Product News
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Steel mills have raised prices intensively, and the rise in steel prices has become sluggish
On April 21, the domestic steel market was mixed, and the ex-factory price of Tangshan ordinary billet was stable at 4,830 yuan/ton. On the 21st, the steel futures market fluctuated and fell, and many places were still disturbed by the epidemic, resulting in poor performance of terminal demand. O...Read more -
Steel mills continue to raise prices, and steel prices are on the strong side
On April 20, the domestic steel market rose slightly, and the ex-factory price of Tangshan billets rose by 20 to 4,830 yuan/ton. On the 20th, the steel futures market strengthened, and the overall transaction situation in the spot market was acceptable. Recently, favorable macroeconomic policies ...Read more -
Steel mills increase prices intensively, and steel prices should not chase high
On April 19, the domestic steel market price rose slightly, and the ex-factory price of Tangshan ordinary billet rose 20 to 4810 yuan/ton. The National Development and Reform Commission said that the next step will be to ensure the supply and price of bulk commodities. Affected by this news, the ...Read more -
Steelmaking costs of steel mills increase, and steel prices may fluctuate at a high level
On April 18, the domestic steel market was mixed, and the ex-factory price of Tangshan ordinary billet was stable at 4,790 yuan/ton. Since March, the downward pressure on the domestic economy has increased, but the implementation of macro policies is increasing, including the central bank’s...Read more -
Steel prices may fluctuate this week
This week, the mainstream prices in the spot market fluctuated within a narrow range. Specifically, downstream consumption continued to be sluggish at the beginning of the week, market confidence was greatly frustrated, and the overall black market declined. With the continuous release of RRR cut...Read more -
Black futures rose across the board
On April 14, the domestic steel market fluctuated strongly, and the ex-factory price of Tangshan common billet was stable at 4,780 yuan/ton. On the 13th, the regular meeting released a signal to lower the RRR, and macro expectations continued to be strong. On the 14th, black futures generally str...Read more