Industry News
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The key point of the steel market may fluctuate repeatedly
With the end of the Winter Olympics and the fermentation of the logic of resumption of work and production after the 15th day of the first lunar month, market confidence has been boosted again. Among them, the double coke led the rise and hit a new high in 4 months. Iron ore futures gained suppor...Read more -
Domestic profile prices continue to run weakly
The market has a strong wait-and-see mood, and the overall market turnover is weak. Futures remained low and fluctuated in the green, and traders were pessimistic. It is reported that the current billet-adjusting and rolling mill in Tangshan has been notified that the production limit will be pos...Read more -
The policy is immediately obvious, the steel market tumbles
On Friday, the National Development and Reform Commission and the State Administration of Market Supervision said that they will take further effective measures to effectively maintain the normal order of the iron ore and other bulk commodity markets. In response to the recent changes in iron ore...Read more -
Domestic metallic coated steel’s price starts to fell slightly
The policy is immediately obvious, the steel market tumble. Since the state increased its policy control efforts at the end of last week, the black line began to gap down in the night trading. The spot market price has weakened with the market. Although the number of merchants returning to the ma...Read more -
Metallic coated steel coil prices are expected to rise slightly
The market opened after the holiday, the main contract of futures volume opened higher in the morning, and the intraday volatility became stronger. The spot market in various places started one after another, which was affected by the main force of the futures volume. In addition, the central ban...Read more -
After the festival, the steel market welcomes a good start
Today is the first trading day after the Spring Festival holiday, and the steel market is off to a good start. The price of the futures market gapped higher and opened higher, and the overall performance showed a volatile upward trend. Spot market prices have followed up and compensatory increase...Read more -
Before the Spring Festival, the steel market will continue to rise or be safe
From a fundamental point of view, the inventory of construction steel in key cities across the country has rebounded this week. Among them, East China and Northeast China have a larger increase, with an increase of 169,000 tons and 103,200 tons respectively on a week-on-week basis; individual reg...Read more -
What is the trend of the spot market price of profiles and building materials?
On January 19, the price of profiles in the domestic profile market mainly rose, and the overall market transaction was average. The mainstream prices of profiles in various domestic markets mainly rose, with an increase of about 10 yuan/ton, and futures steel prices rose. According to the feedba...Read more -
Black futures continue to rise sharply, variety differences increase
At the opening of the market on Jan, 19th, the domestic black system opened higher and moved higher, the night session gapped and opened higher, and the daily session was basically in a high level and sideways state. Spot market prices have risen slightly. There are a small number of terminals an...Read more -
Forecast: steel market fluctuates and maintains stability
Forecast: At the beginning of the year, the supply is stable and the demand is weak, and the steel market fluctuates and maintains stability At present, the domestic steel market has entered the traditional “winter storage” market, and the actual downstream demand is constantly weaken...Read more -
Will crude steel production recover in 2022?
In 2021, under the linkage constraints of a number of policies and measures, such as reducing steel output, dual control of energy consumption, peak-staggered production of Beijing-Tianjin-Hebei steel, and production restrictions in autumn and winter, the crude steel reduction task goal was final...Read more -
The effect of multiple favorable resonances on pipes
Welded pipes: Today, the ex-factory quotations of domestic mainstream pipe factories are generally stable. In the afternoon, driven by the rise in futures, the overall trading atmosphere has improved, and some pipe factories have risen slightly. (If you want to know more about the impact of the p...Read more
