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Steel market ‘pulled up by violence’
TIME:2023-08-24
Steel city presents again “violent pull up”. The main reason is the iron and steel city “Tangshan environmental protection policy strict implementation” brings the iron and steel output substantial decline of the strong expectation landing. Since February 23 start Tangshan iron and steel enterprise as well as engineering like black i...
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Steel Market Trend
TIME:2023-08-23
First, strong growth in domestic demand. According to the government work report, the annual GDP growth rate is 2.3 percent, and the actual implementation result is expected to reach 8 percent. According to this estimate, the macroeconomic growth rate this year will increase by at least 5 percentage points. In addition, the government report als...
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Steel market pressure and support
TIME:2023-08-22
Pressure: Domestic demand peaking, liquidity and risk appetite falling China’s economic recovery has weakened and the economy is under pressure to slow down. We need to make good use of the period when there is less pressure to maintain steady growth. In the second half of this year, we may focus on structural adjustment and building long-...
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Steel industry profitability elasticity
TIME:2023-08-21
From the recent performance of steel market prices, spot market transactions before the Spring Festival is light, and because the winter storage price is higher than that in previous years, the market merchants lack of winter storage willingness; After the Spring Festival holiday, in the cost support strength and market demand of galvanized stee...
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Slack season market of steel pipe
TIME:2023-08-18
Within a week, the key cities five varieties of steel apparent consumption of 10.1613 million tons, week on week reduction of 383,700 tons, a decrease of 3.6%. With the decline in consumption of pre galvanized steel pipe, steel inventory continued to increase, five varieties of steel inventory total 21,537,500 tons, week on week increase of 436,...
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