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Next week, the domestic steel market prices may maintain a low level and fluctuate.
Seamless pipes: According to the survey (34 sample seamless pipe factories), the ex-factory prices of seamless pipe factories across the country have been partially lowered this week. As of this Friday, the quotations of some seamless pipe factories have fallen by 50-300 yuan/ton. Due to the rela...Read more -
Market mentality slightly warmed, steel prices may fluctuate strongly next week
The spot market price fluctuated within a narrow range this week. Affected by the disk rebound, the spot market rebounded slightly in the second half of the week, and low inventories supported prices. However, the current market demand is still poor, and price increases are under pressure. ...Read more -
Steel stocks have dropped by 880,000 tons, and steel prices are still rising locally
On December 2, the domestic steel market went up and down, and the ex-factory price of Tangshan Pu’s billet remained stable at 4,290 yuan/ton. In the early trading, black futures generally rose, and some spot markets continued to rise. In the afternoon, crude and fuel futures fell significa...Read more -
Black futures have risen sharply, and the room for steel prices to rise may be limited
On December 1, the domestic steel market mainly rose, and the ex-factory price of Tangshan billet remained stable at 4,290 yuan/ton. In terms of transactions, the market has a general trading atmosphere, just need to purchase on-demand, and there is little speculative demand. On the 1st, the clos...Read more -
Black futures are red across the board, and the decline in steel prices slows
On November 30, the price decline in the domestic steel market narrowed, and Tangshan Pu’s billet held steady at RMB 4,290/ton. In the early trading, the futures market was weak and fluctuating, and it did not rise until the end of the trading session. The market trading sentiment was more ...Read more -
Steel mills cut prices intensively, with plans to resume production in December, and short-term steel prices run weakly
On November 29, the domestic steel market declined weakly, and the ex-factory price of Tangshan Pu’s billet remained stable at 4,290 yuan/ton. In early trading today, the overall transaction in the steel market was acceptable, and both rigid demand and speculation have entered the market fo...Read more -
Tangshan steel market is green at the weekend, and steel prices may fluctuate within a narrow range next week
The production of rebar this week increased slightly from last week, but from the same month-on-month data, the current production of rebar is still at a relatively low level. Judging from the current production status of the company, the core reason for the company’s production reduction i...Read more -
Focus on the steel industry data (November 25)-The market has a positive trading atmosphere, destocking has expanded, and consumption has continued to rise
In terms of supply, the supply of major steel products continued to decrease from the previous month to 8,970,700 tons, a month-on-month decrease of 2.7% and a year-on-year decrease of 16.5%. Judging from the same month-on-month data, the current five major types of steel products are still at a ...Read more -
Billets rose 60, Hebei and Henan start heavy pollution orange warning
◎ According to the feedback from independent section steel enterprises in Tangshan, due to the orange warning response of heavy pollution weather, steel rolling enterprises may cease production at 15:00 on November 24th, and the logistics and transportation of the plant will also be restri...Read more -
China’s steel export prices continue to fall, and the January shipping schedule picks up
Recently, the export prices of various types of steel products in China have been continuously adjusted due to the continuous adjustment of domestic trade. The mainstream quotations of SS400 hot coils are now about 780-785 US dollars/ton, down 3 US dollars/ton on a week-on-week basis; SPCC 1.0mm ...Read more -
Raw material spot market
Imported mines: On November 22, the imported mines market went up slightly, the market sentiment was fair, and the overall transaction was fair. It is understood that some traders are optimistic about short-term market prices, and have a strong sentiment on prices. At the same time, traders have ...Read more -
Iron ore rose by more than 6%, billet fell by 30, steel prices may slow down
On November 22, the domestic steel market prices went up and down, with Tangshan Pu’s billet falling 30 yuan to 4220 yuan/ton. As the futures market rises first and then declines, the price increase in the spot market has narrowed. On the 22nd, most of the black futures varieties ros...Read more