Industry News
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Unfavorable start to Monday, a slight decline in steel prices does not mean a turnaround
Unfavorable start to Monday, a slight decline in steel prices does not mean a turnaround The steel market is generally weaker today. Threads and hot coils fell slightly in many places, profiles, medium plates and other varieties fell slightly, while cold-rolled, coating and other varieties were t...Read more -
Futures steel fell and rose again, how strong is this wave of market expectations?
Futures steel fell and rose again, how strong is this wave of market expectations? In the near future, the market has actually recovered to a certain extent, but the current trading atmosphere is relatively light, which seems a bit deserted as a whole. As for the idea of winter storage, most merc...Read more -
Spot rebound in steel market is weak, can the production reduction of steel mills promote the market up?
Spot rebound in steel market is weak, can production reduction of steel mills promote the market up? Today’s market is stable and rising, but the momentum is weaker than yesterday. On the whole, the spot market is weaker than the futures market, and the market sentiment is not high. Most of...Read more -
The demand for raw materials is re-game, and the steel market is difficult to change the weak situation
The demand for raw materials is re-game, and the steel market is difficult to change the weak situation The market prices of major steel products fluctuated and fell. Compared with last week, the rising varieties increased significantly, the flat varieties increased, and the declining varieties d...Read more -
The futures steel fell sharply again, and the steel price is going to cool again?
The futures steel fell sharply again, and the steel price is going to cool again? Yesterday, the steel spot market was generally stable, and some markets weakened in the afternoon. (To learn more about the impact of specific steel products, such as Aluminized Steel Sheet, you can feel free to con...Read more -
Futures steel rose across the board! Steel prices can’t sit still?
Futures steel rose across the board! Steel prices can’t sit still? 1. The Ministry of Industry and Information Technology and other four departments issued the implementation plan for carbon peaking in the building materials industry At present, environmental protection problems are still s...Read more -
Low price demand is clearly released, and the steel market or the current disadvantaged rebound
Low price demand is clearly released, and the steel market or the current disadvantaged rebound At present, because the inflation pressure of countries around the world is still large, there are 75 basis points in the Fed and the British Bank of the United Kingdom. Later, the UAE and the Saudi Ce...Read more -
Has the US interest rate hikes have passed? Steel factory reduction is real?
Has the US interest rate hikes have passed? Steel factory reduction is real? From the current point of view, the short -term market has entered the rhythm of a small rebound after overtaking. How strong is the intensity depends on the internal and external market environment. The peripheral Feder...Read more -
Steel prices fell below the lowest point of the year, and the downward trend has not changed
Steel prices fell below the lowest point of the year, and the downward trend has not changed In October, steel prices continued to fall, and the decline at the end of the month continued to accelerate. In the last two trading days, the price of rebar futures plunged sharply, and the spot price of...Read more -
External shocks strike again, the steel market is weak and fluctuates down
External shocks strike again, the steel market is weak and fluctuates down Compared with last week, the market prices of major steel products fluctuated and fell. Compared with last week, the rising varieties decreased, the flat varieties decreased, and the declining varieties increased significa...Read more -
The Federal Reserve’s interest rate hike is approaching, and the steel market continues to operate
The Federal Reserve’s interest rate hike is approaching, and the steel market continues to operate In November, a new round of interest rate hikes will be ushered in. This is the sixth rate hike in the year, and the market’s attention is extremely high. Under the influence of inflatio...Read more -
Macro data performance is average, steel output rises, and steel prices continue to be under pressure
Macro data performance is average, steel output rises, and steel prices continue to be under pressure Today, the price of the domestic steel market is mainly stable, and the local area weakens slightly. Today, the market is high and low. In the early days, the snails are affected by the favorable...Read more
