📉 6 Steel Mills Cut Prices, Spot Steel Prices Fall Below 3500, Steel Prices Continue to Weaken
📊 Steel Spot and Futures Price Summary
On July 10th, the domestic steel market fell. The Tangshan Qian'an general square billet ex-factory price including tax dropped by 20 to 3260 yuan/ton. In term...
🏭 Scrap Steel Purchase Prices Adjusted by 57 Steel Mills 📉
My Steel Network News: As of July 10th, by the time of writing, 57 steel mills have reduced their scrap steel purchase prices, while 1 has increased.
📊 Scrap Steel Price Adjustments by Region 📈
East China Region 🌏
On July 11th, Jiang...
📉 Baosteel Group's Factory Prices Mostly Down in August Amid Downstream Order Deviation and Increased Competitive Pressure
According to My Steel Network, in August, the ex-factory prices of Baosteel Group have largely been reduced based on the prices in July. This price adjustment is mainly t...
Import Iron Ore Market Outlook for the Second Half of 2024
The first half of 2024 witnessed a fluctuating trend in imported iron ore prices, which initially declined, then rebounded, and finally fell again, ending the period lower than at the beginning, reflecting a slight overall decrease. A...
📘 Analysis of the Changes and Impacts of the New National Standard for Ribbed Reinforcing Bars in Hot Rolling 📘
On June 25, 2024, the State Administration for Market Regulation and the Standardization Administration of China officially released the new national standard "Steel for Reinforced...
Coal and Coke Market Stability and Business Opportunities
The recent coal and coke prices have been running steadily. In the short term, how will the market change? As investors, practitioners, or researchers in the coal and coke industry, understanding the industry layout and the distributio...
2024 Mid-Year Performance Forecasts and Environmental Efforts in Nickel Mining
TISCO Turns Loss to Profit in the First Half of 2024
On July 9th, TISCO disclosed a performance forecast, predicting a turnaround from loss to profit for the period of January to June 2024. The net profit attributa...
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Stainless Steel Futures Market Volatility with Price Adjustments
Yesterday, the main contract of Shanghai nickel futures closed down by 820 yuan to 137,430 yuan/ton, and the main contract of stainless steel futures on the Shanghai Futures Exchange closed down by 235 yuan to 14,010 y...
Baogang's First Batch of Ultra-Long Wind Power Steel Successfully Delivered
In early July, Baogang Steel's wide and heavy plate production line successfully produced and delivered an ultra-long wind power steel with a length of 18.8 meters to customers. This marks the first batch production o...
High-Temperature Alloy Market - A 30 Billion Yuan Sector
Overview: Looking back at the price trend in the first half of this year, the stainless steel market operated with weak supply and demand, leading to a generally weak performance in prices. The balance of market supply and demand was...
Welcome to the Global Commodity Producers and Traders Conference
Tianjin is a city with a long history and a modern atmosphere, blending traditional culture with Western architectural styles, known as the "Museum of Nations' Architecture." It offers not only delicious food and beautiful scen...
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