Product News
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The billet fell by another 50 yuan, the futures steel fell by more than 2%, and the steel price continued to fall
On February 24, the domestic steel market was mainly weak, and the ex-factory price of Tangshan billets fell by 50 to 4,600 yuan/ton. In terms of transactions, the futures snails dived in the afternoon, the spot market continued to loosen, the market trading atmosphere was deserted, the wait-and-...Read more -
Tangshan billet fell 40, steel prices weakened
On February 23, the domestic steel market was mainly weak, and the ex-factory price of Tangshan billets fell by 40 to 4,650 yuan/ton. Today’s spot market transactions have picked up slightly, but the overall market sentiment is poor, and the transaction performance is average. According to ...Read more -
Futures steel dives, transactions decline, and steel prices may follow suit
On February 22, the domestic steel market fluctuated strongly, and the ex-factory price of Tangshan common billet rose 20 to 4,690 yuan/ton. Today, the market quotations were stable in the early days and on the strong side. In the late afternoon, the market fluctuated and declined. The market pur...Read more -
Futures steel rose more than 2%, most of steel prices rose
On February 21, the domestic steel market prices mostly rose, and the ex-factory price of Tangshan common billet remained stable at 4,670 yuan/ton, up 40 yuan/ton from last Friday. Today’s black futures rose in the afternoon, the market sentiment improved, the trading atmosphere was good, a...Read more -
Steel demand is gradually recovering, and steel prices may rebound next week
This week, the mainstream prices in the spot market fluctuated and weakened. In this cycle, driven by the weakness of iron ore, the market fluctuated and weakened. At present, the market has resumed work one after another, and the recovery of demand will have a greater impact on the price next we...Read more -
Later steel prices may fluctuate first and then rise
On February 17, the domestic steel market was weak, and the ex-factory price of Tangshan common billet fell by 20 to 4,630 yuan/ton. On that day, iron ore, rebar and other futures prices continued to fall, the market mentality was poor, speculative demand subsided, and the trading atmosphere was ...Read more