News
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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 -
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