Industry News
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What is the trend of the spot market price of profiles and building materials?
On January 19, the price of profiles in the domestic profile market mainly rose, and the overall market transaction was average. The mainstream prices of profiles in various domestic markets mainly rose, with an increase of about 10 yuan/ton, and futures steel prices rose. According to the feedba...Read more -
Black futures continue to rise sharply, variety differences increase
At the opening of the market on Jan, 19th, the domestic black system opened higher and moved higher, the night session gapped and opened higher, and the daily session was basically in a high level and sideways state. Spot market prices have risen slightly. There are a small number of terminals an...Read more -
Forecast: steel market fluctuates and maintains stability
Forecast: At the beginning of the year, the supply is stable and the demand is weak, and the steel market fluctuates and maintains stability At present, the domestic steel market has entered the traditional “winter storage” market, and the actual downstream demand is constantly weaken...Read more -
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
