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Since late November 2021, the iron ore market has continued to fluctuate upwards, with an increase of more than 40% in the range. According to the monitoring data of Lange Steel Cloud Business Platform, as of January 13, 2022, the Platts iron ore price index was US$128/ton, an increase of US$40.8... Read More
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Black series night trading futures closed up across the board, coking coal rose 2.43%, iron ore rose 2.05%, hot-rolled coil rose 1.97%, rebar rose 1.89%, coke rose 1.47%, and thermal coal rose 1.27%. Steel Market [Construction Steel] The building materials market fluctuated within a narrow range on ... Read More
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Yesterday, the two major mines in Brazil issued announcements saying that the heavy rains in recent days have caused the suspension of services in some railway sections and production in all operating areas. Among them, Brazil's largest mine, Vale, announced that due to heavy rainfall in Minas ... Read More
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Recently, the steel market has turned upward and downward, and steel prices have fluctuated. On January 7, regarding the trend of steel prices before the Spring Festival, a reporter from China Metallurgical News interviewed Li Xuri, general manager of Zhangxuan Hi-Tech Longxiang Development Company. ... Read More
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Disturbances in the futures market have a great impact on spot prices in Changsha, and prices are more supportive in the short term. In 2021, the national production limit will exceed 40 million tons, and policy interference in 2022 may be reduced. It will be difficult for the steel industry to have ... Read More
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As market conditions improve and demand becomes stronger, manufacturing production activities will accelerate expansion in December 2021. The Caixin China Manufacturing PMI for December 2021 announced on January 4 recorded 50.9, a 1.0 percentage point increase from November, and the highest value ... Read More
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Bureau of Statistics: The prices of some commodities have dropped significantly, and the manufacturing industry's prosperity level has rebounded for two consecutive months In December, the manufacturing purchasing manager index and non-manufacturing business activity index were 50.3% and 52.7%, ... Read More
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Factors affecting steel prices The blast furnace shutdown and resumption of production in December and the plan for resumption of production in January In early December, Tangshan City launched a Class II emergency response to severely polluted weather. In order to do a good job in preventing and ... Read More
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The release effect of the current favorable policies has weakened, the futures volatility has been adjusted, the spot market price has risen and then fell, the overall market transaction is sluggish, and the temperature in the north has fallen, the progress of downstream outdoor construction ... Read More
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[Construction Steel] The building materials market stopped falling and stabilized on the 23rd. The average price of rebar in major cities was RMB 4,875/ton, down RMB 13/ton from the previous trading day. The snails fluctuated and rose. The closing price of the main contract was RMB 4,479/ton, which ... Read More
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