Overview: May marked the transition from peak season to off-season. Post-holiday demand briefly increased after May Day but weakened significantly in mid-to-late May as market activity declined. Mills...
As China’s seamless pipe market grapples with persistent oversupply and weakening seasonal demand, prices are poised for a volatile Q2. With the monsoon season threatening to derail southern demand a...
OverviewChina’s seamless pipe exports reached a record high of 5.7211 million tons in 2024, marking a 1% year-on-year (YoY) increase. Despite escalating global trade tensions and tariff uncertainties...
As the traditional "Golden March, Silver April" season fades with underwhelming demand, Northwest China’s seamless pipe market faces muted momentum heading into May. Despite modest cost sup...
Amid escalating trade friction and tariff wars, China’s steel market has seen prices fall for three consecutive weeks, with the general steel price index dropping 2.94% in April—contrary to the trad...
Since March, black commodity futures have declined sharply. Rebar futures closed at RMB 3,088/ton on April 9 (-164/ton MoM), while hot-rolled coil fell to RMB 3,208/ton (-241/ton MoM). In contrast, se...
As global economic recovery falters and geopolitical tensions escalate, the steel industry—the backbone of national economies—has become a focal point of international trade disputes. From tariff fr...
OverviewChina’s seamless steel pipe exports have surged in recent years, surpassing 5 million tons annually, driven by domestic supply chain advantages and rising global demand. In 2024, exports hit ...
OverviewThe "Golden March and Silver April" period is traditionally a peak season for the steel industry. However, this year’s "Golden March" saw stable-to-weak trends in China’s...
Market OverviewAs mid-March arrives, the steel market remains caught in a delicate balance: weekly consumption of five major steel products has surged to 9.07 million tons, a yearly high, yet 64% of t...
en 
