Overview: This week saw fluctuations in futures markets and a gradual weakening in transaction volumes. Globally, the November Global Manufacturing Purchasing Managers' Index (PMI) showed a slight...
Overview: China's seamless pipe exports have consistently played a vital role in global demand, accounting for 15-18% of domestic production. From January to October 2024, exports showed a slight ...
Overview:This week, steel prices fluctuated slightly while iron ore prices remained relatively strong. Market sentiment was cautious.On the international front, U.S. national debt surpassed 36 trillio...
Overview: This week, prices in East China showed an overall downward trend, with merchant sales volumes gradually decreasing. In Shandong, hot-rolled pipe billet prices increased by ¥20/ton week-on-w...
Summary: This week saw narrow fluctuations in steel futures and moderate market sentiment. The rising U.S. dollar and offshore RMB hitting 7.25 added global uncertainty, while China's central bank...
Summary: This week, steel futures continued their downward trend, with weaker market sentiment and trading activity. Overseas, the strong U.S. economy and a robust dollar are limiting global commodity...
This year has been particularly challenging for the steel industry, especially for steel pipes, a product directly linked to demand in the real estate sector. Due to a stagnant property market, steel ...
Overview: This week, black futures fluctuated widely as strong macro expectations clashed with weak reality, increasing market uncertainty. Internationally, the U.S. presidential election concluded, a...
Overview: This week, black futures rose and then fell back, resulting in a cautious trading atmosphere. Internationally, the U.S. Q3 GDP growth rate was initially reported at 2.8%, below expectations,...
Overview: In mid-October, the seamless pipe market faced a weak supply-demand situation, with sluggish demand and considerable inventory pressure on manufacturers, limiting overall price increases.As ...
Overview: This week, the black commodities futures market experienced fluctuations and adjustments, with a pronounced sense of market caution. On the international front, the Eurozone's manufactur...
Overview:After the National Day holiday, the market opened with a sharp decline, weakening bullish sentiment. End users are purchasing based on demand, while some traders are cautiously raising prices...
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