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...
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...
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...
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