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Overview Due to a significant increase in costs, traders stocked up heavily before the holiday, leading to a noticeable rise in seamless pipe prices in mainstream markets. Pipe factory profits underwe...
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Market Overview:During the National Day holiday, the transaction volume of seamless pipes in various regions slightly declined compared to pre-holiday levels. Most traders took turns for a 3-4 day bre...
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Overview: Following the U.S. Federal Reserve's interest rate cut, this week saw a series of favorable macroeconomic policies. These include domestic reserve requirement and interest rate cuts, alo...
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In August 2024, global billet across 71 countries tracked by the World Steel Association was 144.8 million tons, representing a 6.5% year-on-year decline.Billet by RegionIn August 2024, Africa’s crud...
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SummaryThis week, favorable macroeconomic news was released, but its impact on market confidence was limited, with overall average market transactions. Internationally, the U.S. Federal Reserve cut in...
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Definition of Seamless Pipe and Welded PipeSeamless pipe refers to steel pipes without seams, created through perforation and rolling of a steel bar's center. Welded pipe is a type of steel pipe ...
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Overview:This week saw a rebound in steel futures and a decrease in inventory across five major steel products. However, purchasing sentiment in the market remained lukewarm. Internationally, on Septe...
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Case Background:According to the China Trade Remedies Information website, on August 29, 2024, Brazil's Foreign Trade Secretariat published Announcement No. 46 of 2024 in its Official Gazette, dec...
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SummaryThis week saw a significant drop in steel futures prices, with inventories of the five major products continuing to decline and the overall market sentiment remaining bearish. On the internatio...
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Price ReviewSeamless Pipe: On September 3, the price of 108*4.5mm seamless pipe in the Linyi market remained stable, as did the price in the Liaocheng market. The Mysteel Seamless Pipe Price Index sto...
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In September 2024, a steel procurement team with operations in Nigeria and corporate headquarters in Dubai visited HXH Steel to discuss regional supply opportunities and long-term contract terms.Durin...
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Price ReviewSeamless Pipe: On August 28th, the price of 108*4.5mm seamless pipe in the Linyi market remained stable, while in the Liaocheng market, prices saw a slight increase. The Mysteel Seamless P...
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