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Since the beginning of this year, various ministries and commissions have stepped up the implementation of the policy of stabilizing growth, and carried out infrastructure investment in a moderately advanced manner based on major national strategic deployments and the "14th Five-Year Plan". The ... Read More
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In March 2022, the overall PMI index of the steel circulation industry was 52.4%, an increase of 3.2 percentage points from the previous month. From the perspective of sub-indices, the 10 sub-indices that constitute the PMI of the steel circulation industry increased 7 and decreased 3. Among them, 7 ... Read More
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According to statistics from the Bureau of Statistics, my country's total steel output in 2021 will be 1.337 billion tons, and the export volume will be 66.9 million tons, accounting for 5% of the output. Among the export destinations, Southeast Asia, South America, Africa, the Middle East and other ... Read More
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The social inventory of steel continued to decline, while the demand side showed obvious signs of improvement. Industry insiders predict that in the short term, the domestic steel market will face a situation of gradually increasing supply and recovery of demand, and steel prices will rise slightly. ... Read More
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China's steel market is off to a solid start this year. According to statistics, the national steel market demand increased steadily in the first two months, while the supply and demand decreased significantly, and the social inventory fell. Because of the improvement of supply and demand relationsh... Read More
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1. From the perspective of industrial scale China's stainless steel production has been showing a steady growth trend, and the global share has remained above 50% for many consecutive years. Affected by the epidemic in 2020, foreign stainless steel mills have reduced production, but China's economy ... Read More
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Steel Market [Construction steel] The market price of building materials fell slightly on the 10th. The average price of rebar in major cities was 4,954 yuan/ton, down 54 yuan/ton from the previous trading day. The futures thread fluctuated and fell. The closing price of the main contract was 4896 ... Read More
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The steel market, which has been sluggish since the fourth quarter of 2021, has continued to pick up in the near future. As of the afternoon close of domestic futures markets on January 20, iron ore and rebar futures closed at 742 yuan/ton and 4,713 yuan/ton respectively, with monthly increases of ... Read More
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Steel Market [Construction Steel] The building materials market fluctuated slightly on the 19th. The average price of rebar in major cities was 4,798 yuan/ton, up 9 yuan/ton from the previous trading day. The screw thread fluctuated higher, with the closing price of the main contract at 4,713 yuan... Read More
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On January 5, the American Iron and Steel Institute (AISI) quoted the U.S. Department of Commerce's steel product import monitoring data to predict that in 2021, the annual import volume of U.S. steel will be 32.626 million tons, a year-on-year increase of 48.2%. In December 2021, the total number ... Read More
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