Industry News
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Has the US interest rate hikes have passed? Steel factory reduction is real?
Has the US interest rate hikes have passed? Steel factory reduction is real? From the current point of view, the short -term market has entered the rhythm of a small rebound after overtaking. How strong is the intensity depends on the internal and external market environment. The peripheral Feder...Read more -
Steel prices fell below the lowest point of the year, and the downward trend has not changed
Steel prices fell below the lowest point of the year, and the downward trend has not changed In October, steel prices continued to fall, and the decline at the end of the month continued to accelerate. In the last two trading days, the price of rebar futures plunged sharply, and the spot price of...Read more -
External shocks strike again, the steel market is weak and fluctuates down
External shocks strike again, the steel market is weak and fluctuates down Compared with last week, the market prices of major steel products fluctuated and fell. Compared with last week, the rising varieties decreased, the flat varieties decreased, and the declining varieties increased significa...Read more -
The Federal Reserve’s interest rate hike is approaching, and the steel market continues to operate
The Federal Reserve’s interest rate hike is approaching, and the steel market continues to operate In November, a new round of interest rate hikes will be ushered in. This is the sixth rate hike in the year, and the market’s attention is extremely high. Under the influence of inflatio...Read more -
Macro data performance is average, steel output rises, and steel prices continue to be under pressure
Macro data performance is average, steel output rises, and steel prices continue to be under pressure Today, the price of the domestic steel market is mainly stable, and the local area weakens slightly. Today, the market is high and low. In the early days, the snails are affected by the favorable...Read more -
Supply drops, demand is limited, and the steel market is difficult to change the weak shock
Supply drops, demand is limited, and the steel market is difficult to change the weak shock In the 43rd week of 2022, the price changes of 17 categories and 43 specifications (varieties) of steel raw materials and steel products in some parts of China are as follows: The market prices of major st...Read more -
Critical! Futures steel fell below 3594! Step new lows in the year!
Critical! Futures steel fell below 3594! Step new lows in the year! Internationally, the pace of the Fed’s interest rate hike has not slowed down, and capital investment prospects are worrying. In the country, the opening of the black system continued to fall today. Merchant offers were we...Read more -
Restarting up production, can the steel V -type rebound, can it last?
Restarting up production, can the steel V -type rebound, can it last? On the 18th, the domestic steel city was generally weak operation. The futures market has fallen first and then rising. Today, the overall market is mainly based on the mainstream varieties, and the mainstream varieties have de...Read more -
The cost demand is again game, the steel market returns to the weak shock
The cost demand is again game, the steel market returns to the weak shock At present, as the pressure of inflation in various countries has increased again, it is expected that central banks in other countries in the world to maintain a rapid pace of interest rate hikes to cope with the pressure ...Read more -
The billet fell 90! Period steel falls 65! Steel prices fall back to the lowest position?
The billet fell 90! Period steel falls 65! Steel prices fall back to the lowest position? As the Fed once again stepped up the pace to resist inflation, more monetary policies may be introduced, and the domestic central bank issued a document to resolutely suppress the exchange rate. Affected by ...Read more -
From rising to falling, why did the steel market plummet?
From rising to falling, why did the steel market plummet? The market weakened today, and the prices of finished products fell almost across the board due to the decline in the disk. Speculative demand dwindled and sentiment deteriorated. Due to the rapid changes in the rhythm of the market, the g...Read more -
As the market cools down, the steel market still needs to be treated rationally
As the market cools down, the steel market still needs to be treated rationally On the 9th, the domestic steel market was generally stable, and local prices fluctuated slightly. Judging from today’s market performance, the bullish sentiment has cooled down, merchants are unable to raise pri...Read more
