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,...
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...
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...
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...
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...
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...
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