Overall inventory situationIn mid-September, 21 cities in 5 major varieties of steel social inventory of 8.12 million tonnes, a decrease of 720,000 tonnes, down 8.1%, the rate of decline in inventories expanded; than the beginning of the year, an increase of 8...

China's steel price index declined in the week of 18 September-20 September, with the long steel price index rising and the plate price index falling.

Since late May, rebar futures prices have been on a downward trend that has yet to converge.2024 On 6 September, the closing price of the main rebar futures contract fell to its lowest point since the beginning of the year, before bottoming out. Unfortunately,...

China's steel market in September did not show the characteristics of the peak season, downstream demand is still weak, market transactions are relatively light, steel prices continue to fall, and steel traders are generally cautious about the market after the...

The steel industry PMI (Purchasing Manager's Index) investigated and released by the Steel Logistics Committee of the China Federation of Iron and Steel Industries (CFSI) showed that the steel industry continued to weaken in August, at 40.4%, down 2.1 percenta...

In early September, the 21 cities of 5 major varieties of steel social inventory of 8.84 million tonnes, a decrease of 0.52 million tonnes, down 5.6%, the inventory continues to decline; from the beginning of the year, an increase of 1.55 million tonnes, an in...

In August, China's steel market continued to show a shocking downward trend due to factors such as high temperature and rainy extreme weather, obvious lack of downstream demand, still large supply-demand contradiction, downward price of raw fuels and enhanced ...

In late August, the 21 cities of 5 major varieties of steel social inventory of 9.36 million tonnes, a decrease of 790,000 tonnes, down 7.8%, the rate of inventory decline to expand; 1.04 million tonnes less than in late July, down 10.0%; than the beginning of...

In July, China exported 7.827 million tonnes of steel, a decrease of 918,000 tonnes from a year earlier, and an increase of 519,000 tonnes year-on-year; the average unit price of exports was US$790.1 per tonne, up 2.3% from a year earlier, and down 8.9% year-o...

In late August, the 21 cities of 5 major varieties of steel social inventory of 9.36 million tonnes, a decrease of 790,000 tonnes, down 7.8%, the rate of decline in inventory expansion; than in late July, a decrease of 1.04 million tonnes, a decline of 10.0%; ...