In August 2024, global billet across 71 countries tracked by the World Steel Association was 144.8 million tons, representing a 6.5% year-on-year decline.Billet by RegionIn August 2024, Africa’s crud...
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...
Definition of Seamless Pipe and Welded PipeSeamless pipe refers to steel pipes without seams, created through perforation and rolling of a steel bar's center. Welded pipe is a type of steel pipe ...
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...
SummaryThis week saw a significant drop in steel futures prices, with inventories of the five major products continuing to decline and the overall market sentiment remaining bearish. On the internatio...
Price ReviewSeamless Pipe: On September 3, the price of 108*4.5mm seamless pipe in the Linyi market remained stable, as did the price in the Liaocheng market. The Mysteel Seamless Pipe Price Index sto...
Price ReviewSeamless Pipe: On August 28th, the price of 108*4.5mm seamless pipe in the Linyi market remained stable, while in the Liaocheng market, prices saw a slight increase. The Mysteel Seamless P...
Data from the General Administration of Customs shows that in July 2024, China exported 7.827 million tons of steel, a decrease of 918,000 tons from the previous month, down 10.5% month-on-month. From...
Seamless steel pipes can be used for transporting fluids (such as natural gas, oil, water, etc.), certain solid materials, and are also an economical steel material. Using steel pipes to make mesh fra...
OverviewThis week, black futures continued to perform weakly, with an increase in steel mill maintenance activities and a slight decrease in the social inventory of the five major products. Market con...
SummaryThis week, the price of hot-rolled billets in Shandong continued to decline, dropping by 40-90 yuan/ton over the week. Most mainstream seamless pipe factories in Shandong reduced their ex-facto...
Summary:In July, high temperatures persisted in both the northern and southern regions, leading to average market transactions and a decline in the average price of seamless pipes. The supply pressure...
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