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The output of main steel products will increase year by year in the next few years in China

The output of main steel products will increase year by year in the next few years in China

Oct-19-2020

Although the government continues to promote the process of reducing capacity in the steel industry, due to high sunk costs such as production equipment, steel companies choose to continue production in order to reduce costs and losses. As a result, the o

The international steel market may be in shock and differentiation in October

The international steel market may be in shock and differentiation in October

Oct-12-2020

Looking forward to October, the international steel market may run in shock and differentiation. In Europe, the manufacturing industry expanded steadily, the growth of flat products slowed down slightly, and the market price of long profiles increased sig

Cold rolled coil market price in September 24

Cold rolled coil market price in September 24

Sep-25-2020

On September 24, the cold-rolling coil sheet price in the Tianjin market steadily weakened, and the current mainstream cold-rolling steel mills in Tianjin have a representative specification of about 4570 yuan/ton. The market transactions are relatively a

How hydrogen is gaining momentum in the Chinese steel industry?

How hydrogen is gaining momentum in the Chinese steel industry?

Sep-18-2020

The latest project was launched in early May 2020 by another private steelmaker, Rizhao Steel*. The project will produce 0.5 Mt/a DRI using hydrogen, which is extracted from the co-products of a natural gas-based process to make vinyl acetate.

Hot-rolled sheets and coils prices in the Tianjin market

Hot-rolled sheets and coils prices in the Tianjin market

Sep-10-2020

On September 9, the mainstream trend of the latest hot-rolled sheets and coils prices in the Tianjin market showed a downward trend. The price of hot rolled coil 3.0*1500*C Q235B carbon steel: 4090 yuan/ton, down 40 from yesterday.

The operation of the China steel industry from January to July 2020

The operation of the China steel industry from January to July 2020

Sep-04-2020

Steel production in China continued to grow. According to the National Bureau of Statistics, the national output of pig iron, crude steel, and steel from January to July was 510.86 million tons, 591.17 million tons, and 723.95 million tons, respectively,

US steel import license applications rose sharply in July

US steel import license applications rose sharply in July

Aug-26-2020

According to the latest steel import monitoring and analysis (SIMA) data released by the American Iron and Steel Institute (AISI), the number of US steel import license applications rose sharply in July this year.According to the trade data provided by th

What should the steel industry do to build a new development pattern?

What should the steel industry do to build a new development pattern?

Aug-21-2020

One is to promote the formation of a new balance between supply and demand. During the "14th Five-Year Plan" period, supply-side structural reforms will still be the main line of the development of the steel industry. Maintaining the basic balance of su

It is estimated that the output of EU steel consumption industry will drop by 12.8% this year

It is estimated that the output of EU steel consumption industry will drop by 12.8% this year

Aug-17-2020

According to the market forecast released by the European steel union on August 5, the output of all steel consumption industries in the European Union will drop by 12.8% in 2020 and rise by 8.9% in 2021. However, Europe said that the strength of steel co

Operation of China iron and steel industry from January to June 2020

Operation of China iron and steel industry from January to June 2020

Aug-10-2020

Recently, the National Development and Reform Commission website released the operation of the steel industry from January to June 2020.1. The output of iron and steel increased steadily. According to the data of the National Bureau of Statistics, the nat

What is the overall operation of China's steel market in the first half of 2020

What is the overall operation of China's steel market in the first half of 2020

Aug-06-2020

Under novel coronavirus pneumonia public health incident in the first half of this year, steel enterprises strengthened self-discipline and ordered production control, which played an important role in stabilizing the economic and social development. On t

PMI of steel industry in July: the growth rate of steel production fell down

PMI of steel industry in July: the growth rate of steel production fell down

Aug-03-2020

In July 2020, the PMI index of China's steel industry was 49.2%, down 0.1% from the previous month, and the steel industry remained relatively stable.The sub index shows that the growth rate of iron and steel production has slowed down, the market

China hot rolled steel market price forecast on July 29, 2020

China hot rolled steel market price forecast on July 29, 2020

Jul-29-2020

On July 28, the average price of 4.75mm hot-rolled steel plates and coils in 24 major cities across the country was 4109 yuan/ton, down 2 yuan/ton from the previous trading day. Yesterday, the price of the black commodity futures market rose and fell. The

Market price of hot rolled steel on July 21, 2020

Market price of hot rolled steel on July 21, 2020

Jul-22-2020

On July 21, the average price of 4.75mm hot rolled steel plates and coils in 24 major cities across the country was 4095 yuan/ton, an increase of 7 yuan/ton from the previous trading day.On the whole, the market has a strong wait-and-see sentiment.

China exported 3.701 million tons of steel products in June

China exported 3.701 million tons of steel products in June

Jul-17-2020

According to the data of the General Administration of Customs on July 14, 2020, China exported 3.701 million tons of steel products in June 2020, a decrease of 699,000 tons from the previous month, a year-on-year decrease of 30.3%; from January to June,

China exported 25 million tons of steel from January to May 2020

China exported 25 million tons of steel from January to May 2020

Jul-09-2020

From January to May, China (referring to mainland China only, the same below) imported 5.464 million tons of steel, an increase of 12.0% year-on-year. From January to May, China exported 25 million tons of steel, down 14.1% year-on-year.

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

What is the delivery condition of S550Q plates?

What is the delivery condition of S550Q plates?

May-28-2020

S550Q steel plates are delivered in the quenched and tempered tempered state. S550 series steel can be divided into four grades such as S550Q, S550QL, S550QL1 grade, belonging to the European standard low 5261 alloy high strength steel EN 10025-6-2004. f

P420M/1.8824 steel plate

P420M/1.8824 steel plate

May-28-2020

P420M is a special alloy flat steel product for pressure vessels, which can be welded with fine-grained thermo-mechanical rolled steel. The implementation standard is EN10028-5, number: 1.8824.

P355NL1 hot rolled plates BBN steel stock

P355NL1 hot rolled plates BBN steel stock

May-26-2020

EN10028-3 P355NL1 material is a low-temperature quality steel of European Union standard.
Its quality parameters are:P355NL1 plates and sheets thickness BBN steel supply 8-260mm.

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