Product News
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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
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 -
Steel mills raise prices on a large scale, and steel prices continue to rise
On March 7, the domestic steel market rose across the board, and the ex-factory price of Tangshan ordinary billet rose by 70 to 4,810 yuan/ton. Today, the black commodity futures market rose sharply, and the steel spot market traded significantly, and steel mills and traders actively pushed up st...Read more -
Tangshan steel market is red, and steel prices may run strongly next week
This week, the mainstream prices in the spot market were on the strong side. The tension in the international geopolitical situation led to a supply gap of global commodities. The stronger prices of commodities on the disk pushed the spot prices to rise. The market sentiment is expected to be pos...Read more -
Overseas supply shocks, steel prices continue to rise
On March 3, the domestic steel market generally rose, and the ex-factory price of Tangshan common billet rose 50 to 4,680 yuan/ton. Due to the general rise in international bulk commodity prices and the surge in domestic iron ore futures, speculative demand has become active again, and today̵...Read more -
Large-scale price increases in steel mills, short-term steel prices may be strong
On March 2, the domestic steel market rose, and the ex-factory price of Tangshan billets rose 30 to 4,630 yuan/ton. This week, the transaction volume rebounded significantly, and speculative demand increased. On the 2nd, the main force of the future snail fluctuated and rose, and the closing pric...Read more