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...
Market OverviewSeamless pipe prices drifted lower this week, with the national average dipping 11 RMB/ton to 4,403 RMB/ton as downstream demand underperformed. While U.S. jobless claims rose to 223,00...
Market OverviewAs mid-March arrives, the steel market remains caught in a delicate balance: weekly consumption of five major steel products has surged to 9.07 million tons, a yearly high, yet 64% of t...
Concept of Hot Rolled Carbon Steel PlateHot rolled carbon steel plate is made from carbon steel continuous casting billets or initial rolled slabs as raw materials, which are heated to high temperatur...
High Carbon Steel Tubing is commonly referred to as tool steel, with a carbon content typically ranging from 0.60% to 1.70%. It possesses excellent hardness and wear resistance. Compared to mild steel...
Market OverviewThe seamless pipe market enters a critical transition phase, with mill inventories dropping 1.19 million tons weekly while social stocks creep upward (+0.12 million tons). Despite a 0.5...
As demand recovery continues to underperform expectations in recent years, China’s steel market has shown remarkable resilience despite persistent price fluctuations. With critical domestic policy me...
The arrival of March traditionally signals the beginning of peak steel demand season in China. However, against the backdrop of complex domestic and international economic conditions, coupled with dyn...
Steel plates, as one of the essential materials on construction sites, are widely used in the fabrication of various steel structures and welded components. When selecting the appropriate steel plates...
Executive SummaryPrice Trajectory: National average holds at 4,433 RMB/ton with 0.24% MoM dip in FebruaryCritical Catalysts:73.03% capacity utilization (+17.12pp YoY)572,260-ton annual export volume (...
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