China’s economic data in the first quarter were better than expected, with positive factors on the rise, especially the performance of industrial added value and real estate investment. China’s GDP totaled 2.1343.3 trillion yuan in the first quarter, up 6.4 percent year on year, better than the 6.2 percent widely expected, according ...

There are currently large inventories of structural steel pipe in most markets and steel mills and there are still more resources in transit after last week, so even though most of the end demand has resumed after the Lantern Festival, the increase in spot prices is still subject to the pressure of increased inventories. Second, most of the busi...

Since 2019, the downward trend of steel industry is obvious. Data show that from August 19 to August 23, the steel index closed at 3960 yuan/ton on Friday, flat on the week.Data monitored by the spot trading platform showed that as of August 23, the average price of 25mm grade 3 rebar in 61 major markets across the country was 3951 yuan/ton, dow...

The total profit of 35 listed steel pipe suppliers monitored by Lange steel research center in the first half of 2019 exceeded 32.81 billion yuan, down 38.2% year on year. Among them 34 enterprises maintain profit, only 1 enterprise has a loss. The top three enterprises were baosteel, valin and minguang, with net profits of 6.19 billion yuan, 2....

In the process of enterprise development, from small to large, from domestic to foreign, each stage of development should have appropriate business philosophy and development strategy, which is a process of constant adjustment and optimization.The same goes for risk management — be realistic and keep pace with The Times. In the past, we de...