قیمت ضایعات فولادی در چین به ۲۴۱۷.۹ یوان در هر تن رسید و تقاضای فولادسازان افزایش یافت. تولیدکنندگان پس از توقفهای تعمیراتی به فعالیت خود ادامه دادند و بهرهبرداری از ظرفیت به ۳۹.۶۷ درصد رسید. با این حال، موجودی ضایعات فولاد به ۴.۸ میلیون تن کاهش یافته که نیاز کارخانهها را به مدت ۹.۲ روز تأمین میکند.
The gap between the Fast Market Index for Iron Ore's 65% Brazilian Fine, cfr from Chigdao Port and 62% Fine Iron from the same port in the CFR trading format has been declining since July. This decline last week has been followed by changes in volatility
The price of domestic hot-rolled coils in hot-rolled coils caused the recent rise of sheet metal and other related steel markets on Wednesday, August 25th. This happened at a time when industry data show an increase in production in mid-August. The general expectation was that prices would increase as production increased. But despite the recession […]
China’s cold rolled coil (CRC) production reached 25.319 million tons in the first seven months of this year, up 18.4 percent from a year earlier.
Domestic hot-rolled coil (HRC) prices in China extended their gains on Monday August 23, buoyed by constrained production but subdued by rising inventories and persistent concerns over demand.
The production rate of crude steel, final steel and base metals in the first 10 days of August decreased by about 9% compared to the same month last year. This is a decision planned by the World Iron and Steel Association of China. The Chinese steel market is expected to continue to gain momentum in August.
Extended waiting times and bottlenecks at major Chinese ports have resulted in lower demand for imports of steel billet and higher freight costs for such shipments this week, sources told Fastmarkets on Friday August 13.
China’s domestic hot-rolled coil prices extended their gains on Wednesday August 11 after futures prices rose for a second straight day on higher market expectations of an output drop and demand recovery from low summer trading.
Export prices have not experienced significant changes. The hot rolling coil export activity has been poorly assessed and the tax uncertainties defined for sellers and buyers have somehow pushed the market back. Some malls have priced their hot rolling coil bids at around $ 920 per tonne FOB China.
Market observation shows that the overall supply in the Chinese rebar market is currently satisfactory and meets the needs of the market, and some sellers with high inventory have decided to reduce their stock. Reducing prices in the Chinese rebar market seems to be a political affair. Futures in this area were accompanied by a growth of $ 100 per ton, which shows that the Chinese government, in the eyes of investors, can not continue the price suppression for a long time.
Eastern China rebar prices were flat on Friday August 6 on rising demand from trading houses, but the end user demand kept weak, causing a week-on-week decrease of 130-140 yuan per tonne.