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 (...
On March 5, the third session of the 14th National People's Congress opened at the Great Hall of the People. President Xi Jinping and other national leaders attended the opening ceremony, while Pr...
I. Market Overview: Gradual Recovery with Cautious OptimismPrice Stability: National average price holds firm at 4,431 RMB/ton (28 major cities as of Feb 20)Futures-Driven Cost Pressures:Black commodi...
OVERVIEW:This week, the black futures market saw a strengthening trend, with upstream raw material prices increasing, leading to improved market sentiment. Overseas, expectations for a U.S. Federal Re...
Overview: Against the backdrop of weak demand before and after the 2025 Spring Festival, most nationwide seamless pipe traders are feeling pessimistic. Although futures have rebounded recently, the la...
Market OverviewThis week, black metal futures fluctuated, and the cost side showed signs of weakening. On the international front, U.S. President Trump signed a memorandum requiring relevant departmen...
OverviewIn the first week after the holiday, black-series futures prices fluctuated and strengthened, while upstream raw material prices experienced slight adjustments. Internationally, U.S. President...
As the second week of January unfolded, domestic seamless pipe transactions noticeably decreased, accompanied by a slight drop in average prices. The market experienced a simultaneous decline in both ...
Overview:Looking back at the seamless pipe market performance in 2024, in the context of insufficient domestic demand, seamless pipe prices declined significantly, industry profits narrowed, and marke...
SummaryThis week, steel futures prices fluctuated upward, and the market has entered the seasonal demand off-season.Global Context:The U.S. December 2024 retail sales growth rate was recorded at 0.4%,...
Steel pipes, often called the "veins" of industrial sectors, play a vital role in construction, energy, machinery manufacturing, and other critical industries. Their supply and demand dynami...
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