News
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Demand shrinks in the off-season, and steel mills cut prices!
Seamless pipes: As of December 17th, the average price of 108*4.5mm seamless pipes in 27 major cities across the country was 5967 yuan/ton, a decrease of 37 yuan/ton from last week. This week, the national average price of seamless pipes fell mainly in Northeast China. The price of seamless pipes...Read more -
Black futures collectively dive, winter steel prices should not catch up
On December 20, the domestic steel market rose slightly, and the ex-factory billet price of Tangshan Pu raised 20 yuan to 4420 yuan/ton. Due to tight market resources, the bullish sentiment continued at the beginning of the week. However, the downstream terminal purchases were less active, and th...Read more -
Tangshan steel market is booming, steel prices may fluctuate strongly next week
The mainstream prices in the spot market fluctuated upward this week. With the current strength of raw material prices and futures disk performance, the overall performance of the spot market prices rose slightly. However, due to the general general turnover in the current high-end market, the pr...Read more -
Steel mills have intensively increased prices, futures steel prices have risen by more than 2%, and steel prices have been on the strong side
On December 16, the domestic steel market rose slightly, and the ex-factory price of Tangshan Pu’s billet rose by 30 to 4,360 yuan/ton. This week, steel stocks continued to decline, market resources were tight, and black futures rose strongly. Today, merchants took advantage of the trend to...Read more -
Will the Winter Olympics cause large-scale plant shutdowns and strong fluctuations in steel prices?
On December 15th, the domestic steel market mainly rose slightly, and the ex-factory price of Tangshan billet remained stable at RMB 4330/ton. In terms of transactions, the market was active, and transactions were fair for just-needed transactions, with a slight increase in transactions throughou...Read more -
Black system generally rose, trading volume shrank, steel prices rose and fell limited
On December 14, the domestic steel market was on the strong side, and the ex-factory price of Tangshanpu’s billet was stable at RMB 4330/ton. Today, the black futures market generally opened higher and fluctuated, and merchants continued to rise slightly, but speculative demand faded, and t...Read more