News
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Steel mills cut prices to ship, steel prices weakened and adjusted
On April 24, the domestic steel market prices generally fell, and the ex-factory price of Tangshan common billet was stable at 4,750 yuan/ton. Due to the sharp drop in black futures on Friday, the price of steel billets fell on Saturday, and the pessimism in the market increased. According to dat...Read more -
Steel price downside may be limited
The overall quotations in the spot market were mixed this week. With the fluctuation of raw materials and the trend of the futures market, the quotations of some varieties rose slightly in the first half of the week. Begin to tend to be cautious, before the price of high-resource varieties callba...Read more -
Steel mills have raised prices intensively, and the rise in steel prices has become sluggish
On April 21, the domestic steel market was mixed, and the ex-factory price of Tangshan ordinary billet was stable at 4,830 yuan/ton. On the 21st, the steel futures market fluctuated and fell, and many places were still disturbed by the epidemic, resulting in poor performance of terminal demand. O...Read more -
Steel mills continue to raise prices, and steel prices are on the strong side
On April 20, the domestic steel market rose slightly, and the ex-factory price of Tangshan billets rose by 20 to 4,830 yuan/ton. On the 20th, the steel futures market strengthened, and the overall transaction situation in the spot market was acceptable. Recently, favorable macroeconomic policies ...Read more -
Steel mills increase prices intensively, and steel prices should not chase high
On April 19, the domestic steel market price rose slightly, and the ex-factory price of Tangshan ordinary billet rose 20 to 4810 yuan/ton. The National Development and Reform Commission said that the next step will be to ensure the supply and price of bulk commodities. Affected by this news, the ...Read more -
Steelmaking costs of steel mills increase, and steel prices may fluctuate at a high level
On April 18, the domestic steel market was mixed, and the ex-factory price of Tangshan ordinary billet was stable at 4,790 yuan/ton. Since March, the downward pressure on the domestic economy has increased, but the implementation of macro policies is increasing, including the central bank’s...Read more