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Summary:This week, futures steel prices trended weak, with average market transactions.Global Context:U.S. December ADP employment report showed an increase of 122,000 jobs, below the forecast of 140,000,...
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In January 2025, customers from Pakistan visited the HXH Steel headquarters for a practical business meeting focused on carbon steel pipe sourcing and future project cooperation.During the office meet...
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Overview: Looking back at the seamless pipe market in 2024, prices remained relatively stable in the first quarter but declined after the Spring Festival. A slight rebound occurred in April-May, follo...
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cccOverview: This week, the steel market experienced fluctuations, with demand entering a seasonal lull and trade volumes declining. Globally, U.S. initial jobless claims dropped unexpectedly, while S...
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Summary: Reviewing November's seamless pipe price trends, the market showed a generally weak and fluctuating trajectory. The basic fundamentals reflected weak supply and demand, with low market ac...
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In December 2024, the HXH Steel warehouse team performed a final pre-shipment marking and spray-stenciling review on a batch of carbon seamless steel pipes scheduled for export to Vietnam.Before loadi...
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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...
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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 ...
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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...
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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...
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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...
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In November 2024, the overseas market team from Hangzhou Hotlink (Middle East division) visited HXH Steel. Rather than a standard factory tour, this meeting was an in-depth industry exchange between e...