Product News
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Steel prices are expected to rebound at the end of the year, but it is difficult to reverse
In recent days, the steel market has bottomed out. On November 20th, after the price of billet in Tangshan, Hebei, rebounded by 50 yuan/ton, the prices of local strip steel, medium and heavy plates and other varieties all rose to a certain extent, and the prices of construction steel and cold and...Read more -
Hunan construction steel continues to rise this week, inventory fell by 7.88%
【Market Summary】 On November 25, the price of construction steel in Hunan increased by 40 yuan/ton, of which the mainstream transaction price of rebar in Changsha was 4780 yuan/ton. This week, inventory fell by 7.88% month-on-month, resources are highly concentrated, and merchants have a strong...Read more -
On the 24th, the national seamless pipe transaction volume increased significantly
According to the survey statistics of the Steel Pipe Department: On November 24, the total transaction volume of 124 seamless pipe trader sample enterprises nationwide was 16,623 tons, an increase of 10.5% over the previous trading day and an increase of 5.9% over the same period last year. From ...Read more -
Global crude steel production fell 10.6% in October
According to data from the World Steel Association (worldsteel), global crude steel production in October this year fell 10.6% year-on-year to 145.7 million tons. From January to October this year, global crude steel output was 1.6 billion tons, a year-on-year increase of 5.9%. In October, Asian ...Read more -
National thread price
On October 21, the price of building materials nationwide fell sharply, and futures fell sharply. The demand data was far lower than last year. Yesterday, the national building materials transaction volume was only 120,000 tons, and the market sentiment was pessimistic. Even if the inventory is l...Read more -
Iron and steel hot spot
1.On October 21, the night trading of black series increased and decreased compared with the closing price of the previous trading day. Among them, thread fell 0.2%, hot coil rose 1.63%, coking coal fell 0.23%, coke rose 3.14%, and iron ore rose 3.46%. 2.Real estate development investment data fo...Read more