• page-banner2
  • page-bannner

Industry news

  • China’s government plans to increase tariffs on steel products to control exports

    China’s government plans to increase tariffs on steel products to control exports

    The Chinese government has removed and reduced export rebates on most steel products since May 1. Recently, the Premier of the State Council of China emphasized ensuring the supply of commodities with stabilizing process, implementing the relevant policies such as raising export tariffs on some...
    Read more
  • China Iron ore price index on May 19

    China Iron ore price index on May 19

    Read more
  • China’s iron ore price index decreases on May 14

    China’s iron ore price index decreases on May 14

    According to the data from China Iron and Steel Association (CISA), China Iron Ore Price Index (CIOPI) was 739.34 points on May 14, which was down by 4.13% or 31.86 points compared with the previous CIOPI on May 13. The domestic iron ore price index was 596.28 points, rising by 2.46% or 14.32 p...
    Read more
  • Tax rebate policy may be difficult to quickly restrain the export of steel resources

    Tax rebate policy may be difficult to quickly restrain the export of steel resources

    According to the analysis of “China Metallurgical News”, the “boots” of steel product tariff policy adjustment finally landed. As for the long-term impact of this round of adjustments, “China Metallurgical News” believes that there are two important points. &...
    Read more
  • Chinese steel market prices rise on overseas economic recovery

    Chinese steel market prices rise on overseas economic recovery

    The overseas economic rapid recovery gave rise to the strong demand for steel, and the monetary policy to boost the steel market prices has risen sharply.Some market participants indicated that the steel prices have gradually risen due to the overseas steel market’s strong demand in the fir...
    Read more
  • World Steel Association releases short – term steel demand forecast

    World Steel Association releases short – term steel demand forecast

    Global steel demand will grow 5.8 percent to 1.874 billion tons in 2021after falling 0.2 percent in 2020. the World Steel Association (WSA) said in its latest short-term steel demand forecast for 2021-2022 released on April 15.In 2022, global steel demand will continue to grow by 2.7 percent to r...
    Read more
  • China’s low steel inventory may affect downstream industries

    China’s low steel inventory may affect downstream industries

    According to the data showed on March 26, China’s steel social inventory fell by 16.4% compared with the same period last year. China’s steel inventory is declining in proportion to production, and at the same time, the decline is gradually increasing, which shows the current tight s...
    Read more
  • The steel price trend has changed!

    The steel price trend has changed!

    Entering the second half of March, high-price transactions in the market were still sluggish. Steel futures continued to fall today, approaching the close, and the decline narrowed. The steel rebar futures were significantly weaker than the steel coil futures, and the spot quotations has signs of...
    Read more
  • China’s Foreign Trade Imports and Exports are growing for 9 consecutive months

    China’s Foreign Trade Imports and Exports are growing for 9 consecutive months

    According to customs data, in the first two months of this year, the total value of my country’s foreign trade imports and exports was 5.44 trillion yuan. An increase of 32.2% over the same period last year. Among them, exports were 3.06 trillion yuan, a year-on-year increase of 50.1%; impo...
    Read more
  • Analyses of Steel market condition

    Analyses of Steel market condition

    My steel: Last week, the domestic steel market prices kept going strong. First of all, from the following points, first of all, the overall market remains optimistic about the progress and expectations of the resumption of work after the holiday, so prices are rising rapidly. At the same time, mo...
    Read more
  • inform

    inform

    Today’s steel prices continue to rise, due to the recent market prices rise too fast, resulting in the overall trading atmosphere is lukewarm, only low resources can be traded, high prices trading weakness.However, most merchants are optimistic about the future market expectation, and the p...
    Read more
  • China’s steel imports may continue increasing sharply this year

    China’s steel imports may continue increasing sharply this year

    In 2020, facing the severe challenge caused by Covid-19, the Chinese economy maintained a stable growth, which has provided a good environment for steel industry development. The industry produced over 1 billion tons of steel during the past year. However, China’s total steel production would be...
    Read more
  • January 28 national steel real – time prices

    January 28 national steel real – time prices

    Today’s steel prices remain stable. The performance of black futures was poor, and the spot market remained stable; lack of kinetic energy released by demand restrained prices from continuing to rise. Steel prices are expected to be weak at a short-term. Today, the market price rises in ac...
    Read more
  • 1.05 billion tons

    1.05 billion tons

    In 2020, China’s crude steel production exceeded the 1 billion tons . According to data released by the National Bureau of Statistics on January 18, China’s crude steel output reached 1.05 billion tons in 2020, an increase of 5.2% year-on-year. Among them, in a single month in Decembe...
    Read more
  • Forecast: Continue to rise!

    Forecast: Continue to rise!

    Tomorrow Forecast At present, my country’s industrial production remains vigorous. The macro data is positive. The black series futures rebounded strongly. Coupled with the impact of the rising billet end, the market is still strong. The low-season traders are cautious in ordering. After th...
    Read more
  • China crude steel output in the first ten month of 2020 is 874 million tons, a year-on-year increase of 5.5%

    China crude steel output in the first ten month of 2020 is 874 million tons, a year-on-year increase of 5.5%

    On November 30, the National Development and Reform Commission announced the operation of the steel industry from January to October 2020. The details are as follows: 1. Steel production keeps growing According to the National Bureau of Statistics, the national pig iron, crude steel, and steel pr...
    Read more
1234 Next > >> Page 1 / 4