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...
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...
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...
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...
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...
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...
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 ...
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 ...
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