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What is China's steel social inventory situation in the first half of May?

What is China's steel social inventory situation in the first half of May?

2024-05-24
China Iron and Steel Industry Association Market Research Department In the first half of May, the social inventory of 5 major varieties of steel in 21 cities was 11.55 million tonnes, down 440,000 tonnes or 3.7% from the previous year, and the inventory conti...
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China's steel export prices fall in Q1 2024?

China's steel export prices fall in Q1 2024?

2024-05-23
Market Research Department of China Iron and Steel Industry Association In the 1st quarter, China imported 1.748 million tonnes of steel, a year-on-year decline of 8.6%; the average unit price of imports was US$1,642.3/tonne, a year-on-year decline of 4.1%; im...
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CSPI China Steel Price Index Weekly Report

CSPI China Steel Price Index Weekly Report

2024-05-21
The week of May 13-May 17, China's steel price index declined, for the first time after the fourth consecutive week of recovery, long steel price index, plate price index have declined. That week, China Steel Price Index (CSPI) was 106.24 points, a week-on-wee...
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Short-term hot rolled steel and cold rolled steel market trend is not optimistic?

Short-term hot rolled steel and cold rolled steel market trend is not optimistic?

2024-05-15
Into May, China's hot rolled steel cold rolled steel coil market trading situation is general, downstream end-users purchasing willingness is not strong, cold and hot rolled coil prices continue to oscillate slightly, steel traders on the market generally caut...
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Will the steel market rebound in May?

Will the steel market rebound in May?

2024-05-14
Chinese steel prices rebounded in April. In May, with the advent of the rainy season, the release of downstream demand has been under pressure. Superimposed on the macro-policy landing one after another, large-scale equipment renewal and consumer goods to furt...
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Do you know the difference between steel wire and iron wire?

Do you know the difference between steel wire and iron wire?

2024-05-13
Ⅰ. Material The main difference between steel wire and iron wire is that the material is different. Steel wire is made of various materials of metal wire through cold drawing, drawing, drawing and other processes, usually using carbon steel, chrome steel, a...
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How is the steel market trending in May?

How is the steel market trending in May?

2024-05-10
In April, under the joint efforts of steel enterprises, the steel market fundamentals continue to improve, out of the shock rebound trend. As of the end of April, the steel composite price rebounded 126 points, rebar, wire rod prices rebounded 191 points, 201 ...
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What are the applications of SPCD cold rolled steel sheets in automobiles?

What are the applications of SPCD cold rolled steel sheets in automobiles?

2024-05-09
With the rapid development of the automobile industry, the application of new materials plays a vital role in improving automobile performance, reducing energy consumption and ensuring driving safety. Among them, SPCD cold rolled steel plate, as a kind of high...
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What is the difference between 6082 aluminum and 6061 aluminum steel in terms of application areas?

What is the difference between 6082 aluminum and 6061 aluminum steel in terms of application areas?

2024-05-07
In the fields of aviation, aerospace, automotive, machinery manufacturing, shipping, construction, decoration and chemical industry, industrial aluminum alloys have started a fantastic journey. As technology and the industrial economy hurtle forward, the hungr...
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What is the expected price situation for cold rolled and hot rolled coil in May?

What is the expected price situation for cold rolled and hot rolled coil in May?

2024-05-06
Recently, China's hot and cold rolled steel market has slightly improved compared to the previous period, and prices have stopped falling and started to pick up.From the point of view of trading conditions, steel traders generally feel that sales are smoother ...
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