In the first half of this year, Chinese steel market continued to fluctuate and fell further. However, Chinese seamless steel pipe prices remained strong, the prices have rebounded since April of this year, hit a record high in the past five years. Due to the limits of production capacity of China’s environment policy in June, […]
It was reported that the price of Tangshan billet decreased by RMB40/ton on September 4th. The ex-factory price of carbon billet settled at RMB3,800/ton, with tax. The price of Tangshan billet was expected to fall slightly. Meanwhile, Jiangsu billet price rose by RMB70/ton. The price of 20MnSi was around RMB3,980~4,020/ton. The price of Jiangsu billet […]
It is reported that China’s steel exports are expected to drop further for 2017. According to the China Iron and Steel Association statistics showed that China’s steel exports totaled about 40.9939 million tons, fell by 28.24% compared with 16.1293 million tons the same period of last year. During January-June of this year, China’s crude steel […]
According to sources said that Brazilian flat slab steel export price continues to upward trend, due to the short supply of flat slab steel rather than demand side. Meanwhile, there were only three flat slab steel producers in Brazil, including AreclorMittal Tubaraoe, ThyssenKrupp CSA and CSP (Companhia Siderurgica do Pecem), accounting for 63% of the […]
Due to the international steel market has improved and China’s steel prices soared, Taiwan’s galvanized steel prices also increased. However, the demand remained weak, resulting the prices would not continue to push up for the fourth quarter of this year. Market participants pointed out that the galvanized market performance was not strong, mainly due to […]
European plate prices have also risen over the past two weeks, after rising international prices for raw materials and lumber, and the European Union’s boycott of hot-rolled panels in Brazil, Iran, Russia and Ukraine
China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for August. The company decided to hike its prices for hot rolled coil by RMB380/ton for August. After prices adjustment, the prices Q235 hot rolled coil with thickness of 5.5mm are at RMB4,030/ton, up by RMB380/ton; the prices of SPHC hot […]
According to the announcement of the sales performance for this second quarter from Severstal, a company mainly working in the steel and mining industry in Russia, the crude steel dropped by 1% to 2.83 million tons compared with this first quarter. In the second quarter of this year, the sales of Severstal’s steel products increased […]