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...
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%,...
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,...
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 ...