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...
As demand recovery continues to underperform expectations in recent years, China’s steel market has shown remarkable resilience despite persistent price fluctuations. With critical domestic policy me...
The arrival of March traditionally signals the beginning of peak steel demand season in China. However, against the backdrop of complex domestic and international economic conditions, coupled with dyn...
On March 5, the third session of the 14th National People's Congress opened at the Great Hall of the People. President Xi Jinping and other national leaders attended the opening ceremony, while Pr...
I. Market Overview: Gradual Recovery with Cautious OptimismPrice Stability: National average price holds firm at 4,431 RMB/ton (28 major cities as of Feb 20)Futures-Driven Cost Pressures:Black commodi...