Total Steel Stocks Dropped 1.7 Million Tons, Steel Prices Rose After The Adjustment
On April 8th, the domestic steel market price was weak, and the ex-factory price of pubillet in Changli area was stable at 5060 yuan/ton. This week, steel inventory accelerated decline, but due to the rapid rise in steel prices at the beginning of the week, high market resources need time to digest, short-term adjustment into the situation.
On the 8th, black futures market fell mainly, only coke rose. The main market of Luchui closed at 5115, down 0.23%, above the 5-day EMA. DIF and DEA are both up. The third-line index of RSI is located at 70-78, running between the middle and upper rail of the Bulling zone.
Six construction steel producers raised their ex-factory prices by RMB10-50 per ton Monday.
ISDI: What You Should Know When Purchasing New Steel DrumsJune 30, 20221. Steel drum manufacturers can manufacture steel drums according to the specifications you need.2. The user's product must be compatible with its packaging steel drum.3. You need to carefully che...view
Steelmakers Can Take Measures In The Face Of DifficultiesJuly 1, 2022Industry self-discipline is one of the important work of the association, and the association has been carrying out self-discipline work under the legal framework.Association will continue to strength...view
Manufacture and Processing of Cold Rolled SteelJuly 7, 2023Cold rolled steel is steel produced by cold rolling. Cold rolling is the further thinning of No.1 steel plate to the desired thickness at room temperature. Compared with hot-rolled steel plate, cold-r...view