Product News

  • Intensive price cuts by steel mills, steel prices may continue to fall

    Intensive price cuts by steel mills, steel prices may continue to fall

    On March 15, the domestic steel market generally fell, and the ex-factory price of Tangshan ordinary billet fell by 20 to 4,640 yuan/ton. In early trading today, black futures opened lower across the board, and the steel spot market followed suit. With the improvement of low-price transactions in...
    Read more
  • Futures steel fell more than 4%, and steel prices may continue to decline

    Futures steel fell more than 4%, and steel prices may continue to decline

    On March 14, the price decline in the domestic steel market expanded, and the ex-factory price of Tangshan ordinary billet fell by 60 to 4,660 yuan/ton. Today, the black futures market fell sharply, the market mentality weakened, and the transaction volume was significantly reduced. On the 14th, ...
    Read more
  • Steel price or shock adjustment next week

    Steel price or shock adjustment next week

    This week, the mainstream prices in the spot market fluctuated within a narrow range, and the international political situation is still relatively tense. The market sentiment has improved after the inflection point of inventory this week, and market confidence has been restored. This week, the s...
    Read more
  • Steel mills cut prices on a large scale, short-term steel prices may not fall

    Steel mills cut prices on a large scale, short-term steel prices may not fall

    On March 10, the domestic steel market generally fell, and the ex-factory price of Tangshan common billet fell by 40 to 4,720 yuan/ton. The international crude oil and non-ferrous metal prices fell sharply on the 9th, causing the domestic black commodity futures market to open sharply lower in th...
    Read more
  • Iron ore fell by more than 3%, steel prices may be weak

    Iron ore fell by more than 3%, steel prices may be weak

    On March 9, the domestic steel market fell mainly, and the ex-factory price of Tangshan billets fell by 30 to 4,760 yuan/ton. Merchants reported that the transaction performance was generally poor, with few terminal purchases, speculative sentiment receded, and the market had a strong wait-and-se...
    Read more
  • Futures steel fell, speculation cooled, steel prices may fluctuate weakly

    Futures steel fell, speculation cooled, steel prices may fluctuate weakly

    On March 8, most of the domestic steel market prices fell, and the ex-factory price of Tangshan common billet fell by 20 to 4,790 yuan/ton. Today, the black futures market fell from a high level, the spot market price adjusted accordingly, and the transaction volume shrank. On the 8th, black futu...
    Read more