Industry News
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Rise! Steel prices still have room to rise
Rise! Steel prices still have room to rise Today’s steel market generally rose slightly, and the number of rising markets increased compared with the previous day. Generally speaking, the transaction in the steel market has improved to a certain extent. Whether it is intermediate transactio...Read more -
Economic data for April released! Phase steel diving! Steel prices continue to bottom out?
Economic data for April released! Phase steel diving! Steel prices continue to bottom out? The spot price of the steel market is chaotic today. On the whole, the stable market occupies the mainstream, and a few markets actively make up for the increase, driving the overall average price to move u...Read more -
The multi-party game of supply and demand, the weak steel market is bottoming out
The multi-party game of supply and demand, the weak steel market is bottoming out At present, the global market demand is weakening, the inflation rate remains high, and the banking industry in Europe and the United States is in turmoil, injecting greater uncertainty into the world economic situa...Read more -
Which side is the steel price scale tilting towards?
Which side is the steel price scale tilting towards? Today’s steel market weakened, and steel prices fell slightly. However, the overall transaction is still biased, merchants report that there is no demand, and the market sentiment is weak. Steel prices continue to fluctuate today, failing...Read more -
Negative cost feedback game transactions are improving, and the steel market may start to stabilize and rebound
Negative cost feedback game transactions are improving, and the steel market may start to stabilize and rebound In the 18th week of 2023, the price changes of steel raw materials and steel products in some regions in China, including 17 categories and 43 specifications (variety), are as follows: ...Read more -
Billets rise and futures fall! Who does the market listen to?
Billets rise and futures fall! Who does the market listen to? Today’s steel price decline slowed down, some markets stabilized, some markets continued to fall slightly, but a few markets rebounded slightly. The overall transaction is mediocre, the willingness to stock up before the festival...Read more -
There is panic in the steel market, will the sharp drop continue?
There is panic in the steel market, will the sharp drop continue? Today, the steel market has made up for the decline, and the decline has increased. In terms of varieties, thread, hot coil and other varieties generally fell by 30-70 yuan, and strips, profiles, cold-rolled coatings and other vari...Read more -
Nissan of crude steel exceeds 3.08 million tons! Can supply and demand contradictions and amplify the steel market still rebound?
Nissan of crude steel exceeds 3.08 million tons! Can supply and demand contradictions and amplify the steel market still rebound? Today’s steel prices are mainly rebounded slightly, and the spot performance is not as good as futures. In terms of varieties, there are many varieties such as t...Read more -
The sound reduction of supply reduces the sound of the wind, and there is still a chance to rebound in the steel market
The sound reduction of supply reduces the sound of the wind, and there is still a chance to rebound in the steel market At present, due to a series of factors such as high inflation, tightening monetary policy, and tight geopolitical situations, the global economy still faces a large risk of down...Read more -
The steel price rebounded at a low level, can you copy the bottom?
The steel price rebounded at a low level, can you copy the bottom? Today, the overall decline of steel prices has fallen slightly, and a few markets have rebounded in the afternoon. In terms of varieties, building materials products are weaker than sheets. The overall transaction of the market is...Read more -
The supply demand game is obvious, and the steel market is expected to shock and rebound
The supply demand game is obvious, and the steel market is expected to shock and rebound At present, the international external environment is still complicated, the global economy is entering the slow period of growth, the PMI of the European and American manufacturing industry continues to be w...Read more -
A new round of production reduction is coming? Can the market improve?
A new round of production reduction is coming? Can the market improve? Today, the price of steel prices is mainly declined, and the price of various varieties will continue to move down. From the perspective of varieties, most steel species have declined by 20-40 yuan, and a few markets have fall...Read more
