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LME CFR Turkey scrap futures’ annual trading volumes soar to five-year high
Year-to-date CFR Turkey scrap future contracts’ trading volumes on the London Metal Exchange reached a five year-annual high of 4.32 million mt, latest data to July 21 showed. The LME CFR Turkey scrap futures’ trading volumes for the year up to July 21 totaled approximately 432,317 lo...Read more -
China’s June manufacturing steel demand improves; challenges remain
China’s monthly manufacturing steel demand rebounded in June but was still lower than a year ago, S&P Global Commodity Insights data showed. While construction-related manufacturing remained depressed, most of the other sectors showed improvement due to resilient exports and government ...Read more -
TRADE REVIEW: Asian iron ore may see bearish Q3 on weak steel demand, low margins
This report is part of the S&P Global Commodity Insights’ Metals Trade Review series, where we dig through datasets and digest some of the key trends in iron ore, metallurgical coal, copper , alumina, cobalt , lithium , and steel and scrap . We also explore what the next few months coul...Read more -
Europe HRC spread contracts 19% in June on sharply lower steel prices
The spread between European hot-rolled coil steel and raw materials prices in June contracted sharply to start to test steelmakers’ profitability, narrowing 19% from May as spot steel prices and demand weakened further. HRC prices continued to decline in June, at a faster pace, in their sec...Read more -
FLAT STEEL 2023-kallanish Kallanish
OVERVIEW The Ukraine war impact has derailed the post-Covid recovery in the global flat steel market, while China’s much anticipated demand rebound following the end of its zero-Covid policy is yet to materialise. Although inflation pressure and energy costs have eased since last year, steel-cons...Read more -
Extreme weather in China may impact iron ore, steel demand
The ongoing heat wave in northern China and heavy rainfall in eastern and southern China have affected work at a number of construction sites, which might impact steel and iron ore demand in the short term, market sources said. China’s domestic ports have recently seen active restocking as ...Read more -
Brazil ‘well-positioned’ as green hydrogen exporter to EU steel: speakers
From 2030 onwards, the cost of producing green hydrogen in Brazil is expected to fall significantly from new projects’ startup levels. In addition, by 2026 the EU’s Carbon Border Adjustment Mechanism should be fully in place, potentially making Brazilian steel exports to the EU more c...Read more -
ERW Pipe
ERW pipe is welded by steel trip. Widely used in the field of construction, low pressure of liquid transportation, scaffolds gas and petroleum products or structure use.Read more -
Square and Rectangular Pipe
Square and rectangular tube can be welded tube and seamless tube, surface can be paintes of anti rust oil or hot dip galvanized, it is used for machinery, processing, structure building, automobile manufacturing, shipbuiding, electric power etc. Standard：GB/T6728-2002,GB/T6725-2002, GBT3094-20...Read more -
Carbon-neutral “green steel” price premiums likely to be linked to carbon price: Brazil ABM seminar
Green steel price premiums are likely to be linked to carbon market prices, participants in a webinar on prospects for the green steel market organized by the Brazilian Association of Metallurgy, Materials and Mining (ABM) said May 31. Price premiums paid in the future for green steel products sh...Read more -
China’s slowing construction activity to keep steel markets under near-term pressure
The downtrend in China’s construction activity, which has been slowing since April due to a weaker-than-expected property sector, is expected to continue into June, keeping Chinese steel prices under pressure, industry sources said May 23. The weakness in the construction sector is expected...Read more -
Ferrous scrap, metallics markets gear up for low-emissions steel shift
Ferrous scrap markets are eying an increasingly broader role in steel sector decarbonization as a move to expand electric arc furnace steelmaking in Europe, North America and Asia gathers pace with a stronger need for high purity scrap and direct-reduced iron. Recycled steel scrap grades and meta...Read more
Win Road International Trading Co., Ltd
10 Years Manufacturing Experience
- jenny@winroad.net.cn
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