News
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Weakening demand in the off-season, steel prices may fluctuate within a narrow range next week
This week, the mainstream prices in the spot market fluctuated. The recent performance of raw materials has risen slightly and the performance of futures disk has strengthened simultaneously, so the overall mentality of the spot market is good. On the other hand, the recent winter storage sentime...Read more -
Steel stocks are rising, steel prices are difficult to continue to rise
On January 6, the domestic steel market mainly rose slightly, and the ex-factory price of Tangshan billet rose by 40 to 4,320 yuan/ton. In terms of transaction, the transaction situation is generally general, and the terminal purchases on demand. On the 6th, the closing price of snails 4494 rose ...Read more -
As the Spring Festival approaches, China’s steel export prices weaken
According to surveys, as the Chinese New Year approaches, demand in mainland China begins to weaken. In addition, domestic traders generally have concerns about the market outlook and lack of strong willingness to store winter products. As a result, various types of steel materials have recently ...Read more -
The “three brothers” of coal have risen sharply, and steel prices should not catch up
On January 4, the domestic steel market prices were weak, and the price of Tangshan Pu’s billet rose 20 yuan to 4260 yuan/ton. Black futures performed strongly, driving up the spot price, and the market saw a slight rebound in transactions throughout the day. On the 4th, the black futures a...Read more -
Billet prices fluctuated weaker in January
In December, the national billet market prices showed a trend of first rising and then falling. As of December 31, the ex-factory price of billet in Tangshan area was reported at 4290 yuan/ton, a month-on-month decrease of 20 yuan/ton, which was 480 yuan/ton higher than the same period last year....Read more -
Steel mill inventories stop falling and climb, steel prices may still fall
On December 30, the domestic steel market fluctuated weakly, and the ex-factory price of Tangshan Pu’s billet remained stable at 4270 yuan/ton. Black futures strengthened in the morning, but steel futures fluctuated lower in the afternoon, and the spot market remained quiet. This week, stee...Read more