News
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Understanding the Upsides of S31803 Stainless Steel
More commonly referred to as duplex stainless steel, S31803 or 2205 stainless steel is a steel which is used for a variety of applications. The reason for this? It offers top-notch anti-corrosive capabilities at a very reasonable price. However, this isn’t all that duple...Read more -
Black futures rose across the board, steel prices stopped falling and rebounded
On May 11, the domestic steel market mainly rose, and the ex-factory price of Tangshan billets rose by 20 to 4,640 yuan/ton. In terms of transactions, the market mentality has been restored, speculative demand has increased, and low-priced resources have disappeared. According to the survey of 23...Read more -
Steel mills cut prices on a large scale, and steel prices continued to decline
On May 10, the domestic steel market price continued to decline, and the ex-factory price of Tangshan ordinary billet fell by 60 to 4,620 yuan/ton. Black futures continued to weaken, the spot market price followed the callback, merchants actively shipped, and the trading atmosphere was deserted. ...Read more -
Black futures plummeted across the board, steel prices continued to fall
On May 9, the domestic steel market prices fell across the board, and the ex-factory price of Tangshan ordinary billet fell by 30 to 4,680 yuan/ton. On the 9th, black futures plummeted across the board, the market panic spread, the trading atmosphere was deserted, and the merchants had strong sel...Read more -
Steel prices or weak operation
This week, the spot market prices as a whole showed a trend of ascribed and falling. Specifically, during the holiday period, macroeconomic positives occurred frequently, sentiment was more positive, and the market mainly rose; after the holiday, due to the disturbance of the epidemic, commodity ...Read more -
Steel prices generally fall
On May 6, the domestic steel market fell, and the ex-factory price of Tangshan billets fell by 50 to 4,760 yuan/ton. In terms of transactions, the market trading atmosphere was deserted, the high-level resources were low, and the market sell-off was strong. During the May 1st period, some domesti...Read more