Executive SummaryPrice Trajectory: National average holds at 4,433 RMB/ton with 0.24% MoM dip in FebruaryCritical Catalysts:73.03% capacity utilization (+17.12pp YoY)572,260-ton annual export volume (...
OVERVIEW:This week, the black futures market saw a strengthening trend, with upstream raw material prices increasing, leading to improved market sentiment. Overseas, expectations for a U.S. Federal Re...
Market OverviewThis week, black metal futures fluctuated, and the cost side showed signs of weakening. On the international front, U.S. President Trump signed a memorandum requiring relevant departmen...
OverviewIn the first week after the holiday, black-series futures prices fluctuated and strengthened, while upstream raw material prices experienced slight adjustments. Internationally, U.S. President...
SummaryThis week, steel futures prices fluctuated upward, and the market has entered the seasonal demand off-season.Global Context:The U.S. December 2024 retail sales growth rate was recorded at 0.4%,...
Summary：This week, futures steel prices trended weak, with average market transactions.Global Context:U.S. December ADP employment report showed an increase of 122,000 jobs, below the forecast of 140,000,...
Summary: Reviewing November's seamless pipe price trends, the market showed a generally weak and fluctuating trajectory. The basic fundamentals reflected weak supply and demand, with low market ac...
Overview: This week saw fluctuations in futures markets and a gradual weakening in transaction volumes. Globally, the November Global Manufacturing Purchasing Managers' Index (PMI) showed a slight...
Overview: China's seamless pipe exports have consistently played a vital role in global demand, accounting for 15-18% of domestic production. From January to October 2024, exports showed a slight ...
Overview:This week, steel prices fluctuated slightly while iron ore prices remained relatively strong. Market sentiment was cautious.On the international front, U.S. national debt surpassed 36 trillio...
Overview: This week, prices in East China showed an overall downward trend, with merchant sales volumes gradually decreasing. In Shandong, hot-rolled pipe billet prices increased by ¥20/ton week-on-w...
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