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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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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 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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CSPI China Steel Price Index Weekly Report Mid-April

CSPI China Steel Price Index Weekly Report Mid-April

2024-04-25
During the week of April 15-April 19, China's domestic steel price index picked up, with the long steel price index and the plate price index both picking up. That week, China Steel Price Index (CSPI) was 106.61 points, an increase of 1.51 points week-on-week,...
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Are you aware of China's steel price trends in March?

Are you aware of China's steel price trends in March?

2024-04-24
In March, China's steel market generally showed a continuous downward trend. Affected by the lack of effective downstream demand and demand for delayed start and other factors, steel stocks continue to increase, steel prices continue to move down. Since enteri...
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China's steel social stocks in early April

China's steel social stocks in early April

2024-04-19
In early April, the 21 cities of 5 major varieties of steel social inventory of 13.08 million tons, a decrease of 660,000 tons, down 4.8%, the rate of inventory decline to expand; than the beginning of this year, an increase of 5.79 million tons, up 79.4%; tha...
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