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The increase in domestic resources supply is predictable
TIME:2023-04-20
Since 2014, the output of domestic raw ore has been declining year by year. In 2018, the output slipped to a new low in nearly 10 years. But in recent years, as cold rolled steel pipe price continue to rise, stimulating the enthusiasm of domestic mines, the annual output has steadily recovered. Iron ore prices hit a record high in the first half...
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Supply and demand pattern
TIME:2023-04-19
With the passing of time, the characterization of the demand off-season is more and more prominent, the speed of building materials transaction and apparent consumption weakening gradually accelerated, the range of social inventory of rebar also accelerated correspondingly, the growth difference between supply and demand of Cold rolled Square St...
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Steel prices were affected
TIME:2023-04-18
emt pipe thinner factoryhot-rolled fluid pipesquare and rectanguler steel pipewelded square steel pipe china
China’s steel industry of structural steel pipe accounts for about 15% of the country’s carbon dioxide emissions and more than 60% of the global steel industry’s carbon emissions. It can be seen that the low-carbon transformation of the iron and steel industry is very important for China to achieve the “double carbon̶...
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Rebar rebound market
TIME:2023-04-17
Supply has been slow to pick up Because the demand of square steel tube for sale has not been fully started, the impact of the cost of steel bar is more obvious, the short-term price has fallen significantly. However, later with the end demand and destocking process open, rebar prices are expected to stop falling and rebound. After the Spring Fe...
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Rebar demand is off season
TIME:2023-04-16
Production may increase Last year’s crude steel output reduction was overachieved, falling by 3% from a record high, the first decline in six years, thanks to the Ministry of Industry and Information Technology’s pre-deployment and strong implementation. And a recent meeting of the Ministry of Industry and Information Technology did ...
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