Industry News
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Will crude steel production recover in 2022?
In 2021, under the linkage constraints of a number of policies and measures, such as reducing steel output, dual control of energy consumption, peak-staggered production of Beijing-Tianjin-Hebei steel, and production restrictions in autumn and winter, the crude steel reduction task goal was final...Read more -
The effect of multiple favorable resonances on pipes
Welded pipes: Today, the ex-factory quotations of domestic mainstream pipe factories are generally stable. In the afternoon, driven by the rise in futures, the overall trading atmosphere has improved, and some pipe factories have risen slightly. (If you want to know more about the impact of the p...Read more -
Multiple favorable resonance steel futures rose together
The spot market price is still dominated by a slight dip, the terminal demand in the market is weak, and there is a small amount of speculative demand in some areas. (To learn more about the impact of specific steel products, such as galvanized steel retaining wall post, you can feel free to cont...Read more -
Black “roller coaster”, reproduce the steel city continues to cool
Opening today, the domestic black line staged a roller coaster market. Spot market prices are mixed. At present, the market is more from cost support. The third round of coke enterprises has started to pull up, which has slightly supported the bottom of the price, but the supply and demand sides ...Read more -
Low demand, low output, low inventory, will steel prices rise or fall before the holiday?
After entering December 2021, the price of steel has always maintained a trend of slight fluctuations, with the highest rise and fall of only more than 100 yuan. With the approaching of the Lunar New Year in the Year of the Tiger, the steel market is in the off-season of demand, but the steel pri...Read more -
Steel prices remain high, steel traders are not enthusiastic about “winter storage”
Steel prices remain high, steel traders are not enthusiastic about “winter storage” Since the beginning of winter, “winter storage” has become the hottest word in the steel industry. How to “winter storage”, when to “winter storage”, and even whethe...Read more -
The first wave of “Steel Enterprises Production Limitation and Work Stop Order” issued in the new year!
In early January 2022, heavy pollution weather struck again in many parts of the country, provinces and cities have launched warnings of heavy pollution weather one after another, and key industries such as iron and steel are once again facing production stoppages. At present, 10 cities in 4 prov...Read more -
In mid-December, steel companies’ daily crude steel production fell by 2.26%
In mid-December, the key statistical steel companies produced 1,890,500 tons of crude steel per day, a decrease of 2.26% from the previous month. In mid-December 2021, key statistical iron and steel enterprises produced a total of 18,904,600 tons of crude steel, 16,363,300 tons of pig iron, and 1...Read more -
China’s Baowu Australia Hardey iron ore project is expected to restart
China’s Baowu Australia Hardey iron ore project is expected to restart, with an annual output of 40 million tons! On December 23rd, China Baowu Iron and Steel Group’s first “Company Day”. At the ceremony site, the Hardey iron ore project in Australia led by Baowu Resources...Read more -
Another “stuck neck” technique has been conquered! Proud of China Steel!
On December 20th, the reporter learned from the China Iron and Steel Research Group Gaona Company that the company took the lead in jointly producing Fushun Special Steel and Erzhong Wanhang for the first time in recent days to successfully trial-produce the largest superalloy turbine disk integr...Read more -
The National Development and Reform Commission issued a new notice, the steel mill prices have been raised!
Two departments: further strengthen the supervision of the commodity futures spot market The National Development and Reform Commission and the Ministry of Industry and Information Technology recently issued the “Notice on the Implementation Plan for Rejuvenating Industrial Economic Operati...Read more -
Down and down! Futures fell nearly 130! The billet fell by 50!
Factors affecting current steel prices: Multi-departmental cooperation to intensify efforts to ensure the transportation of coal and electricity in Tangshan Port Recently, due to weather conditions, a number of electric coal transport ships in Tangshan Port are pressing down on the port, and the...Read more