In May 2025, a delegation of industrial buyers from the Middle East conducted an on-site visit to the HXH Steel warehousing and storage facilities. In the steel export business, seeing is believing. T...
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...
Overview Post-holiday steel billet and pipe billet prices rose initially but later dipped, with partial market gains offset by slow construction activity due to seasonal rains. Weak futures and rising...
As April’s tepid demand and rising factory inventories weigh on the market, China’s seamless pipe sector braces for a challenging May. Despite marginal profit improvements and resilient exports, wea...
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....
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