OverviewSteel futures fluctuated this week amid muted trading activity and cautious sentiment. Key data for the five major steel products:Supply: 8.7584 million tons (+0.4% WoW).Total Inventory: 15.34...
This week, global and domestic economic dynamics continued to influence China’s steel market. Overseas, the European Central Bank cut interest rates by 25 basis points, while U.S. jobless claims rema...
OverviewSteel futures rebounded this week as markets digested macro developments. Globally, the U.S. paused tariffs on select nations (Nasdaq +12%), while China hiked tariffs on U.S. goods to 125%. U....
OverviewThis week, steel futures fluctuated at low levels, while raw materials showed relative strength. Market activity remained subdued, with traders adopting a cautious stance. Globally, the U.S. P...
OverviewIn early March, downstream demand continued to recover, driving improved seamless pipe market transactions, albeit dominated by low-price deals. Traders prioritized inventory clearance, while ...
OverviewThis week, steel futures prices fluctuated within a narrow range, with subdued trading activity and cautious market sentiment. Globally, economic and trade friction measures in January 2025 in...
Market OverviewSeamless pipe prices drifted lower this week, with the national average dipping 11 RMB/ton to 4,403 RMB/ton as downstream demand underperformed. While U.S. jobless claims rose to 223,00...
Concept of Hot Rolled Carbon Steel PlateHot rolled carbon steel plate is made from carbon steel continuous casting billets or initial rolled slabs as raw materials, which are heated to high temperatur...
High Carbon Steel Tubing is commonly referred to as tool steel, with a carbon content typically ranging from 0.60% to 1.70%. It possesses excellent hardness and wear resistance. Compared to mild steel...
Market OverviewThe seamless pipe market enters a critical transition phase, with mill inventories dropping 1.19 million tons weekly while social stocks creep upward (+0.12 million tons). Despite a 0.5...
Steel plates, as one of the essential materials on construction sites, are widely used in the fabrication of various steel structures and welded components. When selecting the appropriate steel plates...