Construction steel
【EAF Steel】Weak Supply and Demand in January, Shutdowns Expected During the Spring Festival
【EAF Steel】Weak Supply and Demand in January, Shutdowns Expected During the Spring Festival As the new year begins, the domestic construction steel market remains stable overall, with relatively weak downstream transactions. The market has entered another phase of inventory accumulation. As of January 2, the average price of rebar in China was ¥3,407, a decrease of ¥7 from last... ...
【EAF Steel】The Brewing Power of Trends, Awaiting a Breakthrough Direction
【EAF Steel】The Brewing Power of Trends, Awaiting a Breakthrough Direction As the year-end approaches, Chinese domestic construction steel market remained stable this week, with moderate terminal restocking activity. In the latter half of the week, localized price increases were driven by futures trends. Graphite electrodes improve energy efficiency in steel and non-ferrous met... ...
【EAF Steel】Survey Statistics on Independent EAF Production in China Before the New Year
【EAF Steel】Survey Statistics on Independent EAF Production in China Before the New Year As of late December 2024, a survey of 87 independent electric arc furnace (EAF) steel mills in China (including 76 mills producing construction steel) revealed the following: Operating Rate: The average operating rate was 68.88%, a decrease of 1.01 percentage points month-on-month and 4.76 p... ...
【Electric Arc Furnace Steel】Policy Boosts Expectations, Stabilizing Steel Volume and Price
【Electric Arc Furnace Steel】Policy Boosts Expectations, Stabilizing Steel Volume and Price This week, the domestic construction steel market experienced a slight increase. Despite average downstream demand, macroeconomic expectations remain positive, prompting some merchants to hold firm on prices. As of December 12, the average price of rebar in China reached RMB 3,439 per t... ...
【EAF Steel】Production Continues to Decline, Plate Mills Begin Gaining Momentum
【EAF Steel】Production Continues to Decline, Plate Mills Begin Gaining Momentum This week, Chinese domestic construction steel market experienced a trend of rising early in the week followed by a decline. Early on, driven by price hikes from some steel mills, domestic rebar prices increased slightly. Graphite electrodes are mainly used to melt scrap steel in the electric arc fur... ...
【GE】Soaring by 979%! How Will the Positive Real Estate News Impact Graphite Electrodes?
【Graphite Electrodes】Soaring by 979%! How Will the Positive Real Estate News Impact Graphite Electrodes? "Recent policies have significantly boosted market expectations. Coupled with low construction steel inventories and shortages in some regions, market sentiment has surged, driving up both futures and spot prices in the steel sector," says Chen Weichang, head of black commo... ...
【Electric Arc Furnace (EAF) Steel】Special Bonds Speed Up Demand, Fed Rate Cut Boosts Sentiment
【Electric Arc Furnace (EAF) Steel】Special Bonds Speed Up Demand, Fed Rate Cut Boosts Sentiment This week, the domestic construction steel market showed modest gains. With a significant acceleration in the issuance of special bonds in China, combined with the influence of the Fed's aggressive rate cut, macroeconomic support has become more apparent. Short-process electric ar... ...
【EAF Steel】 Production Cuts Nearing End, Scrap-Rebar Price Spread Widens
【EAF Steel】Production Cuts Nearing End, Scrap-Rebar Price Spread Widens Supported by a futures market rebound, Chinese domestic construction steel prices saw a mild recovery this week, with market sentiment slightly improving, although overall transactions showed no significant signs of improvement. Both factory and social inventories continue to decline slowly. As of August 22... ...
【EAF】Finished Steel Weakens, Capacity Utilization Drops to Pre-Chinese New Year Levels
【EAF】Finished Steel Weakens, Electric Arc Furnace Capacity Utilization Drops to Pre-Chinese New Year LevelsAs of this week, the operating rate of 87 independent electric arc furnaces in China is 54.68%, down 6.78 percentage points from the previous week. The capacity utilization rate is 36.32%, down 5.63 percentage points from the previous week. In the week before the Chinese N... ...
