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Sep 8: Local steel market price is stable , some steel product price reduce a little.
On September 8, the domestic steel market fluctuated weakly, and the ex-factory price of Tangshan billet remained is stable at 5120 yuan/ton($800/ton). Affected by the drop in steel futures, the trading volume in the morning was average, some merchants cut prices and shi...Read more -
The exports and local rebar prices of Turkey fell
Due to insufficient demand, falling billet prices and the decline in scrap import, Turkish steel mills have reduced the price of rebar to domestic and foreign buyers. Market participants believe that the price of rebar in Turkey may become more flexible in the near futur...Read more -
September 7: Local market steel prices generally rose
On September 7, the domestic steel market prices were dominated by price increases, and the ex-factory price of ordinary steel billets in Tangshan rose by 20yuan(3.1usd) to 5,120 yuan/ton(800usd/ton). Today, the black futures market is rising across the board, and the bu...Read more -
Sep6: Most steel mills raise prices, billet rises to 5100RMB/Ton(796USD)
On September 6, the domestic steel market price mostly rose, and the ex-factory price of Tangshan ordinary billet rose by 20yuan(3.1usd) to 5,100 yuan/ton (796USD/Ton). On the 6th, the coke and ore futures rose strongly, and the main contracts for coke and coking coal hi...Read more -
Australia’s coking coal prices rise by 74% in the third quarter
Due to weak supply and year-on-year increase in demand, the contract price of high-quality hard coking coal in Australia in the third quarter of 2021 increased month on month and year-on-year. In the case of limited export volume, the contract price of metallurg...Read more -
September 5: Stepping into the “Golden September”, the changes in consumption month-on-month will gradually improve
This week(August30-September5), the mainstream price of the spot market fluctuated strongly. Driven by the sentiment of the financial market and the overall supply reduction of steel enterprises, the pressure on the spot market's inventory resources was relatively small....Read more -
The import of scrap steel in Turkey was stable in July, and the shipment volume from January to July exceeded 15 million tons
In July, Turkey's interest in scrap import remained strong, which helped to consolidate the overall performance in the first seven months of 2021 with the increase of steel consumption in the country. Although Turkey's demand for raw materials is generally strong, the st...Read more -
Sep2:Coke prices rose another 200yuan/ton, and steel prices fluctuated but at a rising trend strongly
On September 2, most of the domestic steel market rose slightly, and the ex factory price of Tangshan ordinary square billet rose 20 to 5020 yuan / ton. Today, the "double focus" futures rose sharply, boosting market sentiment, the trading volume of the steel market pick...Read more -
September 1: 9 steel mills areready for Blast furnace maintenance, iron ore fell price by more than 7%, and steel prices fell a little
On September 1, the domestic steel market fell, and the ex factory price of Tangshan billet fell 20 to 5000 yuan / ton. The speculative demand of the market entered the market cautiously, the transaction of high-priced resources was blocked, and the transaction of low-pr...Read more -
August 31: Steel billet price at 5000RMB/Ton, iron ore price fell 5%, and the rising rate of steel price slowed down
On August 31, the domestic steel market price mainly increased, and the ex factory price of Tangshan ordinary billet increased by 30 to 5020 yuan / ton. In early trading today, most businesses continued to rise slightly, but the steel futures market opened high and went ...Read more -
August 30: Billets are approaching 5,000RMB/Ton, steel prices generally rose
On August 30, the domestic steel market price generally rose, and the ex-factory price of billet rose by 40yuan to 4,990 yuan/ton. Today's steel futures market is rising strongly, the market mentality is biased, and the steel spot market volume and price are rising. ...Read more -
Local steel market price rise and market situation from 22th-29th August
This week(22-29th August), the mainstream prices in the spot market fluctuated and rose as a whole. Generally speaking, the market turnover improved slightly, and the inventory of various varieties continued to decline slightly. At the same time, in view of the impact of...Read more