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Brazilian steel companies announced price increase

Brazilian steel companies announced price increase

Jun-22-2020

According to INDA, Brazilian steel producers Usiminas and ArcelorMittal Brazil may follow suit to raise steel prices after CSN announced a 10.5% increase in steel prices in its distribution chain.Both Usiminas and ArcelorMittal Brazil should do the same,

A week's review of Zhengzhou hot rolled plate and coil market

A week's review of Zhengzhou hot rolled plate and coil market

Jun-19-2020

This week (6.8-6.12), the local hot rolled plate and coil prices in Zhengzhou were mainly stable, and the market prices of BBNsteel carbon steel hot rolled coils 1.8mm and 2.0mm were 4,090 yuan/ton and 4,050 yuan/ton respectively.

The global steel market has a strong trend

The global steel market has a strong trend

Jun-17-2020

Following last month's rally, the international steel market, which started in June, has been booming. During the reporting period, the global steel benchmark price index at 97.2 points rose 1.5% on a week-on-week basis (the increase expanded), ro

Steel market analysis: Large probability of wide oscillation of iron ore

Steel market analysis: Large probability of wide oscillation of iron ore

Jun-11-2020

From the perspective of macroeconomic indicators, the construction industry has recovered rapidly. Relevant data show that the investment in infrastructure construction (excluding electricity) from January to April has increased by -11.8% year-on-year, a

The steel coil price forecast this week in China

The steel coil price forecast this week in China

Jun-08-2020

Strip steel: Chinese strip steel price is relatively strong. The low price transaction is Ok, but the high price transaction is unsatisfactory. Strip steel traders are confused about the market. The high cost of raw materials and the recent upgrading of e

Saudi Arabia will impose the highest licensing tariff on imported steel materials

Saudi Arabia will impose the highest licensing tariff on imported steel materials

Jun-03-2020

According to foreign media, Saudi Arabia plans to raise the import tariff rate of various kinds of steel materials to the highest "binding tax rate" permitted by the World Trade Organization (WTO).From June 10, the import tariff of steel billet

Happy Children's Day to the children of BBN family

Happy Children's Day to the children of BBN family

Jun-01-2020

Today is Children's Day. Children are the future of the country and the hope of the nation. In order to thank the BBN family for their support, the company prepared holiday gifts for the children of BBN family on May 29, including school bags, toys.

The two sessions focus on promoting pollution prevention, can steel prices catch up with the ride

The two sessions focus on promoting pollution prevention, can steel prices catch up with the ride

May-26-2020

On May 22, in the State Council, Premier Li Keqiang's government work report, there was a set of figures that were very eye-catching. This set of figures is 25 billion yuan, 31.7 billion yuan, and 4 billion yuan. They are used to fight for blue sk

May 25th Zhengzhou market hot rolled plate price

May 25th Zhengzhou market hot rolled plate price

May-26-2020

Today (May 25th), the latest trend of the hot-rolled plate prices in the Zhengzhou market showed a decline in performance. Among them, the price of BBN hot rolled sheet 3.0 * 1500 Q235B steel: 3780 RMB/ton, down 20 from yesterday.

China adjusts iron ore import supervision

China adjusts iron ore import supervision

May-22-2020

As a global manufacturing country, China has long been the world's largest importer and consumer of iron ore. According to official Chinese data, China's iron ore imports in 2019 totaled 1.069 billion tons, an increase of 0.47% year-on-year, the second

The two sessions promote China's steel price to start rising mode

The two sessions promote China's steel price to start rising mode

May-20-2020

In the middle and last ten days of April, when the domestic steel market was in confusion, the opening date of the national two sessions was finally determined. Xinhua news agency, Beijing, April 29 -- the 17th session of the Standing Committee of the 13t

The short-term price of HR coil and CS plate evaluated by BBN steel

The short-term price of HR coil and CS plate evaluated by BBN steel

May-14-2020

On May 13, the average price of 4.75mm HR coil in 24 major cities in China was 495.27 US dollars / ton, up 0.28 US dollars / ton from the previous trading day. Yesterday, the black commodity futures market opened at a low price and went higher. The early

BBN steel casting the brand power of the powerful steel country

BBN steel casting the brand power of the powerful steel country

May-13-2020

On May 10 this year, the fourth Chinese brand day was ushered in. In fact, as early as 2014, General Secretary Xi Jinping had proposed "three changes" during his inspection in Henan-"Promote the transformation of Chinese manufacturing to Chinese creati

April China exported 6.319 million tons of steel

April China exported 6.319 million tons of steel

May-08-2020

According to the data of the General Administration of Customs on May 7th, 2020, China exported 6.319 million tons of steel products in April 2020, a decrease of 157,000 tons from the previous month, a year-on-year decrease of 0.2%.

