2024,02,22

Steel traders expect the "Golden Three" steel market to recover

How will the steel market trend after the Spring Festival? Can the steel market pick up this year? These are the most talked about topics in the steel circulation field after the Spring Festival holiday. According to professional analysis, steel market prices will fluctuate slightly after the Spring Festival and are expected to gradually pick up in March. Entering March, the cold and hot-rolled coil sheet market is expected to pick up, and prices will gradually rise. Judging from the trajectory...

2024,01,23

The Red Sea crisis continues to heat up, and South American plate prices rise overall

On January 12, the United States and Britain jointly launched an attack on the Houthi armed forces in Yemen, which further escalated the conflict in the Red Sea region and continued to put pressure on cargo freight. In addition, China's mainstream export quotations increased month-on-month, driving the overall increase in South American plate import prices this week. Against this background, Brazil's National Steel Corporation (CSN) announced that it will increase the prices of hot-rolled...

2024,01,15

European hot coil buyers are actively seeking imports, and Indian steel mills are once again offering prices to Vietnam

This week, the ordinary steel coil export quotation of large domestic steel mills is temporarily stable, and the price is generally about $580-600 / ton FOB. The counter-offer price from Southeast Asian buyers was as low as $570 / ton CFR below, several orders were completed, and there was also a certain volume of new signed orders exported to the Middle East. Overseas hot roll coil quotation, Indian steel mills are making their first bid for Vietnam since July last year, prices are in the...

2023,10,05

Analysis of changes in steel pipe demand structure under the background of economic kinetic energy conversion

As the "blood vessels" of industry, steel pipes are an indispensable steel product in the market. The production and demand of steel pipes have begun to develop rapidly since the reform and opening up. As we enter the era of high-quality development, the production and apparent consumption of steel pipes have shown a certain shrinkage. After three years of epidemic prevention and control, the production and consumption of steel pipes have both increased. Big impact. As the first year of...

2023,09,16

China hot rolled coil market this week

This week, against the background of the overall weak downward trend of global plate prices, China's steel prices continued to rise. Due to the weakness of the external market, the driving effect of the increase in the FOB price of Chinese resources is relatively limited. The new transactions generated on the basis of the price increase in the second half of the week show that the Asian region has followed up. HRC export: Driven by strong raw material prices, stable control and macro...