Product News
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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 -
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