Product News
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Steel mills cut prices on a large scale, and steel prices continued to decline
On May 10, the domestic steel market price continued to decline, and the ex-factory price of Tangshan ordinary billet fell by 60 to 4,620 yuan/ton. Black futures continued to weaken, the spot market price followed the callback, merchants actively shipped, and the trading atmosphere was deserted. ...Read more -
Black futures plummeted across the board, steel prices continued to fall
On May 9, the domestic steel market prices fell across the board, and the ex-factory price of Tangshan ordinary billet fell by 30 to 4,680 yuan/ton. On the 9th, black futures plummeted across the board, the market panic spread, the trading atmosphere was deserted, and the merchants had strong sel...Read more -
Steel prices or weak operation
This week, the spot market prices as a whole showed a trend of ascribed and falling. Specifically, during the holiday period, macroeconomic positives occurred frequently, sentiment was more positive, and the market mainly rose; after the holiday, due to the disturbance of the epidemic, commodity ...Read more -
Steel prices generally fall
On May 6, the domestic steel market fell, and the ex-factory price of Tangshan billets fell by 50 to 4,760 yuan/ton. In terms of transactions, the market trading atmosphere was deserted, the high-level resources were low, and the market sell-off was strong. During the May 1st period, some domesti...Read more -
Some blast furnaces resume production, and steel prices are cautiously chasing high
On May 5, the domestic steel market prices generally rose, and the ex-factory price of Tangshan common billet rose 20 to 4,810 yuan/ton. Recently, the market confidence has been restored, and the steel market has a good start after the holiday. However, the transaction at a high level is not good...Read more -
Domestic construction steel prices fluctuated weakly in May
The price of raw materials has remained high due to the support of the international situation, the domestic construction steel has risen and fallen due to the return of expectations to reality, and the production profit margin of steel mills has turned from positive to negative. It is expected t...Read more