Steel Prices

Recently, international price from steel scrap supplier began to fall, reduced more than 30 USD/TON. The reason for reducing is international steel market came into a consolidation period. Steel products include scrap, steel plate, steel line pipe welded and seamless requirements going into a weak trend, and the steel scrap supplier capacity increased. Turkey steel import market […]

Due to manufacturing accelerating and export amount drop down overall, steel price decline “endlessly”. Domestic steel price decline for all the steel products The National policies has remove all substandard steel, and  reduced production capacity with more effort. The steel price experienced shot-term increase, then starting to reduce gradually. By the 11th of April, the steel product steel billet […]

The steel trend 2017 is different than the last year, iron and steel price reached a top point of nearly four years, after steel inventory had reduced for four consecutive weeks. Steel inventory of China reached amount to 15.06 million tons, reduced 380,000 tons from last week, a decrease of 2.52 % until March 17th. Which included 7.57 […]

Asian steel market deals seems quietly, Chinese reinforced steel price and steel coil, billet, wire price keeps steady. Due to a slight rebound in the domestic market of the Chinese steel price, Chinese export steel price is going steady. Foreign buyers continue to wait and see, and there is not much inquiries. Chinese Hot rolled steel […]

International iron ore price keeps stable, and iron ore supply capacity is estimated at 1.52 billion tons this year worldwidely, which for the last year is 1.06 billion tons. China Steel Association: China’s future 100 years will be the largest country for the manufacturing steel products; China’s steel business profit margins are still low; the global […]

The steel products manufacturers including the steel plate, steel profile manufacturer and steel line pipe manufacturer started well this year, because of the release of the production capacity. According to the data, the national crude steel production was 201 million tons, up 4.6% than last year, the average daily crude steel production was 22.34 million […]

Steel Products Steel Plate Price Reduced from March to April, 2016 Steel plate price and related steel products price reduced from March, 2016, and it came slowly in April. Domestic steel PMI (Purchase Management Index) index dropped 0.8% to 50.6% in March. This was the fall after PMI rose for two months, but still above the […]

China Institute Sees Steel Products Demand Rise to 720 Million Tons in 2015. By MetalMiner IndX Reports on DECEMBER 4, 2014 – A leading Chinese steel industry body predicts a modest increase in steel products demand for 2015 as economic growth slows down in China, according to Caixin. This steel products demand are from hot […]