Overview As China transitions from Grain in Ear to Autumn Commences, temperatures soar nationwide with increased rainfall. Southern regions enter the plum rain season while northern areas harvest whea...
Overview: Seamless pipe prices weakened further this week as major mills reduced prices to alleviate inventory pressure. Mill inventories continued rising, increasing production pressure, while trader...
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...
In June 2025, HXH STEEL successfully managed the vessel loading and maritime stowage for a combined shipment of Electro-Galvanized Coils (EG) and Stainless Steel Coils headed to Pakistan.Shipping EG a...
In June 2025, an overseas client visited our warehouse facility to conduct a personal, pre-shipment quality check on his steel coil order before it was loaded and trucked to the port. Instead of sendi...
Overview: Raw material prices diverged this week, with Shandong billet costs rising and further squeezing profits at billet-processing mills. Mill inventories continued accumulating, while orders for ...
Market OverviewThis week saw further declines in raw material costs and weaker market transactions. Pipe mills in Shandong reported thin profits and rising inventories, signaling growing supply-demand...
I. Macro Updates1. Domestic DevelopmentsDeposit Rate Cuts:Major Chinese banks, including Bank of China, ICBC, and China Construction Bank, announced reductions in RMB deposit rates on May 20–21. One-...
OverviewSteel and pipe billet prices declined this week amid slowing transactions, as rainy weather in southern China disrupted construction activity. Shandong mills faced shrinking profits and rising...
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...
Overview：Steel and pipe billet prices rose this week, but transaction growth slowed. Shandong mills saw slight profit improvements and inventory reductions, though demand remains muted. By May 16, the nat...
en 
