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