Americ Energy News
Off-Peak Season Characteristics Emerge, Deceleration of High-Price Areas in Construction Steel Accelerates
Entering June, influenced by weak demand and falling raw material prices, the price of construction steel has been on a downward trend. Especially since the l...
📊 Customs Data: China's Stainless Steel and Main Raw Material Import and Export Data for May 2024 and January-May 2024 📈
Summary of Stainless Steel Import and Export:
From January to May, China's stainless steel import volume accumulated to 97.66 million tons, and the export volume accumulat...
Iron Ore Index Price Expectations for July
Conclusion: In a survey of industrial enterprises regarding the July price index, 64% of iron ore industry companies believe that the average price for July will be higher compared to June's average of $106 (as of June 21st), while 35% expect a decr...
📉 Seasonal Lull Becomes Apparent, Price Decline of High-Priced Construction Steel Accelerates 📉
Mysteel News: As we enter June, influenced by weak demand and falling raw material prices, the price of construction steel has been on a downward trend, especially since the latter half of the mont...
Customs Data: China's Stainless Steel and Main Raw Material Import and Export Data for May 2024 and January-May 2024
During the period from January to May 2024, China's stainless steel import volume accumulated to 9.766 million tons, while the export volume reached 19.120 million tons.
Stain...
Global Stainless Steel Industry Developments
June 26, 2024
🏗️ The World's Largest EO Reactor S31803 Heat Exchanger Tubes Kick-off Meeting at Wujin Stainless Steel
On June 21st, the kick-off meeting for the world's largest EO reactor (manufactured by YiChong) using S31803 heat exchanger tube...
Accelerating the Update of Industrial Equipment with Multiple Measures
Source: CCTV News, Reporters: Zhu Jihua, Lin Shan
Since the introduction of the industrial equipment renewal plan two months ago, 24 provinces (autonomous regions, municipalities) across the country have issued specific i...
Eramet and BASF Cancel Joint Investment in Indonesia's Nickel and Cobalt Refinery Project
According to news on June 24, French mining company Eramet announced on Monday that it has decided together with Germany's BASF to cancel the joint investment project of $2.6 billion for the Weda Bay nic...
📉 Steel Prices Continue to Weaken as Six Mills Cut Prices and Billet Falls by 10 Yuan 📉
📊 Steel Spot and Futures Price Summary 📊
On June 24th, the domestic steel market prices fell weakly. Tangshan Qian'an's general square billet resources fell by 10 yuan, with the ex-factory tax included at...
Steel Market Prices Continue to Be Weak
Summary of Spot and Futures Steel Prices
On June 24th, the domestic steel market prices fell weakly, with Tangshan Qian'an's general square billet resources falling by 10 Yuan to 3,290 Yuan/tonne including tax upon ex-factory. The morning futures conti...
Weekly Observation of Steel Market: Off-Peak Weak Market – Policy Expectations Weaken, Supply and Demand Logic Strengthens
Last week's characteristics of the ferrous market were as follows: The driving force for the price increase of ferrous goods by macro (domestic and foreign) and pro...
Solar Thermal Power Developments and Industry Achievements
Jinchuan Group Successfully Develops GH3625 Alloy Strip for Solar Thermal Power Generation
According to Jinchuan Group Co., Ltd., in response to a significant scientific research project titled "Development and Industrialization o...