Industry News
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The steel market rebounded in shock, and the transaction continued to increase
The steel market rebounded in shock, and the transaction continued to increase Beginning last week, the steel market stopped falling and rebounded, and prices continued to rise. Especially on weekends, in the absence of futures guidance, spot price quotations have risen one after another. Accordi...Read more -
Southeast Asia HRC fell by US$70/ton on a week-on-week basis (6.17-6.24)
Southeast Asia HRC fell by US$70/ton on a week-on-week basis (6.17-6.24) 【Market Overview】 Domestic trade in China: The average price of domestic hot-rolled coil market fell sharply this week. The price of 3.0mm hot-rolled coil in 24 major markets across the country fell by 276 yuan/ton from la...Read more -
Can the steel market after the “slump” usher in a “surge”?
Can the steel market after the “slump” usher in a “surge”? Since June, due to the obvious lack of demand release in the off-season, the domestic steel spot market has entered a “slump” market. The national hot-rolled coil spot fell by 545 yuan from the beginnin...Read more -
Rare! Futures Steel fell 295yuan! Steel prices plummeted 370yuan! Iron ore is down!
Rare! Futures Steel fell 295yuan! Steel prices plummeted 370yuan! Iron ore is down! Consistent with the first drop this week predicted last week, steel prices fell sharply on June 20th. The black futures fell frighteningly, and the decline of futures steel hit a two-year low; the spot market also...Read more -
Insufficient demand is the main line, the domestic steel market will bottom out again
Insufficient demand is the main line, the domestic steel market will bottom out again The market price of major steel varieties has fallen. Compared with last week, the rising varieties have decreased, the flat varieties have decreased, and the decline varieties have increased significantly. Two ...Read more -
Urgent notice, the steel billet fell by 50 Yuan again!
Urgent notice, the steel billet fell by 50 Yuan again! Steel prices continued to fall today, in the same direction as yesterday’s forecast, but the decline was larger than expected, mainly due to the current market’s disappointment and pessimism that the expected fulfillment was block...Read more -
Long and short duel, the steel market may continue to be bearish
Long and short duel, the steel market may continue to be bearish This week’s opening quotations fell, traders were quite divided, and some continued to be bullish. However, the spot market transactions were not good, and the market panic still accounted for most of them. As the policy conti...Read more -
Thread futures fluctuated and closed at “0″, the trend of steel is quite tangled
Thread futures fluctuated and closed at “0″, the trend of steel is quite tangled The trend of futures was quite tangled last week. Although it rose during the period, it fell rapidly, which really increased the uncertainty of the disk. Although the spot price has risen, but with the f...Read more -
After the holiday, a good start “cut in half” and the game of steel strength intensifies
After the holiday, a good start “cut in half” and the game of steel strength intensifies Although the futures market continued to usher in a “good start” after the holiday, the rally in the spot market generally narrowed, and there was no shortage of room for bargaining in...Read more -
Fall down! The two departments speak again! Steel prices continue to fall!
Fall down! The two departments speak again! Steel prices continue to fall! Unsurprisingly, today’s spot market prices stabilized and adjusted downwards. In fact, the continuous rise in the previous period has finally stopped rising. It can be said that the rise without demand support is uns...Read more -
Forecast: The stable growth policy is densely introduced to the domestic steel market will rebound
Forecast: The stable growth policy is densely introduced to the domestic steel market will rebound At present, the steady growth policy has entered a stage of dense introduction. Next, it will accelerate into the implementation stage of landing. The domestic economy will support economic recovery...Read more -
The continuous rebound of futures steel will form a pull on steel prices
The continuous rebound of futures steel will form a pull on steel prices Although there have been many voices of doubts in the market recently, and the attitude towards the resumption of work and production in East China has been relatively slack, but with the advent of the Dragon Boat Festival h...Read more
