Information Center predicts that soybean imports in July will exceed 10 million tons, with crushing volume around 10 million tons, a slight increase compared to the previous month and a slight decrease year-on-year. 4. The Indian Sugar and Bioenergy Manufacturers Association (ISMA) and the National Federation of Cooperative Sugar Mills (NFCSF) issued a joint statement stating that India's domestic sugar supply is sufficient, and existing inventories are enough to steadily meet domestic consumption demand. 5. The Malaysian Meteorological Department stated that with the strengthening of El Niño, Malaysia is expected to experience record-breaking high temperatures next year. 6. Indonesian President Prabowo Subianto announced the success of the country's B50 palm oil-based biodiesel policy, and Indonesia will completely cease diesel imports starting in July 2026. 7. The U.S. Department of Agriculture (USDA) weekly crop progress report showed that as of the week ending July 19, 2026, the U.S. soybean condition was rated 66% good to excellent, higher than the market expectation of 64%. 8. According to Longzhong Information, as of July 20, 2026, the total inventory of soda ash produced by domestic manufacturers this week was 1.7723 million tons, an increase of 17,900 tons from the previous Thursday. 9. Australian mining giant South32 reported on Monday that its fourth-quarter copper production declined, failing to meet market expectations, due to continued disruptions from adverse weather at its Sierra Gorda project in Chile. 10. The International Aluminium Institute (IAI) projected global primary aluminum production of 5.98 million tons in June 2026, compared to 6.069 million tons in the same period last year. China's primary aluminum production in June is projected to be 3.712 million tons, compared to a revised figure of 3.835 million tons for the previous month. 11. Data from the U.S. Department of Agriculture shows that for the week ending July 16, 2026, U.S. soybean export inspections totaled 296,972 tons, and U.S. corn export inspections totaled 1,549,849 tons.