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...
As the second week of January unfolded, domestic seamless pipe transactions noticeably decreased, accompanied by a slight drop in average prices. The market experienced a simultaneous decline in both ...
Overview:Looking back at the seamless pipe market performance in 2024, in the context of insufficient domestic demand, seamless pipe prices declined significantly, industry profits narrowed, and marke...
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%,...
Steel pipes, often called the "veins" of industrial sectors, play a vital role in construction, energy, machinery manufacturing, and other critical industries. Their supply and demand dynami...
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,...
Overview: Looking back at the seamless pipe market in 2024, prices remained relatively stable in the first quarter but declined after the Spring Festival. A slight rebound occurred in April-May, follo...
cccOverview: This week, the steel market experienced fluctuations, with demand entering a seasonal lull and trade volumes declining. Globally, U.S. initial jobless claims dropped unexpectedly, while S...
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...