OverviewChina’s seamless steel pipe exports have surged in recent years, surpassing 5 million tons annually, driven by domestic supply chain advantages and rising global demand. In 2024, exports hit ...
OverviewIn early March, downstream demand continued to recover, driving improved seamless pipe market transactions, albeit dominated by low-price deals. Traders prioritized inventory clearance, while ...
OverviewThe "Golden March and Silver April" period is traditionally a peak season for the steel industry. However, this year’s "Golden March" saw stable-to-weak trends in China’s...
OverviewThis week, steel futures prices fluctuated within a narrow range, with subdued trading activity and cautious market sentiment. Globally, economic and trade friction measures in January 2025 in...
Market OverviewSeamless pipe prices drifted lower this week, with the national average dipping 11 RMB/ton to 4,403 RMB/ton as downstream demand underperformed. While U.S. jobless claims rose to 223,00...
Market OverviewAs mid-March arrives, the steel market remains caught in a delicate balance: weekly consumption of five major steel products has surged to 9.07 million tons, a yearly high, yet 64% of t...
Concept of Hot Rolled Carbon Steel PlateHot rolled carbon steel plate is made from carbon steel continuous casting billets or initial rolled slabs as raw materials, which are heated to high temperatur...
High Carbon Steel Tubing is commonly referred to as tool steel, with a carbon content typically ranging from 0.60% to 1.70%. It possesses excellent hardness and wear resistance. Compared to mild steel...
Market OverviewThe seamless pipe market enters a critical transition phase, with mill inventories dropping 1.19 million tons weekly while social stocks creep upward (+0.12 million tons). Despite a 0.5...
As demand recovery continues to underperform expectations in recent years, China’s steel market has shown remarkable resilience despite persistent price fluctuations. With critical domestic policy me...
The arrival of March traditionally signals the beginning of peak steel demand season in China. However, against the backdrop of complex domestic and international economic conditions, coupled with dyn...
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