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...
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...
Overview: This week, black futures rose and then fell back, resulting in a cautious trading atmosphere. Internationally, the U.S. Q3 GDP growth rate was initially reported at 2.8%, below expectations,...
Overview: In mid-October, the seamless pipe market faced a weak supply-demand situation, with sluggish demand and considerable inventory pressure on manufacturers, limiting overall price increases.As ...
Overview: This week, the black commodities futures market experienced fluctuations and adjustments, with a pronounced sense of market caution. On the international front, the Eurozone's manufactur...
Overview: This week, the prices of black-series futures have significantly weakened, and the market trading atmosphere remains average, with cautious confidence among traders. On the international fro...
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...
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...
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...
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...