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News

Steel traders: the second half of the steel market is not optimistic

Steel traders: the second half of the steel market is not optimistic

Since the beginning of September, there have been a lot of good news. Firstly, the resumption of china-us trade talks and the increase of counter-cyclical adjustment of macroeconomic policies in China have raised the expectation of infrastructure investment and continued monetary easing.In addition, the central bank announced on Friday evening to cut the reserve requirement […]

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September scrap “red start” 10% higher than the same period

September scrap “red start” 10% higher than the same period

Entering the traditional consumption season in September, the prices of rebar, billet, plate and other steel products have risen.Scrap steel prices also appeared a larger increase, compared with the same period last year up by 10%;And this year’s rebar prices and scrap prices run in the opposite direction, down 17.2 percent from the same period […]

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The steel industry faces the dual pressure of cost and transformation

The steel industry faces the dual pressure of cost and transformation

Source: China economic times Recently, the China iron and steel association released the operation of the steel industry in january-july, data show that in July, the growth rate of steel production slowed down significantly, steel prices are relatively stable, due to high raw material costs, steel enterprises benefit has declined.Experts believe that steel enterprises facing […]

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Steel pipe export status

Steel pipe export status

Date: December 05, 2018 source: webmaster click: 23 times At present, the problem of excess production capacity of steel pipes in China is actually structural surplus. That is to say, some steel pipe products rush to oil pipes, especially oil and casing. Some experts estimate that the production capacity has reached 8 million tons, but […]

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News of the industry

News of the industry

Pre-market prediction ◎ building steel: 30 days domestic building materials price shock adjustment, part of the market rebound, the mainstream city rebar average price at 3742 yuan/ton.Steel mill output will continue to decline, to warehouse speed is expected to accelerate, considering the downstream consumption signs of improvement, is expected to shock this week building materials […]

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Rising Raw Material Costs Lead to Declining Profits in the Steel Industry

Rising Raw Material Costs Lead to Declining Profits in the Steel Industry

China’s crude steel output fell 5.78 percent in July to 2.7491 million tons a day, the China iron and steel association said on Wednesday.The growth rate of steel production slowed down significantly, and the steel price was relatively stable. However, due to the high cost of raw materials, the benefits of steel enterprises declined. From […]

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Expert prediction of the market

Expert prediction of the market

VICE: last week domestic steel market price shock run.First of all, at present, the profit situation of production enterprises is relatively general, and the profit of some mixing and billowing enterprises is still poor. In addition, due to the fermentation of environmental limiting factors, it is difficult to improve the supply situation in the short […]

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Three “Beyond expectations” for the future steel market

Three “Beyond expectations” for the future steel market

Looking into the future macro-economic trend, a new round of global economic recession is likely to break out, and its recession degree is likely to be greater than the last round of subprime mortgage crisis, thus causing monetary easing in various countries to exceed expectations, and China’s counter-cyclical adjustment to exceed expectations.The above three “beyond […]

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Limited production storm can stabilize steel city?

Limited production storm can stabilize steel city?

In the 34th week of 2019 (2019.8.19-8.23), Lange steel’s national composite steel price index reached 147.0 points, down 0.49% from the previous week and 14.38% from the same period last year.Among them, the LGMI long material price index was 156.6 points, down 0.66% from last week and 17.17% from the same period last year.The LGMI […]

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