Skills

The steel trend 2017 is different than the last year, iron and steel price reached a top point of nearly four years, after steel inventory had reduced for four consecutive weeks. Steel inventory of China reached amount to 15.06 million tons, reduced 380,000 tons from last week, a decrease of 2.52 % until March 17th. Which included 7.57 […]

Recently, international price from steel scrap supplier began to fall, reduced more than 30 USD/TON. The reason for reducing is international steel market came into a consolidation period. Steel products include scrap, steel plate, steel line pipe welded and seamless requirements going into a weak trend, and the steel scrap supplier capacity increased. Turkey steel import market […]

Due to manufacturing accelerating and export amount drop down overall, steel price decline “endlessly”. Domestic steel price decline for all the steel products The National policies has remove all substandard steel, and  reduced production capacity with more effort. The steel price experienced shot-term increase, then starting to reduce gradually. By the 11th of April, the steel product steel billet […]

China Steel plate manufacturer showed positive changes in the operation with the effective promotion of steel reducing capacity, Steel plate price rebounded, such as API steel plate, carbon steel plate  price and so on. The whole steel plate manufacturer turned from deficits to profit this year. Deputy secretary of the national development and reform commission said on 25th […]

Steel plate market starts to show improvement, there are types of steel plate price appear rebound, for example, carbon steel plate, API steel plate and other types steel plate. Domestic steel PMI (Purchase Management Index) index rose by 2.3% to 49.0 % from January. It has risen for three consecutive months to the highest point […]

International iron ore price keeps stable, and iron ore supply capacity is estimated at 1.52 billion tons this year worldwidely, which for the last year is 1.06 billion tons. China Steel Association: China’s future 100 years will be the largest country for the manufacturing steel products; China’s steel business profit margins are still low; the global […]

Trump will make an investigation on dumping steel of China after the meeting between Chinese President and US President. And he will launch the first batch of specific policies for the trading business with China. Government of Trump is try to activate the previously policy. Trump have signed two executive policies on April 1st, 2017. The policies demanding to investigate the US […]

Steel Products Steel Plate Price Reduced from March to April, 2016 Steel plate price and related steel products price reduced from March, 2016, and it came slowly in April. Domestic steel PMI (Purchase Management Index) index dropped 0.8% to 50.6% in March. This was the fall after PMI rose for two months, but still above the […]

China Institute Sees Steel Products Demand Rise to 720 Million Tons in 2015. By MetalMiner IndX Reports on DECEMBER 4, 2014 – A leading Chinese steel industry body predicts a modest increase in steel products demand for 2015 as economic growth slows down in China, according to Caixin. This steel products demand are from hot […]

South American crude steel output up 2.7% in Nov ’14 According to the recent data published by the World Steel Association, the crude steel production by South American countries increased during the month of November this year. The total monthly output climbed higher by 2.7% to 3.754 Million tonnes. The total crude steel production by […]

U.S. Department of Commerce cancel the Anti-Dumping Duty & Anti-Subsidy duty U.S. Department of Commerce States, there is no evidence shows that domestic Manufacturers for the Line pipe damaged or threaten from the Line pipe imported from China, U.S. will cancel the Anti-Dumping Duty and Anti-Subsidy duty.

China cancelled export steel tax rebate for the Boron-Added products, the policy will affect 40% of the Chinese steel exports. From 1th, Jan, 2015, Chinese Ministry of Finance stated that China steel export tax rebate for the Boron-Added products have been cancelled. The boron-added steel products include flat and long steel products.(Hot rolled steel plate, […]