Industry News
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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 -
The steel rebar fell below the 4,000 mark, and the steel price turned around and plummeted.
The steel rebar fell below the 4,000 mark, and the steel price turned around and plummeted. The main iron ore contract futures in the steel market fell directly by more than 4%, coke also fell by nearly 4%, the thread fell by 3% or 145 points, and hot coils and coking coal fell one after another....Read more -
Steel billet increased 30 yuan! What is the future trend of steel prices?
Steel billet increased 30 yuan! What is the future trend of steel prices? The property market data in July continued to improve marginally, but both supply and demand were weak, and market transactions were still poor. It is expected that short-term steel prices will mainly fall. Factors that aff...Read more -
Another round of ferrous metals opened higher and lower
Another round of ferrous metals opened higher and lower Continuing the volatile trend on Monday, as the disk continued to fall, the spot once again ushered in a trend of both volume and price falling. There were more news in the day, and the long and short factors were poor, which led to the decl...Read more -
Steel products fell first and then rose, and the transaction volume increased
Steel products fell first and then rose, and the transaction volume increased Since the market yesterday, the futures market has continued to fluctuate at a high level, and the shuffle trend is obvious. During the day, the fluctuations were fierce, showing a deep “V” trend, the end of...Read more -
The futures steel fluctuated nearly 100 points, rising first and then falling.
The futures steel fluctuated nearly 100 points, rising first and then falling. Will the steel market become bleak again? The disk continued to rise yesterday, and the expected start-up effect of demand is the main driving force for prices. However, due to the effect of the off-season, the demand ...Read more -
Demand is expected to strengthen, and ferrous metals maintain their gains
Demand is expected to strengthen, and ferrous metals maintain their gains After a brief entanglement on Friday night, the market continued to rise, and it formed a clear upward trend at the close. The spot market quotations rose over the weekend, and continued to rise on Monday. Judging from the ...Read more -
Steel futures fell below 4,000 yuan, and steel prices are about to end?
Steel futures fell below 4,000 yuan, and steel prices are about to end? Today’s steel futures market basically continued yesterday’s decline. Although there was a slight repetition during the period, it did not reverse the decline; the spot market basically followed the footsteps of f...Read more -
Stand firm at the key support level, the ferrous metals have not yet ended the long layout
Stand firm at the key support level, the ferrous metals have not yet ended the long layout Affected by more news from the outside, the opening trend was not good, and it remained low and fluctuated. However, due to the stimulation of the news during the session, and some short sellers left the ma...Read more -
In August, the “good start” steel price rose by 100 yuan in one day
In August, the “good start” steel price rose by 100 yuan in one day On August 1st, the steel market ushered in a “good start” market. Among them, the spot price of rebar rose by more than 100 yuan, returning to the top of the 4,200 yuan mark, which is the largest single-da...Read more -
In the first half of the year, the steel output runs low, and will the second half continue?
In the first half of the year, the steel output runs low, and will the second half continue? In the first half of this year, the overall steel production decreased significantly compared with the same period last year. From January to June, the output of crude steel in my country was 52.688 milli...Read more
