Steel prices
【Electric Arc Furnace Steel】Steady Adjustment with a Cautious Approach
【Electric Arc Furnace Steel】Steady Adjustment with a Cautious Approach Due to recent macroeconomic policies falling short of expectations, the domestic steel market has returned to a more rational state this week, with a decline in downstream inquiries and increased profit-taking among traders. As of October 17th, the average price of rebar in China stood at 3,645 RMB, down 14... ...
【Electric Arc Furnace Steel】Riding the Wave in October
【Electric Arc Furnace Steel】Riding the Wave in October Impacted by macroeconomic factors, Chinese domestic steel prices saw significant volatility before and after the National Day holiday, with sharp increases followed by quick declines. As of October 10, the average price of rebar in China stood at RMB 3,791, down RMB 51 from the pre-holiday peak.Raw Material Side: During th... ...
【EAF Steel】Turbulent Market Decline, EAFs in Dormant Stage
【EAF Steel】Turbulent Market Decline, EAFs in Dormant StageUnder the combined effects of "weak expectations + harsh reality," China's domestic steel market was gripped by confusion and panic this week, leading to an accelerated decline in overall prices. As of August 15th, the average price of rebar was 3,115 CNY, a decrease of 142 CNY compared to the previous weekend. The p... ...
【EAF】Post-May Day Survey Statistics on Independent Electric Arc Furnace Production in China
【EAF】Post-May Day Survey Statistics on Independent Electric Arc Furnace Production in China Here are the production statistics for 87 independent electric arc furnace (eaf) steel plants in China, with 76 of them specializing in the production of construction steel: 1. The average operating rate of these 87 independent electric arc furnace steel plants in China was 65.01%, down... ...
【EAF Steel】 Trillion National Bonds Bring Expectations, EAF Production Sees Third Consecutive Growth
【EAF Steel】 Trillion National Bonds Bring Expectations, Electric Furnace Production Sees Third Consecutive Growth This week, China domestic construction steel prices experienced slight fluctuations, and in the latter half of the week, the news of issuing an additional 1 trillion RMB in national bonds had an impact, which once again influenced market sentiment in the futures mar... ...
【Mysteel】Analysis of National Crude Steel Production and September 2023 Forecast
【Mysteel】Analysis of National Crude Steel Production and September 2023 Forecast In July 2023, the daily average crude steel production in China was 2.929 million tons, a decrease of 3.6% compared to the previous month. It is estimated that in August, the daily average crude steel production in China will be around 3 million tons. During the first half of August, the domestic s... ...
【Graphite Electrodes】Market and Prices
【Graphite Electrodes】Market and Prices Market SituationAs of mid-June 2023, the graphite electrode market has been performing poorly, struggling to maintain stable prices. The main reason is the weak demand, as downstream electric furnace steel enterprises are operating at low levels, and state-owned steel mills are purchasing on-demand only. Additionally, the silicon and yello... ...
【EAF Steel】Sporadic Recovery, Scrap Steel Awaits Rise
【EAF Steel】Sporadic Recovery, Scrap Steel Awaits RiseThe prices of construction steel in China continued to rebound slightly this week, but end-users remained cautious. Traders focused on inventory clearance, and as of June 15th, the average price of rebar in China was CNY 3,788, an increase of CNY 71 from the previous week. In terms of raw materials, some steel mills raised pr... ...
【Electric Arc Furnace Steel】Steady Adjustment with a Cautious Approach
【Electric Arc Furnace Steel】Steady Adjustment with a Cautious Approach Due to recent macroeconomic policies falling short of expectations, the domestic steel market has returned to a more rational state this week, with a decline in downstream inquiries and increased profit-taking among traders. As of October 17th, the average price of rebar in China stood at 3,645 RMB, down 14... ...
【Electric Arc Furnace Steel】Riding the Wave in October
【Electric Arc Furnace Steel】Riding the Wave in October Impacted by macroeconomic factors, Chinese domestic steel prices saw significant volatility before and after the National Day holiday, with sharp increases followed by quick declines. As of October 10, the average price of rebar in China stood at RMB 3,791, down RMB 51 from the pre-holiday peak.Raw Material Side: During th... ...
【EAF Steel】Turbulent Market Decline, EAFs in Dormant Stage
【EAF Steel】Turbulent Market Decline, EAFs in Dormant StageUnder the combined effects of "weak expectations + harsh reality," China's domestic steel market was gripped by confusion and panic this week, leading to an accelerated decline in overall prices. As of August 15th, the average price of rebar was 3,115 CNY, a decrease of 142 CNY compared to the previous weekend. The p... ...
【EAF】Post-May Day Survey Statistics on Independent Electric Arc Furnace Production in China
【EAF】Post-May Day Survey Statistics on Independent Electric Arc Furnace Production in China Here are the production statistics for 87 independent electric arc furnace (eaf) steel plants in China, with 76 of them specializing in the production of construction steel: 1. The average operating rate of these 87 independent electric arc furnace steel plants in China was 65.01%, down... ...
【EAF Steel】 Trillion National Bonds Bring Expectations, EAF Production Sees Third Consecutive Growth
【EAF Steel】 Trillion National Bonds Bring Expectations, Electric Furnace Production Sees Third Consecutive Growth This week, China domestic construction steel prices experienced slight fluctuations, and in the latter half of the week, the news of issuing an additional 1 trillion RMB in national bonds had an impact, which once again influenced market sentiment in the futures mar... ...
【Mysteel】Analysis of National Crude Steel Production and September 2023 Forecast
【Mysteel】Analysis of National Crude Steel Production and September 2023 Forecast In July 2023, the daily average crude steel production in China was 2.929 million tons, a decrease of 3.6% compared to the previous month. It is estimated that in August, the daily average crude steel production in China will be around 3 million tons. During the first half of August, the domestic s... ...
【Graphite Electrodes】Market and Prices
【Graphite Electrodes】Market and Prices Market SituationAs of mid-June 2023, the graphite electrode market has been performing poorly, struggling to maintain stable prices. The main reason is the weak demand, as downstream electric furnace steel enterprises are operating at low levels, and state-owned steel mills are purchasing on-demand only. Additionally, the silicon and yello... ...
【EAF Steel】Sporadic Recovery, Scrap Steel Awaits Rise
【EAF Steel】Sporadic Recovery, Scrap Steel Awaits RiseThe prices of construction steel in China continued to rebound slightly this week, but end-users remained cautious. Traders focused on inventory clearance, and as of June 15th, the average price of rebar in China was CNY 3,788, an increase of CNY 71 from the previous week. In terms of raw materials, some steel mills raised pr... ...
