Industry News
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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 -
Why do limited production “small compositions” continue? Real estate and then thunder caused steel prices to fall?
Why do limited production “small compositions” continue? Real estate and then thunder caused steel prices to fall? Today, the steel market as a whole fell slightly. Although a part of the market is still operating stably, the market feedback is poor, the sentiment is bad, and the over...Read more -
Chinese steel marketplace fluctuated and declined
Chinese steel marketplace fluctuated and declined The market prices of major steel products fluctuated and declined. Compared with last week, the rising varieties decreased significantly, the flat varieties increased, and the falling varieties increased significantly. The effects of various polic...Read more -
Steel prices plunged, why did the steel market turn around overnight?
Steel prices plunged, why did the steel market turn around overnight? Affected by the small non-agricultural data in the United States that exceeded expectations last night, high inflation continued, the probability of further interest rate hikes increased, and overseas risks intensified, which w...Read more -
How to reduce production? How will steel prices go?
How to reduce production? How will steel prices go? Today’s steel market is now dominated by stability, and futures continue to fluctuate. The overall market has a strong wait-and-see mentality, speculative demand has increased but the volume is limited, mainly due to the lack of market con...Read more -
The expansion of domestic demand boosts confidence, and the steel market fluctuates and strengthens in the off-season
The expansion of domestic demand boosts confidence, and the steel market fluctuates and strengthens in the off-season The market prices of major steel products fluctuated and rose. Compared with last week, the rising varieties increased, the flat varieties slightly decreased, and the falling vari...Read more -
How much will the Fed’s interest rate hike affect raw material prices?
How much will the Fed’s interest rate hike affect raw material prices? Due to the influence of many factors, in the future, iron ore and other steel smelting raw materials across the country will face certain upward forces. (To learn more about the impact of specific steel products, such as...Read more -
How do you view the overall rise in ferrous metal?
How do you view the overall rise in ferrous metal? The increase in the steel market increased today, and the spot and futures rose simultaneously. At present, the increase of hot coils in many places has reached 60-100 yuan, the highest increase of threaded coils has reached about 70 yuan, and mo...Read more -
With the introduction of policies and strong guidance, the shock of the steel market is gradually rising
With the introduction of policies and strong guidance, the shock of the steel market is gradually rising The market price fluctuations of major steel products tended to be stronger. Compared with last week, the rising varieties increased significantly, the flat varieties decreased, and the fallin...Read more -
Waiting for the direction, the market is about to get out of the shock
Waiting for the direction, the market is about to get out of the shock Today, the steel market is generally stable and rising. Relatively active varieties such as screw threads and hot coils still rose slightly by 10-30 yuan in some markets, and the average price moved up slightly. However, the t...Read more -
It fell yesterday and rose today! What’s the trend of steel market?
It fell yesterday and rose today! What’s the trend of steel market? Today’s market fluctuates and strengthens, which is completely opposite to yesterday’s decline. Some spot market prices of threads and hot coils rose slightly by 10-30 yuan, and very few markets dropped slightly, and ...Read more
