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Experienced a few years ago the supply side reform after the baptism, the domestic steel industry ushered in the great changes: environmental limit production normalized, speed up industry merger and reorganization, backward production capacity has been out, steel prices also achieved by before falling to modest now, steel mills to improve profitability, the optimization of […]

steel market hot news BaoSteel “high strength + light weight” auto steel to form “family brand” BaoSteel, a subsidiary of China’s baowu group, has become the first steel company in the world to offer the first, second and third generation of ultra-high-strength steel products.Its tensile strength of more than 1000 mpa for automotive lightweight high strength steel […]

The average price of 4.75mm hot coil in 24 major cities nationwide was 3,679 yuan/ton, down 6 yuan/ton from the previous trading day.Black commodity futures fell sharply yesterday, spot market shock is weak, early business offer slightly explore up, but up after the transaction is light, plus disk diving down, spot business mentality then weakened, […]

On October 15, The World Iron and Steel Association released the short-term steel demand forecast results for 2019 and 2020.China’s steel demand is forecast to grow 7.8 percent to 900.1 million tons in 2019, while the rest of the world’s demand is expected to grow 0.2 percent to 874.9 million tons. China’s steel demand is expected […]

Recently by Formosa steel plant hejing, India and Russia and other places under the impact of hot rolling prices, the international steel city is suffering from “turbulence attack”, resulting in the steel city “peak season is not flourishing”. In response, Sinosteel chairman Weng Zhaodong said that at present China, Japan and South Korea steel mills […]

Lange steel cloud business platform statistics released in September 2019 steel circulation industry PMI total index is 50.2, up 2.5 percentage points from the previous month.From the sub-index, the 10 sub-indexes that constitute the PMI of the steel circulation industry rose 5 points, 4 points fell 1 level, among which the sales volume, selling price, […]

Guide language: at present hebei area tube factory production limit strength is increased.Tangshan area pipe plant production limit of 50%, individual full stop;Handan, hengshui limit 30%.All medium heavy goods vehicles in north China will be restricted to odd-even license plates throughout the day. Raw materials, today tangshan narrow band more stable than yesterday, the market […]

September 23, rebar after last week after the strong rebound.Up to that day afternoon close, rebar main 2001 contract up 3.60% to 3510 yuan/ton.The main hot coil 2001 contract also rebounded, up 2.99% to 3509 yuan/ton.For the rise in the market, most market people have said that the main decline in steel inventory and environmental […]

Guide language: today’s domestic special steel market price leading region is stable.News surface, today the federal reserve announced the results of the second rate cut this year, the federal funds rate target range will be lowered by 25 basis points to 1.75% to 2%, the us economic growth is lower than the market expected, domestic […]

The latest news from the ministry of commerce: last week (September 2, solstice, 8) steel prices rose 0.6% month-on-month, ending six consecutive weeks of decline.Among them, the price of rebar, high-speed wire and ordinary plate is 3,974 yuan/ton, 4,103 yuan/ton and 4,103 yuan/ton respectively, which increased 0.9%, 0.9% and 0.3% respectively. Ministry of commerce believes […]

Since the beginning of September, there have been a lot of good news. Firstly, the resumption of china-us trade talks and the increase of counter-cyclical adjustment of macroeconomic policies in China have raised the expectation of infrastructure investment and continued monetary easing.In addition, the central bank announced on Friday evening to cut the reserve requirement […]

Entering the traditional consumption season in September, the prices of rebar, billet, plate and other steel products have risen.Scrap steel prices also appeared a larger increase, compared with the same period last year up by 10%;And this year’s rebar prices and scrap prices run in the opposite direction, down 17.2 percent from the same period […]

Source: China economic times Recently, the China iron and steel association released the operation of the steel industry in january-july, data show that in July, the growth rate of steel production slowed down significantly, steel prices are relatively stable, due to high raw material costs, steel enterprises benefit has declined.Experts believe that steel enterprises facing […]

Date: December 05, 2018 source: webmaster click: 23 times At present, the problem of excess production capacity of steel pipes in China is actually structural surplus. That is to say, some steel pipe products rush to oil pipes, especially oil and casing. Some experts estimate that the production capacity has reached 8 million tons, but […]

0n September first day , usher in a wave of big steel spot market prices, shagang down the price of building materials 160-250 yuan/ton, the rebar prices by 250 yuan/ton.Now the HRB400 Ф 16-25 mmrebar 3720 yuan/ton.On September 2th, steel rebar, plate screw and other building materials prices have also been reduced, including three rebar […]

VICE: last week domestic steel market price shock run.First of all, at present, the profit situation of production enterprises is relatively general, and the profit of some mixing and billowing enterprises is still poor. In addition, due to the fermentation of environmental limiting factors, it is difficult to improve the supply situation in the short […]

Looking into the future macro-economic trend, a new round of global economic recession is likely to break out, and its recession degree is likely to be greater than the last round of subprime mortgage crisis, thus causing monetary easing in various countries to exceed expectations, and China’s counter-cyclical adjustment to exceed expectations.The above three “beyond […]

My steel: last week the domestic steel market price shock to run weak.Judging from the environmental protection policy in August, the supply situation in the first half of the month could hardly be significantly reduced. Even though the current market price is weak, from the perspective of inventory resources in the overall market, the inventory pressure […]

Andre Gerdau Johannpeter, President of the world steel association, told the Brazilian steel association’s annual conference in Brasilia on Wednesday that global steel demand would continue to grow in the short term, but with great uncertainty ,as global demand growth is expected to slow.” Steel demand is at another inflection point that could be followed […]