News
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The price for steel items has been at the bottom level already
Today in the thick plate market prices slightly higher, most of the performance, demand has improved today. By the end of the close, the main futures market has risen, although the margin is not large, but the market pessimism has changed, the spot market trading slightly improved, spot prices at...Read more -
From the overseas environment, global inflationary pressure continued to climb in June, aggravating the volatility of international capital markets and commodity markets. At the same time, the over...
According to the latest customs statistics, In May 2022, China exported 320,600 tons of welded pipes, an increase of 45.17% over the previous month; Imported welded pipe 10,500 tons, 18.06% lower than last month; Net exports of welded pipes were 310,000 tons, up 32.91% from the previous month. Fr...Read more -
Cold-drawn seamless steel pipe market valued at USD 22.34 billion
April 25, 2022 07:18 ET | Source: Meticulous Market Research Pvt.Ltd. Meticulous Market Research Pvt.limited company REDING, Calif., April 25, 2022 (GLOBE NEWSWIRE) — According to a report titled “Cold Drawn Seamless Steel Pipe Market Standards (ASTM A179, ASTM A511, ASTM A213, ASTM A...Read more -
China Baowu was jointly reorganized by the former Baosteel Group Co., LTD and Wuhan Iron and Steel (Group) Co., LTD.
China Baowu was jointly reorganized by the former Baosteel Group Co., LTD and Wuhan Iron and Steel (Group) Co., LTD. It was inaugurated on December 1, 2016. Chinese treasure force the “aircraft carrier” steel is put forward, at the start of the sail as pilot enterprises of the state-o...Read more -
The two sides discussed and exchanged views on strengthening industry-university-research cooperation, transformation of scientific and technological innovation achievements, and paths to achieve c...
Bao Xinhe, academician of Chinese Academy of Sciences, President of University of Science and Technology of China and director of Carbon Neutrality Institute, led a team to visit Nansteel. The two sides discussed and exchanged views on strengthening industry-university-research cooperation, trans...Read more -
The local steel industry does not seem satisfied with this sudden surprise
The local steel industry does not seem satisfied with this sudden surprise. Jindal Steel and Power (JSPL), India’s fifth largest crude Steel producer, may be forced to cancel orders to European buyers and suffer losses after an overnight decision to impose export duties on Steel products, m...Read more -
Steel is a basic material with rigid demand. But at present, resource bottleneck and environmental pressure are becoming more and more intense to the development of iron and steel substantial const...
On May 30, the Ministry of Finance issued the “Opinions on Financial Support to Achieve Carbon Neutrality at peak Level”, specifying six key directions and areas for financial support, among which green and low-carbon transformation in key industries is one of them. Under the support ...Read more -
Throughout the recent trend of steel prices, coupled with futures shock fell, the spot market transaction is tepid, has gradually weakened in the near future
Throughout the recent trend of steel prices, coupled with futures shock fell, the spot market transaction is tepid, has gradually weakened in the near future. Coupled with the repeated fluctuations of the epidemic, trading in many places is restricted, and the time left for the peak season is run...Read more -
China’s steel industry still needs to maintain a certain scale in the process of China’s industrialization and urbanization
After reading Xi’s letter, I felt very kind and encouraged.” Of CPC Central Committee general secretary and state President and central military commission President xi jinping write back to the old professor of Beijing university of science and technology, the CPPCC national committe...Read more -
agency data showed India’s crude steel production in fiscal 20201/22 (ending March 2022) grew by 16% year-on-year
For steel, to hit a record high of 120 million tonnes, surpassing the all-time high of 111 million tonnes in fiscal 2018/19. India is the world’s second largest steel producer with a large population that requires large amounts of steel to build infrastructure for residential transportation...Read more -
Recent timber production increased steadily
Today, the main contract fell high, Shanghai thread rose 30 yuan/ton to 4930 yuan/ton, Shanghai hot volume held steady at 4840 yuan/ton. Thread 10 contract, Yong ‘an futures buy positions reduced 14370 hands, sell positions reduced 2075 hands; In the top 20 futures companies, positions held...Read more -
This year, China continues to implement the policy of reducing crude steel output to curb the rapid growth of crude steel output, which is conducive to the balance between supply and demand in the ...
This year, China continues to implement the policy of reducing crude steel output to curb the rapid growth of crude steel output, which is conducive to the balance between supply and demand in the steel industry. And the market demand “peak season is not prosperous”, to the operation ...Read more
