News
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Steel mills cut prices on a large scale, and steel prices generally fell
On December 28, the domestic steel market price continued its downward trend, and Tangshan Pu’s billet price remained stable at 4,290 yuan/ton. The black futures market is down again, market mentality is sluggish, and spot market transactions are shrinking. On the 28th, the black futures va...Read more -
Weak steel prices down
On December 27, the domestic steel market generally fell, and the ex-factory price of Tangshanpu’s billet fell by 50 to 4,290 yuan/ton. Demand is expected to weaken in winter, and black futures have plummeted across the board today, adding to downstream wait-and-see sentiment. The trading v...Read more -
Demand is expected to shrink, steel prices may fluctuate weakly
As of December 24, the average price of 108*4.5mm seamless pipes in 27 major cities across the country was 5988 yuan/ton, an increase of 21 yuan/ton from last week. This week, the price of seamless pipes in most areas across the country rose by 20-100 yuan/ton. In terms of raw materials, billet p...Read more -
The demand for steel is shrinking, and the price of steel is weak.
On December 23, the domestic steel market fluctuated weakly, and the ex-factory price of Tangshan Pu’s billet remained stable at 4390 yuan/ton. The market opened in early trading, the snail futures rebounded from the low level, and the spot market steadily fell. From the perspective of tran...Read more -
Steel mills continue to cut prices, and steel prices are running low
On December 22, the domestic steel market fell mainly, and the ex-factory price of Tangshan billet was lowered by 30 to 4390 yuan/ton. In terms of transactions, the overall market purchase sentiment in the morning was generally normal, and sporadic purchases were just needed. In the afternoon, th...Read more -
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