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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 -
Tangshan steel market generally falls, steel prices may fluctuate weaker next week
The spot market price continued to fall sharply this week, and the disk fluctuates greatly this week. The spot market has followed the decline but not the rise. The market demand is still poor. Buyers and sellers have strong wait-and-see sentiment and pressure on prices to rise. Welded pip...Read more -
What are the production processes for seamless steel pipes?
According to different production processes, seamless steel pipes can be divided into hot-rolled seamless steel pipes, hot-expanded seamless steel pipes, and cold-drawn seamless steel pipes. Four categories of cold-rolled seamless steel tubes. The hot-rolled seamless steel pipe is a round ...Read more -
Tangshan steel market generally falls, steel prices may fluctuate weaker next week
The spot market price continued to fall sharply this week, and the disk fluctuates greatly this week. The spot market has followed the decline but not the rise. The market demand is still poor. Buyers and sellers have strong wait-and-see sentiment and pressure on prices to rise. Seamless p...Read more -
Sea freight is one price per day, and companies dare not take orders! A large number of routes have declined in cargo volume…
At present, the global logistics supply chain is still severely blocked, and the global shipping tension continues. The export market is generally stable. Based on these conditions, the market freight rate remains high. European routes, Mediterranean routes, the new crown epidemic in Euro...Read more -
How are various expenses incurred in container shipping?
In ocean freight costs, in addition to ocean freight, the “expensive” expenses also take up a lot of space and cannot be concentrated. What are the costs surrounding the “box”? Drop-off fee When the car enters the box, the terminal has not yet opened to receive the box and...Read more