Product News
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Steel mills increase prices intensively, and transactions shrink significantly
On April 13, the domestic steel market mainly rose, and the ex-factory price of Tangshan billets rose by 20 to 4,780 yuan/ton. In terms of transactions, the downstream purchasing sentiment was not high, and the spot in some markets fell, and the transaction decreased significantly throughout the ...Read more -
Iron ore coke futures rose more than 4%, steel prices fluctuated strongly
On April 12, the domestic steel market prices were mixed, and the ex-factory price of Tangshan ordinary billet rose 30 to 4,760 yuan/ton. With the strengthening of the futures market, the spot market price followed up, the market trading atmosphere was good, and the transaction volume was heavy. ...Read more -
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...Read more -
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...Read more -
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...Read more -
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...Read more