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Inventory pressure is gradually emerging, steel market is not confident enough to wait for demand to exert force
Inventory pressure is gradually emerging, steel market is not confident enough to wait for demand to exert force Although the market temporarily stopped the impact of the market decline caused by the negative impact of US CPI data and interest rate hikes, black futures rebounded slightly overnigh...Read more -
Don’t panic too much, the U.S. interest rate hike will have limited impact on steel prices
Don’t panic too much, the U.S. interest rate hike will have limited impact on steel prices The actual steel market evolution rhythm path is very clear, it is still the adjustment relationship between supply and demand under the environment of external anti-inflation and internal stabilizati...Read more -
On the first day after the holiday, can steel prices usher in a “good start”?
On the first day after the holiday, can steel prices usher in a “good start”? The current steel market is in a tight balance between supply and demand, and steel prices are likely to continue to fluctuate upwards due to increased demand. In August, the year-on-year increase in CPI dec...Read more -
Can the profitability of steel enterprises continue to improve?
Can the profitability of steel enterprises continue to improve? From the perspective of the foreign environment, the global economy is still facing the risk of severe inflation and economic recession. In September, Europe and the United States and other countries and regions are expected to raise...Read more -
The rebound is blocked, pay attention to the impact of the improvement of the economic data in August on the steel price
The rebound is blocked, pay attention to the impact of the improvement of the economic data in August on the steel price Affected by the rising and falling of the overnight disk and the weakening of the market, the market performance was average on Wednesday, with the overall price weakening and ...Read more -
How far can the price increase in the steel market?
How far can the price increase in the steel market? On the 5th, the overall steel city rose steadily, but the range was limited. From the perspective of varieties, the medium thick board and cold rolling varieties are mainly stable, and the seamless pipes continue to decline. (To learn more about...Read more -
The rebound of the steel market is short-lived, and the short-term market is weak
The rebound of the steel market is short-lived, and the short-term market is weak Steel prices changed from strong to weak on Thursday, reflecting that the market rebound pressure is still not small. However, some spot markets have achieved a rise of 10-20 yuan, such as Beijing, Jinan, Shanghai, ...Read more -
Black Steel futures continued to plummet, spot steel prices fell accelerated
Black Steel futures continued to plummet, spot steel prices fell accelerated By Tuesday, the black metal continued to usher in the “dark day”. From raw materials to finished products, it was spared, and even the local market thread and thermal steel roll appeared again afternoon. The ...Read more -
It’s confirmed, this week’s steel prices go like this!
It’s confirmed, this week’s steel prices go like this! Consistent with the previous forecast, on August 27th, the steel price in the spot market was stable and slightly lowered. Steel prices fluctuated upwards last week. The recent property market bailout policy is still being explore...Read more -
Steel prices rebounded for 3 consecutive days! How much space is there above?
Steel prices rebounded for 3 consecutive days! How much space is there above? The ferrous metals have continuously launched a rebound offensive, and the rebar and steel coil have successfully achieved a slight rise for 3 days, driving the spot price to continue to rise. Today’s rising momen...Read more -
The dollar is soaring, crude oil is rebounding, and ferrous metals are falling and rising. What rhythm will the steel market play?
The dollar is soaring, crude oil is rebounding, and ferrous metals are falling and rising. What rhythm will the steel market play? With the overnight rebound of US crude oil and the late rise of ferrous metals in the inner session, ferrous metals chased after the trend in early trading on the 23r...Read more -
Forecast: Insufficient demand release, steel market shock adjustment
Forecast: Insufficient demand release, steel market shock adjustment The market prices of major steel varieties fluctuated and fell. Compared with last week, the rising varieties were greatly reduced, the flat varieties were slightly reduced, and the declining varieties were significantly increas...Read more
