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October27: Steel prices continue to depreciate
The futures of coking coal, coke, thermal coal prices fell to the limit, billet prices fell by 60yuan/ton($9.5/ton), and steel prices plummeted. On October 27, the domestic steel market price fell, and the ex-factory price of Tangshan steel billet fell by 60yuan/yon($9.5...Read more -
October 25: China market steel price reduce
On October 25, the domestic steel market price fell, and the ex-factory price of Tangshan ordinary billet was stable at 4990 yuan/ton($785/ton). In the afternoon of this day, with the decline in the steel futures market, purchases deteriorated significantly, speculative ...Read more -
Ukraine’s exports quantity of cast iron increased by nearly a third in the third quarter
Ukrainian exporters increased their commercial cast iron supply to foreign markets by nearly one third from July to September. On the one hand, this is the result of increased supply by the largest commercial cast iron producer at the end of spring maintenance activities...Read more -
October 18:Most steel mills reduce prices , thermal coal and coke rose to the limit, and steel prices generally fell
On October 18, the domestic steel market generally fell, and the ex-factory price of Tangshanpu's billet remained stable at 5200 yuan/ton($812/ton). On the 18th, 12 domestic steel mills reduced the ex-factory price of construction steel by RMB 30-80/ton($4.7/ton-$12.5/to...Read more -
Malaysia imposes anti-dumping duties on cold rolled coils from China, Vietnam and South Korea
Malaysia imposes anti-dumping duties on cold rolled coils from China, Vietnam and South Korea Malaysia imposed anti-dumping duties on cold-rolled coils imported from China, Vietnam and South Korea to protect domestic producers from unfair imports. According to official d...Read more -
October 15: Local steel market price and analysis
Steel mills cut prices on a large scale, and steel prices fluctuate repeatedly On October 14, the domestic steel market oscillated, and the ex-factory price of ordinary billet was stable at RMB 5,250/ton($820/ton). Steel spot market Construction Steel: On October 14, th...Read more -
October12: Steel mills in southern China resume production, futures steel fell more than 4%, steel prices may continue to be weak
On October 12, the domestic steel market price fell, and the ex-factory price of Tangshan ordinary billet fell 30 yuan($4.7/ton) to 5,300 yuan/ton($828/ton). Construction Steel: On October 12, the average price of 20mm Class III seismic rebar in 31 major cities of China ...Read more -
October10：There is still a lack of steel supply, and the price of steel will still fluctuate next week but in a rising trend
This week, the mainstream prices in the spot market fluctuated as a whole and tended to increase, and the market showed a pattern of weak supply and demand. The short-term market is optimistic. Cold rolled steel coil: As the raw material of galvanized steel coil...Read more -
Oct8: Steel billet price rose by 100 yuan/ton($15.6/ton) in 8 days, and the steel market has a good start in October
Steel spot market Construction steel: On October 8, the average price of 20mm three-level seismic rebar in 31 major cities of China was 6,023 yuan/ton($941/ton), an increase of 98 yuan/ton($15.3/ton) from the previous trading day. Since the current spot price is already ...Read more -
Sep29：19 steel mills all raise prices, steel prices is rising strongly
On September 29, the domestic steel market mainly rose, and the ex-factory price of Tangshan billet rose by 20yuan($3/ton) to 5,210 yuan/ton($826/ton). In terms of trading volume, the pre-holiday stocking demand decreased compared with the previous two days. Steel spot m...Read more -
Global steel production declined due to the declined production of China
Due to China's decision to keep this year's steel production at the same level as that in 2020, global steel production decreased by 1.4% year-on-year to 156.8 million tons in August. In August, China's crude steel output was 83.24 million tons, a year-on-year d...Read more -
Sep27：More limitation of steel production and electricity, steel prices are turning to the rising trend
On September 27, the domestic steel market price mainly increased, and the ex-factory price of Tangshan ordinary billet remained stable at 5190 yuan/ton($810/ton). Steel spot market Construction steel: On September 27, the average price of 20mm three-level seismic rebar ...Read more
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