Product News
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As the Spring Festival approaches, China’s steel export prices weaken
According to surveys, as the Chinese New Year approaches, demand in mainland China begins to weaken. In addition, domestic traders generally have concerns about the market outlook and lack of strong willingness to store winter products. As a result, various types of steel materials have recently ...Read more -
The “three brothers” of coal have risen sharply, and steel prices should not catch up
On January 4, the domestic steel market prices were weak, and the price of Tangshan Pu’s billet rose 20 yuan to 4260 yuan/ton. Black futures performed strongly, driving up the spot price, and the market saw a slight rebound in transactions throughout the day. On the 4th, the black futures a...Read more -
Billet prices fluctuated weaker in January
In December, the national billet market prices showed a trend of first rising and then falling. As of December 31, the ex-factory price of billet in Tangshan area was reported at 4290 yuan/ton, a month-on-month decrease of 20 yuan/ton, which was 480 yuan/ton higher than the same period last year....Read more -
Steel mill inventories stop falling and climb, steel prices may still fall
On December 30, the domestic steel market fluctuated weakly, and the ex-factory price of Tangshan Pu’s billet remained stable at 4270 yuan/ton. Black futures strengthened in the morning, but steel futures fluctuated lower in the afternoon, and the spot market remained quiet. This week, stee...Read more -
Steel prices continue to be weak
On December 29, the domestic steel market fell mainly, and the ex-factory price of Tangshan billet was lowered by 20 to 4270 yuan/ton. In terms of transactions, the snails continued to decline, leading to a downturn in business mentality, a quiet market trading atmosphere, a noticeable slowdown i...Read more -
Steel mills cut prices on a large scale, and steel prices generally fell
On December 28, the domestic steel market price continued its downward trend, and Tangshan Pu’s billet price remained stable at 4,290 yuan/ton. The black futures market is down again, market mentality is sluggish, and spot market transactions are shrinking. On the 28th, the black futures va...Read more