【EAF Steel】Weak Supply and Demand in January, Shutdowns Expected During the Spring Festival
【EAF Steel】Weak Supply and Demand in January, Shutdowns Expected During the Spring Festival As the new year begins, the domestic construction steel market remains stable overall, with relatively weak downstream transactions. The market has entered another phase of inventory accumulation. As of January 2, the average price of rebar in China was ¥3,407, a decrease of ¥7 from last... ...
【EAF Steel】The Brewing Power of Trends, Awaiting a Breakthrough Direction
【EAF Steel】The Brewing Power of Trends, Awaiting a Breakthrough Direction As the year-end approaches, Chinese domestic construction steel market remained stable this week, with moderate terminal restocking activity. In the latter half of the week, localized price increases were driven by futures trends. Graphite electrodes improve energy efficiency in steel and non-ferrous met... ...
【EAF Steel】Survey Statistics on Independent EAF Production in China Before the New Year
【EAF Steel】Survey Statistics on Independent EAF Production in China Before the New Year As of late December 2024, a survey of 87 independent electric arc furnace (EAF) steel mills in China (including 76 mills producing construction steel) revealed the following: Operating Rate: The average operating rate was 68.88%, a decrease of 1.01 percentage points month-on-month and 4.76 p... ...
【Electric Arc Furnace Steel】Policy Boosts Expectations, Stabilizing Steel Volume and Price
【Electric Arc Furnace Steel】Policy Boosts Expectations, Stabilizing Steel Volume and Price This week, the domestic construction steel market experienced a slight increase. Despite average downstream demand, macroeconomic expectations remain positive, prompting some merchants to hold firm on prices. As of December 12, the average price of rebar in China reached RMB 3,439 per t... ...
【EAF Steel】Production Continues to Decline, Plate Mills Begin Gaining Momentum
【EAF Steel】Production Continues to Decline, Plate Mills Begin Gaining Momentum This week, Chinese domestic construction steel market experienced a trend of rising early in the week followed by a decline. Early on, driven by price hikes from some steel mills, domestic rebar prices increased slightly. Graphite electrodes are mainly used to melt scrap steel in the electric arc fur... ...
【GE】Soaring by 979%! How Will the Positive Real Estate News Impact Graphite Electrodes?
【Graphite Electrodes】Soaring by 979%! How Will the Positive Real Estate News Impact Graphite Electrodes? "Recent policies have significantly boosted market expectations. Coupled with low construction steel inventories and shortages in some regions, market sentiment has surged, driving up both futures and spot prices in the steel sector," says Chen Weichang, head of black commo... ...
【Electric Arc Furnace (EAF) Steel】Special Bonds Speed Up Demand, Fed Rate Cut Boosts Sentiment
【Electric Arc Furnace (EAF) Steel】Special Bonds Speed Up Demand, Fed Rate Cut Boosts Sentiment This week, the domestic construction steel market showed modest gains. With a significant acceleration in the issuance of special bonds in China, combined with the influence of the Fed's aggressive rate cut, macroeconomic support has become more apparent. Short-process electric ar... ...
【EAF Steel】 Production Cuts Nearing End, Scrap-Rebar Price Spread Widens
【EAF Steel】Production Cuts Nearing End, Scrap-Rebar Price Spread Widens Supported by a futures market rebound, Chinese domestic construction steel prices saw a mild recovery this week, with market sentiment slightly improving, although overall transactions showed no significant signs of improvement. Both factory and social inventories continue to decline slowly. As of August 22... ...
【EAF】Finished Steel Weakens, Capacity Utilization Drops to Pre-Chinese New Year Levels
【EAF】Finished Steel Weakens, Electric Arc Furnace Capacity Utilization Drops to Pre-Chinese New Year LevelsAs of this week, the operating rate of 87 independent electric arc furnaces in China is 54.68%, down 6.78 percentage points from the previous week. The capacity utilization rate is 36.32%, down 5.63 percentage points from the previous week. In the week before the Chinese N... ...
