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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 -
G20 Summit-U.S.-Europe reconciliation of steel and aluminum trade disputes (2)
On October 31st, U.S. President Biden and European Commission President Von der Lein jointly announced a settlement plan on the “Trump 232 steel and aluminum tariffs” at the G20 summit in Rome. Europe will establish a “club” for steel and aluminum products, with car...Read more -
G20 Summit-U.S.-Europe reconciliation of steel and aluminum trade disputes(1)
On October 31st, U.S. President Biden and European Commission President Von der Lein jointly announced a reconciliation plan around “Trump 232 steel and aluminum tariffs” at the G20 summit in Rome-the United States will start from January 1, 2022 Exempt the “232 tariffs” o...Read more -
European and American steel and aluminum tariff agreements repair CIS market sentiment
The United States and the European Union have recently reached an agreement on tariffs on steel and aluminum, which will continue to maintain “Article 232″, but allow a “limited number” of EU steel and aluminum products to enter the US market without tariffs. By then, it i...Read more -
US steel imports fall by 26% in October
According to the latest steel import monitoring and analysis (SIMA) data from the US Department of Commerce, US steel imports in October this year were 2,173,300 tons, in September it was 2,938,300 tons, and in October last year it was 1,372,300 tons. It was down 26% from the previous month and i...Read more