Product News

  • Steel mills cut prices on a large scale, steel prices may continue to fall

    Steel mills cut prices on a large scale, steel prices may continue to fall

    On April 11, the domestic steel market generally fell, and the ex-factory price of Tangshan common billet fell by 60 to 4,730 yuan/ton. Today, black futures fell sharply across the board, and downstream terminal purchases were low, and the overall transaction in the steel spot market was poor. Af...
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  • Steel prices may run weak next week

    Steel prices may run weak next week

    This week, the mainstream price of the spot market fluctuated at a high level. After the holiday, the black futures continued to maintain a strong trend. The downstream purchasing demand was good, and the speculative demand was actively entering the market. However, due to the impact of the epide...
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  • Short-term steel price gains are blocked

    Short-term steel price gains are blocked

    On April 7, the domestic steel market fluctuated weakly, and the ex-factory price of Tangshan common billet fell by 20 to 4,860 yuan/ton. Inventory further accumulated during the Qingming holiday, but the actual demand was lower than expected, and prices in some areas with high inventory pressure...
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  • Steel prices continue to run strongly

    Steel prices continue to run strongly

    On April 6, the price increase in the domestic steel market narrowed, and the ex-factory price of Tangshan common billet rose 20 to 4,880 yuan/ton. On the first day after the holiday, with the strength of the futures market, the spot market price followed suit, the market trading atmosphere was g...
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  • Domestic construction steel prices rose and fell in April

    Domestic construction steel prices rose and fell in April

    The average price of domestic construction steel rose sharply in March. As of March 31, the national average price of rebar in major cities was 5,076 yuan/ton, a month-on-month increase of 208 yuan/ton. Prices in major cities such as Shanghai, Guangzhou and Beijing all rose sharply, with rebar pr...
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  • Steel prices are on the strong side

    Steel prices are on the strong side

    On April 1, the domestic steel market mainly rose, and the ex-factory price of Tangshan billets rose by 30 to 4,860 yuan/ton. In terms of transactions, the market’s mentality has improved, the terminal stocking demand before the holiday has emerged, and the speculative demand has been furth...
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