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Demand improvement is expected to strengthen, steel prices are expected to continue strong adjustment weekend
Demand improvement is expected to strengthen, steel prices are expected to continue strong adjustment weekend Factors affecting steel price: 1, this Friday large varieties of steel production increased week on week Friday’s large variety of steel production of 9,062,700 tons...Read more -
seamless steel pipe prices are still shaking, limited space
seamless steel pipe prices are still shaking, limited space The supply side This week, the output of rebar seamless steel pipe was 2,528,800 tons, with a monthly increase of 72,900 tons. The total inventory of rebar seamless steel pipe was 7,827,400 tons, with a monthly decrease of 366,10...Read more -
Hot and cold rolled coil market in June or better steel pipe manufactures
Hot rolled coil prices in Shanghai fell 160 yuan/ton week on week, cold rolled coil prices fell 100 yuan/ton week on week. According to Ren qingping, this is mainly caused by the severe situation of epidemic prevention and control, blocked logistics, weakened demand, increased steel inventory, ...Read more -
In the short term, the steel pipe market will continue the “weak supply and demand” situation
Has entered the late may, but the steel market is still hovering in a weak situation, demand continues to shrink, trading is still cold, steel price shock down. Ren Qingping, chairman of Shanghai Wubo Steel Structural Materials Co., LTD., said in an interview with China Metallurgical News on M...Read more -
Steel pipe prices at the end of May weak adjustment
In April, rebar futures prices changed in mid-to-late March since the rise in volatility, to shock down. “51″ after the end of the holiday, rebar futures prices fell sharply again. After a week of consolidation in mid-May, rebar futures prices continued to fall and bottomed out on ...Read more -
Coke rigid demand to maintain a good price interval oscillation situation steel pipe manufactures
After experiencing nearly 20 trading days of trend decline, early raw material prices high drop risk has been effectively released. Last week (May 16 ~20, the same below), “double coke” (coking coal, coke) futures prices gradually stabilized, the overall trend was wide shock. Among...Read more -
More than expected rate cuts will help stabilize the second half of the steel market
On May 20th, the People’s Bank of China authorized the National Inter-bank Lending Center to announce that the latest LPR (loan market quoted interest rate) is: 1-year LPR is 3.7%, unchanged from the previous month; The five-year LPR was 4.45 per cent, down 15 basis points from 4.6 per cen...Read more -
Later iron ore prices or steady decline in the reasonable range
Five factors affect iron ore price trend According to industry analysis, later iron ore prices will be in a rational range, there are the following 5 factors to support. First, the overall trend of China’s steel production in the future will be stable in the trend of decline, the demand for...Read more -
A weekly review of the raw material market
Last week, the domestic raw material market performance of various varieties, affected by the epidemic, the overall finished product market transaction is general, iron ore prices fell as a whole; Coke, coking coal prices continue to rise; Ferroalloy, ordinary alloy prices have risen, special a...Read more -
Domestic scrap price shock up-steel pipe manufactures
Last week, domestic scrap price shock up, merchants shipping not smooth, less transaction; Steel demand is strong, inventory is generally low, pull up the price of goods suction sentiment. Average scrap purchase price of key steel enterprises compared with the previous week, heavy scrap prices ...Read more -
Steel pipe prices or will shock up
In the first quarter of this year, the supply and demand fundamentals of steel pipe are tight, and the overall price continues to rise, causing a large response in the steel industry. Industry analysis believes that in the high cost of hot metal and the support of the relevant national economic p...Read more -
Steel tube material analysis galvanized steel pipe manufactures
Last week, the performance of various varieties in the domestic raw material market was different. Affected by the epidemic, the transaction of the overall finished material market was general, and the price of steel pipe fell as a whole. Coke, coking coal prices continue to rise; Ferroalloy, o...Read more
