Market OverviewChina's steel pipe market faces intensified cost pressures and narrowed profit margins. The traditional off-season in June-July revealed weaker-than-expected demand and excessive su...
Market OverviewPrices held steady in most markets this week, though hidden discounts emerged as Shandong mills trimmed offers by 10-50 RMB/ton. Mill inventories climbed 18k tons weekly, reflecting per...
Market OverviewThe first half of 2025 presented significant challenges for China's seamless pipe market, with prices declining 194 RMB/t (4.37%) from January levels. Producer margins compressed dr...
Market OverviewPrices held steady in most markets this week, though hidden discounts emerged as Shandong mills trimmed offers by 10-50 RMB/ton. Mill inventories climbed 18k tons weekly, reflecting per...
Market OverviewThe first half of 2025 presented significant challenges for China's seamless pipe market, with prices declining 194 RMB/t (4.37%) from January levels. Producer margins compressed dr...
Market OverviewMixed price movements emerged this week as northern markets declined while most regions held steady. Selected northern mills trimmed offers by 30-50 RMB/ton amid softening billet costs....
Market OverviewPrices edged up 13 RMB/t nationally amid selective mill hikes, though demand remained tepid. Production rose 0.75k tons as some plants resumed operations, while trader restocking slowed...
Market OverviewJuly witnessed a sustained rally in Chinese steel prices, with Shanghai Φ20 rebar soaring from 3,150 to 3,440 RMB/ton. Seamless pipe prices followed this upward trend with a lag, drive...
Market OverviewPartial price increases emerged as some mills raised offers, though billet costs retreated after initial gains. Ongoing mill maintenance reduced production, while higher-priced resource...
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