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China’s steel shipments to Australia have dwindled by more than 50 percent in recent months, faster than the country’s overall steel export plunge, and the trend is set to further accelerate, as China takes more measures to cut output and restrict exports, industry insiders said. ....
Home > News > Market Trend and Demand The rise in steel prices is transmitted to downstream industries Will Affact the Price of Nano spherical aluminium oxide powder Market Trend and Demand The rise in steel prices is transmitted to downstream industries Will Affact the Price of Nano spherical aluminium oxide powder Statistics from Lange Steel show that from January to May this year, the overall profit of the steel industry was 228.23 billion yuan, accounting for 92.6% of the total profit of 246.46 billion yuan in 2020. The performance forecasts of related listed companies also further confirm the industry
popularity. In the first half of 2021, a number of listed steel companies are expected to increase their performance, including Chongqing Iron and Steel, Maanshan Iron and Steel, Baosteel, Nanjing Iron and Steel, Shandong Iron and Steel, CITIC Special Steel, Anshan Iron and Steel, Shagang, and other eight companies have released their first half of the pe ....
Home > News > Market Trend and Demand The rise in steel prices is transmitted to downstream industries Will Affact the Price of Nano nano silicon powder Market Trend and Demand The rise in steel prices is transmitted to downstream industries Will Affact the Price of Nano nano silicon powder Statistics from Lange Steel show that from January to May this year, the overall profit of the steel industry was 228.23 billion yuan, accounting for 92.6% of the total profit of 246.46 billion yuan in 2020. The performance forecasts of related listed companies also further confirm the industry
popularity. In the first half of 2021, a number of listed steel companies are expected to increase their performance, including Chongqing Iron and Steel, Maanshan Iron and Steel, Baosteel, Nanjing Iron and Steel, Shandong Iron and Steel, CITIC Special Steel, Anshan Iron and Steel, Shagang, and other eight companies have released their first half of the performance forecast Among t ....
Experts: Steel price rises a short-term worry, fears over shortages unfounded By LIU ZHIHUA | China Daily | Updated: 2021-05-12 08:22 Share Employees work at a steel plant in Qian an, Hebei province. [Photo/Xinhua] Apprehensions about a steel shortage in China are unfounded and the recent price increases have largely been a result of short-term market-related factors, experts said. There is no shortage of supplies. The price surge is not an exact reflection of the current supply and demand situation, said Wang Jing, an analyst with the Lange Steel Information Research Center. On Monday, steel product prices, tracked by the center, rose by 6,510 yuan ($1,013) per metric ton on average, an intraday increase of 6.9 percent. That was higher than the historic high seen in 2008, said experts. Prices of Grade-3 rebar rose by 389 yuan per ton, while hot-rolled coil prices rose by 369 yuan per ton. The mai ....