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 ...
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...
OverviewThis week, steel futures prices fluctuated within a narrow range, with subdued trading activity and cautious market sentiment. Globally, economic and trade friction measures in January 2025 in...
Market OverviewSeamless pipe prices drifted lower this week, with the national average dipping 11 RMB/ton to 4,403 RMB/ton as downstream demand underperformed. While U.S. jobless claims rose to 223,00...
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 
