Product News
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Tangshan steel market is booming, steel prices may fluctuate strongly next week
The mainstream prices in the spot market fluctuated upward this week. With the current strength of raw material prices and futures disk performance, the overall performance of the spot market prices rose slightly. However, due to the general general turnover in the current high-end market, the pr...Read more -
Steel mills have intensively increased prices, futures steel prices have risen by more than 2%, and steel prices have been on the strong side
On December 16, the domestic steel market rose slightly, and the ex-factory price of Tangshan Pu’s billet rose by 30 to 4,360 yuan/ton. This week, steel stocks continued to decline, market resources were tight, and black futures rose strongly. Today, merchants took advantage of the trend to...Read more -
Will the Winter Olympics cause large-scale plant shutdowns and strong fluctuations in steel prices?
On December 15th, the domestic steel market mainly rose slightly, and the ex-factory price of Tangshan billet remained stable at RMB 4330/ton. In terms of transactions, the market was active, and transactions were fair for just-needed transactions, with a slight increase in transactions throughou...Read more -
Black system generally rose, trading volume shrank, steel prices rose and fell limited
On December 14, the domestic steel market was on the strong side, and the ex-factory price of Tangshanpu’s billet was stable at RMB 4330/ton. Today, the black futures market generally opened higher and fluctuated, and merchants continued to rise slightly, but speculative demand faded, and t...Read more -
Iron ore soared by 5%, steel prices may be difficult to rise near winter storage
On December 13, the domestic steel market prices went up and down, and the price of Tangshan Pu’s billet rose by 20 to RMB 4330/ton. The black futures market is strong, and the spot market is fair. On the 13th, black futures varieties rose across the board. The main snail futures closed at ...Read more -
The demand in the off-season has obvious characteristics, and the steel price may fluctuate and run weaker next week
Spot market prices fluctuated within a narrow range this week. At the beginning of the week, the market sentiment was boosted due to the positive macroeconomic conditions, but the mid-week futures went down, spot transactions were weak, and prices were lowered. The demand in the off-season is obv...Read more