The price forecast of BBN steel for hot rolled coil and carbon steel plate on May 7

The price forecast of BBN steel for hot rolled coil and carbon steel plate on May 7

May-07-2020

On May 6, the average price of 4.75mm hot rolled coil and sheets in 24 major cities in China was 485.84 usd / ton, up 5.35 usd / ton from the previous trading day. Black commodity futures market opened high in the early morning yesterday, and then maintai

Global crude steel production in March 2020

Global crude steel production in March 2020

Apr-27-2020

In March 2020, the crude steel output of 64 countries included in the World Steel Association's statistics was 147.1 million tons, down 6.0% year on year. As the impact of the new crown pandemic on economic and social activities continues, many pr

BBN steel family holds birthday party in April 26th

BBN steel family holds birthday party in April 26th

Apr-27-2020

Today (April 26th, 2020) we hold the April birthday party. As usual, we all get together, sing birthday songs for April birthday employees, and send them beautiful gifts to wish them all the best. We share birthday cakes and of course delicious fruits tog

CISA: Production inventory of steel companies in mid-April 2020

CISA: Production inventory of steel companies in mid-April 2020

Apr-24-2020

Statistics from China Iron and Steel Association(CISA): In mid-April 2020, the key statistics steel companies produced a total of 19.5151 million tons of crude steel, 17.8163 million tons of pig iron, 18.7734 million tons of steel, and 3.175 million tons

China's steel exports in March hit a 21-month high

China's steel exports in March hit a 21-month high

Apr-17-2020

According to statistics from the General Administration of Customs, in March 2020, China exported 6.476 million tons of steel products, an increase of 2.7 million tons from February, a quarter-on-quarter increase of 71.5%, and a year-on-year increase of 2

Anniversary of employees joined BBN steel from January to April Before 2020

Anniversary of employees joined BBN steel from January to April Before 2020

Apr-16-2020

In the afternoon of yesterday ( April 15th, 2020), BBN steel company held the anniversary of its employee from January to April before the year 2020. This ceremony is held for employees who have been in company for more than one year from January to April

Eurofer proposes to cut 75% steel import quota

Eurofer proposes to cut 75% steel import quota

Apr-10-2020

According to the data released by the European Iron and Steel Industry Union, shorten as European Steel Union (Eurofer), the steel consumption of the automobile industry accounts for 18% of the total steel consumption of the EU. At present, the Eurofer ha

The Belt and Road National Key Project:Indonesia Dexin Iron and Steel Group put into full production

The Belt and Road National Key Project:Indonesia Dexin Iron and Steel Group put into full production

Apr-07-2020

On March 29th, 2020, the first hot molten iron of Dexin Steel's blast furnace in Indonesia rushed out and poured into the ladle. On March 31th, the converter was officially opened for production. The first molten steel was successfully smelted at 9:18 on

Chinese steel market forecast April, 2020

Chinese steel market forecast April, 2020

Apr-02-2020

Due to the impact of the epidemic in January and February, some iron and steel enterprises cut production and restricted production. The output of iron and steel declined month-on-month, but still showed a year-on-year growth trend. According to the Natio

Platts: China's steel output increase will support iron ore prices in the second quarter

Platts: China's steel output increase will support iron ore prices in the second quarter

Mar-30-2020

The latest outlook survey by S & P Global Platts shows that despite the slow recovery of downstream steel demand, iron ore prices should be strongly supported in the second quarter as Chinese steel companies are expected to increase steel output.Altho

Green consumption supported by policies, the automotive market is picking up

Green consumption supported by policies, the automotive market is picking up

Mar-26-2020

Green consumption is supported by policies, and the auto market is picking up and moving into the fast lane

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