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Social stocks of steel in late September 2024

Social stocks of steel in late September 2024

2024-10-08
In late September, 21 cities in 5 major varieties of steel social inventory of 7.48 million tonnes, a decrease of 640,000 tonnes, down 7.9%, the inventory continues to decline rapidly; 1.88 million tonnes less than in late August, down 20.1%; 190,000 tonnes mo...
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Social stocks of steel in mid-September 2024

Social stocks of steel in mid-September 2024

2024-09-30
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...
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CSPI weekly report on China Steel Price Index

CSPI weekly report on China Steel Price Index

2024-09-29
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.
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Possible growth in rebar prices for October?

Possible growth in rebar prices for October?

2024-09-27
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,...
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Forecast Steel Market Trends in October

Forecast Steel Market Trends in October

2024-09-25
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...
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Steel industry weakening recently?

Steel industry weakening recently?

2024-09-20
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...
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Social inventories in early September 2024

Social inventories in early September 2024

2024-09-18
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...
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'Golden nine' steel market can rebound?

'Golden nine' steel market can rebound?

2024-09-14
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 ...
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Social stocks of steel in late August 2024

Social stocks of steel in late August 2024

2024-09-13
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...
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Were China's steel imports and exports decreasing in July?

Were China's steel imports and exports decreasing in July?

2024-09-11
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...
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