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  • 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, ...
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  • 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...
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  • 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 ...
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  • 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...
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  • 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...
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  • 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...
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  • 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...
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  • 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 ...
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  • 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...
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  • 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...
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  • A weekly review of the steel pipe raw material market

    Last week, the prices of various commodities in the domestic raw material market rose steadily. Due to the impact of the epidemic, transportation in many places in China was restricted, and the price of iron ore first fell and then rose. Coke, coking coal market overall stability; Ordinary allo...
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  • Domestic scrap market stable in strong operation

    China Scrap Iron and Steel Application Association Information Statistics Department Last week, the domestic scrap market is stable in strong operation, market resources are tight, steel mills, scrap processing base inventory is generally low, the willingness of merchants is strong. Average scra...
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