2019-01-16 17:14:22
United States Steel Corporation (NYSE: X), an integrated steel producer with major production operations in the US and Central Europe, saw a significant decline in its stock price in 2018. Ever since the tariffs on steel imports were officially implemente
Learn More >2019-01-15 17:27:02
Industry experts point out that employment in the steel industry will almost certainly continue to decline as a consequence of automation, even if production and profits increase. As the conservative think tank AEI points out, “Mr. Trump’s tariffs are try
Learn More >2019-01-08 14:48:53
Recently, South Korea's Dongkang Steel lowered the benchmark price of H-beam in January 2019, from the current 900,000 won / ton (about 804.02 US dollars / ton) to 850,000 won / ton (about 759.36 US dollars / Ton). Previously, due to seasonal reas
Learn More >2019-01-08 14:45:28
WASHINGTON, D.C. – In response to media questions, the American Iron and Steel Institute (AISI) supported statements this weekend from President Trump that any potential barrier at the U.S. southern border should be made of steel. The following
Learn More >2019-01-07 14:13:55
Recently, the National Development and Reform Commission approved the construction plan for inter-city railway construction along the Yangtze River in Jiangsu Province (2019-2025). This is to deepen the implementation of the Yangtze River Economic Belt De
Learn More >2019-01-07 14:09:44
For the development of China's steel market, Xia Xiaokun, vice president of Shanghai Steel Union, said that this year, the normalization of environmental protection and production has led to a year-on-year decline in steel production. The strong r
Learn More >2019-01-04 15:50:25
Chinese steel rebar futures dropped 3.5 percent in early trade morning adding to the 2 percent overnight drop on concerns that the country will abolish the mandatory winter shutdown requirement.
The January contract sank the most yesterday since March to
2019-01-03 13:57:17
The construction steel market price has fallen sharply this week. The average price of the country's 25 market threads HRB400 (20mm) was 3,977 yuan / ton, down 73 yuan / ton from last week.
Learn More >2019-01-03 13:28:47
Although in recent years China’s excessive steel production capacity (including the ban on “strip steel”) has achieved huge results of hundreds of millions of tons, it is stimulated by high profits and seizes the market. In 2019, Chinese steel companies w
Learn More >2019-01-03 13:24:44
There is no doubt that the biggest factor affecting the situation of China's steel market will be the Sino-US trade war now and in the future.
Learn More >2019-01-03 13:16:34
The recovery period of domestic steel prices in December 2018 was in a period of collapse. In November, the price fell in a cliff, and the steel market risk was released. In the case of low social stocks and low demand, the market was in a narrow range of
Learn More >2019-01-03 13:09:34
why? The reason they put forward in a joint public statement issued this week by the World Steel Association is that half of the world's steel is produced in China, but China's production capacity is seriously overcapacity. Instead of reducing product
2019-01-03 11:28:20
Chen Xiaodong analyzed that the steel market as a whole showed a tight balance in 2018. The cyclical changes in steel stocks in all links were more sensitive, and the steel inventory in the central and western regions was consistent with the country. Howe
Learn More >2019-01-03 11:23:52
Chen Xiaodong believes that the first is the “13th Five-Year Plan” to achieve capacity targets ahead of schedule, and the marginal effect of supply-side structural reforms in the new year is declining, which has been reflected in advance from the 2019 fut
Learn More >2019-01-03 09:45:48
Overall, in 2019, China's macro-economy and steel market uncertainty increased, such as how much environmental protection limit production? What are the prospects of china-us trade negotiations? Will there be large-scale winter storage this winter
Learn More >2019-01-02 15:38:42
In mid-December, average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.8368 million mt.
Learn More >2019-01-02 15:28:38
The purchasing managers' index (PMI) for China’s manufacturing sector was at 49.4% in December last year, down 0.6 percentage points from November.
Learn More >2019-01-02 14:36:25
At the end of each year, the winter storage is put on the agenda of steel traders. However, due to the sharp fall in steel prices in the past month, steel traders have gradually lost confidence in the market.
Learn More >2019-01-02 13:27:39
In 2018, China’s economic operation has been steadily changing, changing and worrying, and its achievements have not come easily. The structural reform of the supply side has been further advanced, and the reform and opening up has been intensified.
Learn More >2019-01-02 13:19:49
Chaudhary Birender Singh, the head of the United Steel, said that the state-owned steel company SAIL (Steel Authority of India) must increase special steel production and value-added products to meet the growing demand in the industry.
Learn More >2019-01-02 11:07:02
In 2018, under the continuation of the main line of the supply-side reform policy, the national steel market maintained normal production and limited production, and the supply of crude steel remained tightly balanced throughout the year.
Learn More >2019-01-02 10:15:31
In 2018, China’s economic operation has been steadily changing, changing and worrying, and its achievements have not come easily. The structural reform of the supply side has been further advanced, and the reform and opening up has been intensified.
Learn More >2018-12-29 17:24:56
Chen Xiaodong believes that the first is the “13th Five-Year Plan” to achieve capacity targets ahead of schedule, and the marginal effect of supply-side structural reforms in the new year is declining, which has been reflected in advance from the 2019 fut
Learn More >2018-12-29 14:15:08
Gao Yunhu, director of the Department of Energy Conservation and Comprehensive Utilization of the Ministry of Industry and Information Technology, said on the 22nd that China will vigorously promote the comprehensive utilization of scrap resources and stu
Learn More >2018-12-29 14:10:35
In November 2018, the global crude steel output of 64 countries included in the World Steel Association statistics was 148.6 million tons, up 5.8% year-on-year.