News
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Steel prices may fluctuate this week
This week, the mainstream prices in the spot market fluctuated within a narrow range. Specifically, downstream consumption continued to be sluggish at the beginning of the week, market confidence was greatly frustrated, and the overall black market declined. With the continuous release of RRR cut...Read more -
Black futures rose across the board
On April 14, the domestic steel market fluctuated strongly, and the ex-factory price of Tangshan common billet was stable at 4,780 yuan/ton. On the 13th, the regular meeting released a signal to lower the RRR, and macro expectations continued to be strong. On the 14th, black futures generally str...Read more -
Steel mills increase prices intensively, and transactions shrink significantly
On April 13, the domestic steel market mainly rose, and the ex-factory price of Tangshan billets rose by 20 to 4,780 yuan/ton. In terms of transactions, the downstream purchasing sentiment was not high, and the spot in some markets fell, and the transaction decreased significantly throughout the ...Read more -
Iron ore coke futures rose more than 4%, steel prices fluctuated strongly
On April 12, the domestic steel market prices were mixed, and the ex-factory price of Tangshan ordinary billet rose 30 to 4,760 yuan/ton. With the strengthening of the futures market, the spot market price followed up, the market trading atmosphere was good, and the transaction volume was heavy. ...Read more -
Steel mills cut prices on a large scale, steel prices may continue to fall
On April 11, the domestic steel market generally fell, and the ex-factory price of Tangshan common billet fell by 60 to 4,730 yuan/ton. Today, black futures fell sharply across the board, and downstream terminal purchases were low, and the overall transaction in the steel spot market was poor. Af...Read more -
Steel prices may run weak next week
This week, the mainstream price of the spot market fluctuated at a high level. After the holiday, the black futures continued to maintain a strong trend. The downstream purchasing demand was good, and the speculative demand was actively entering the market. However, due to the impact of the epide...Read more