Industry News
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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 -
Strong expectations in the off-season, the steel market may be in a dilemma
Strong expectations in the off-season, the steel market may be in a dilemma The market price fluctuations of major steel products tended to weaken. Compared with last week, the rising varieties slightly decreased, the flat varieties increased slightly, and the falling varieties increased slightly...Read more -
Bluff or comeback? What else is there to watch in the steel market?
Bluff or comeback? What else is there to watch in the steel market? Today, the spot price of the steel market rose steadily, and the futures rebounded slightly. In terms of varieties, a small number of varieties such as threads, hot coils, and medium plates have risen by 10-20 yuan, and the overa...Read more -
Industrial products are rising, Jiaoqiang Steel and weak mines are flat, what is the trend of the steel market?
Industrial products are rising, coking coal and coke are rising, what is the trend of the steel market? Today, the overall steel market fluctuates slightly, and some varieties show mixed ups and downs. Generally speaking, the spot market is weaker than the disk, and the market mentality is cautio...Read more -
Strong supply and weak demand superimpose policy disturbances, and the steel market is gradually under pressure in the off-season shocks
Strong supply and weak demand superimpose policy disturbances, and the steel market is gradually under pressure in the off-season shocks In the 27th week of 2023, the price changes of steel raw materials and steel products in some regions in China, including 17 categories and 43 specifications (v...Read more -
How long will the steel market shock last? How much space is there in the back?
How long will the steel market shock last? How much space is there in the back? The overall steel market fell slightly yesterday. If this round of price rise is a rebound after the oversold in the previous period, then the continuous introduction of favorable policies in the later period should i...Read more -
The pressure of the “off-season” has expanded, what is the trend of the steel market in July?
The pressure of the “off-season” has expanded, what is the trend of the steel market in July? In addition to weakening seasonal demand, there is also some downward pressure on manufacturing demand. At the same time, from the perspective of export orders, due to the weakness of overse...Read more -
Strong expectations fall into weak reality, and the road to strength in the steel market is bumpy
Strong expectations fall into weak reality, and the road to strength in the steel market is bumpy Price fluctuations in the major steel markets are relatively strong. Compared with last week, rising varieties increased significantly, mediocre varieties decreased, and falling varieties decreased s...Read more
