-
Futures steel suddenly fell! The promised rise will fall through?
Futures steel suddenly fell! The promised rise will fall through? Today, the spot steel prices in the steel market stabilized, and futures steel futures dropped slightly. On the one hand, compared with yesterday, futures steel did not hit a new high; on the other hand, the pace of spot follow-up ...Read more -
Steel prices start to fall again? Short pullback or continued decline?
Steel prices start to fall again? Short pullback or continued decline? Driven by the implementation of the macro policies of the Ministry of Finance and the central bank, local governments have accelerated bond issuance. In August, the issuance of local government bonds ushered in the peak of the...Read more -
Positive policies, the steel market rebounded again
Positive policies, the steel market rebounded again At present, our country’s economic prosperity remains stable on the whole. With the further efforts to stabilize the economy and expand domestic demand and the return of the economy to normal operation after the high temperature and rainy ...Read more -
Why is the steel market lacking in confidence? Limited downside?
Why is the steel market lacking in confidence? Limited downside? Today, the spot prices in the steel market are mixed, and futures steel prices continue to decline slightly. In terms of varieties, hot-rolled, medium plate, and cold-rolled plates are mostly stable, and a few markets have fallen by...Read more -
The market turnover is lower than expected, and the domestic steel market may decline
The market turnover is lower than expected, and the domestic steel market may decline The market prices of major steel products fluctuated and went up. Compared with last week, the prices of rising products increased slightly, the prices of flat products increased slightly, and the falling produc...Read more -
Big diving in the late game! Steel enterprises stop production! Steel prices fell again?
Big diving in the late game! Steel enterprises stop production! Steel prices fell again? Internationally, the Federal Reserve’s interest rate hike has slowed down, commodity prices have risen, iron ore has remained high, and accidents have occurred in coal mines, coal mines have stopped productio...Read more -
Iron ore, coking coal and coke soared to drive steel to pick up!
Iron ore, coking coal and coke soared to drive steel to pick up! Today, the spot spot in the steel market is mainly stable, and futures steel prices rose slightly. The overall trend is that the raw materials are strong and the finished products are weak, and the rise of raw materials drives the p...Read more -
The domestic steel market fluctuates and rises as the peak season hits interest rate cuts
The domestic steel market fluctuates and rises as the peak season hits interest rate cuts In the 33rd 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: The market prices of m...Read more -
Weak reality and strong expectations hinder the confidence of the steel market. When will the market get better?
Weak reality and strong expectations hinder the confidence of the steel market. When will the market get better? Today’s market changes have increased the difficulty of operation. On the one hand, the market has rebounded during the decline, and on the other hand, the market has swayed back...Read more -
Sudden “rate cut”! Futures steel rebounded in a straight line! Steel prices start to rise?
Sudden “rate cut”! Futures steel rebounded in a straight line! Steel prices start to rise? After two months, the central bank suddenly adjusted the policy interest rate, but the pressure on the spot supply of steel products was too great, and the demand was sluggish. The business sent...Read more -
Weak demand leads to rising costs, and the shock of the steel market weakens in the off-season
Weak demand leads to rising costs, and the shock of the steel market weakens in the off-season The prices of major steel products fluctuated and fell. Compared with last week, the rising products decreased slightly, the flat products remained stable, and the falling products increased slightly. T...Read more -
The rebound of ferrous metal futures failed, and there are still downside risks in the short term
The rebound of ferrous metal futures failed, and there are still downside risks in the short term The steel market continued to decline slightly today. At present, the enthusiasm for “production reduction” has declined, and the market has lost patience with the implementation of the p...Read more
