Steelmaking
【Graphite Electrode】Exports Decline Again in October with Larger MoM Drop
【Graphite Electrode】Exports Decline Again in October with Larger MoM DropAccording to customs data, China's graphite electrode export volume in October 2024 was 22,500 tons, a month-on-month (MoM) decrease of 14.50% and a year-on-year (YoY) decrease of 0.25%. Following the MoM decline in September, October saw an even larger drop, reflecting some weakness in the recent expo... ...
【EAF Steel】Macro Outlook vs. Winter Stocking Trades
【EAF Steel】Macro Outlook vs. Winter Stocking TradesThis week, domestic steel prices have mostly fluctuated within a narrow range. Led by the futures market, prices slightly strengthened in the latter half of the week. Overall, market inventory levels remain low, and merchants face little pressure in terms of inventory reduction. As of November 21, the average price of rebar in ... ...
【Steel】Why Was There No Adjustment to Steel Export Tax Rates This Time?
【Steel】Why Was There No Adjustment to Steel Export Tax Rates This Time?On November 15, the Ministry of Finance and the State Administration of Taxation issued an announcement on adjusting export tax rebate policies:1. Cancellation of export tax rebates for products such as aluminum, copper, and chemically modified animal, vegetable, or microbial oils and fats. Graphite electrod... ...
【Graphite Electrode】Market Remains Stable Amid Cost Pressure and Demand Dynamics
【Graphite Electrode】Market Remains Stable Amid Cost Pressure and Demand Dynamics On November 20, China's graphite electrode market operated steadily. Prices for ultra-high-power graphite electrodes φ450 were 14,000 CNY/ton, and φ600 were 16,200 CNY/ton, with downstream demand showing moderate growth.In the downstream sector, the average operating rate of 87 independent ele... ...
【Graphitized Carburant】Market Trends: Price Fluctuations and Tight Supply!
【Graphitized Carburant】Market Trends: Price Fluctuations and Tight Supply! On November 5, China's domestic graphitized petroleum coke (GPC) carburant market showed a generally weak and stable trend. The mainstream price is around 3,400-3,500 RMB/ton (tax included) for products with C≥98.5%, S≤0.05%, and particle size 1-5mm. Due to pending maintenance plans for some steel co... ...
【Carburant】Price Trends: Is Semi-Graphitized Supply Tight?
【Carburant】Price Trends: Is Semi-Graphitized Supply Tight? During the week of October 24-31, the trading atmosphere in China's carburant market was generally moderate. For calcined coal carburant, the prices are as follows: 1,825 CNY/ton for 90C ordinary quality and 1,945 CNY/ton for 90C high quality; 1,995 CNY/ton for 92C ordinary quality and 2,125 CNY/ton for high-quality... ...
【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... ...
【Graphite Electrodes & Needle Coke】Import and Export Data in China for August 2024 Released
【Graphite Electrodes & Needle Coke】Import and Export Data in China for August 2024 Released 1. Graphite ElectrodesAccording to customs data, China's graphite electrode export volume in August 2024 was 32,300 tons, up 33.25% month-on-month but down 30.63% year-on-year. From January to August 2024, China's total graphite electrode exports amounted to 224,000 tons, a slig... ...
【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 Steel】Weak Expectations, New Standards Disrupt, Prices Hit New Low
【EAF Steel】Weak Expectations, New Standards Disrupt, Prices Hit New LowAmidst weak fundamentals and a calm macroeconomic outlook, Chinese domestic construction steel prices continued to decline this week, reaching a new low for the year. As of July 25th, the average price of rebar in China was 3,338 yuan, down 129 yuan from last weekend.Raw Materials:The scrap steel market also... ...
【Graphite Electrode】Exports Decline Again in October with Larger MoM Drop
【Graphite Electrode】Exports Decline Again in October with Larger MoM DropAccording to customs data, China's graphite electrode export volume in October 2024 was 22,500 tons, a month-on-month (MoM) decrease of 14.50% and a year-on-year (YoY) decrease of 0.25%. Following the MoM decline in September, October saw an even larger drop, reflecting some weakness in the recent expo... ...
【EAF Steel】Macro Outlook vs. Winter Stocking Trades
【EAF Steel】Macro Outlook vs. Winter Stocking TradesThis week, domestic steel prices have mostly fluctuated within a narrow range. Led by the futures market, prices slightly strengthened in the latter half of the week. Overall, market inventory levels remain low, and merchants face little pressure in terms of inventory reduction. As of November 21, the average price of rebar in ... ...
【Steel】Why Was There No Adjustment to Steel Export Tax Rates This Time?
【Steel】Why Was There No Adjustment to Steel Export Tax Rates This Time?On November 15, the Ministry of Finance and the State Administration of Taxation issued an announcement on adjusting export tax rebate policies:1. Cancellation of export tax rebates for products such as aluminum, copper, and chemically modified animal, vegetable, or microbial oils and fats. Graphite electrod... ...
【Graphite Electrode】Market Remains Stable Amid Cost Pressure and Demand Dynamics
【Graphite Electrode】Market Remains Stable Amid Cost Pressure and Demand Dynamics On November 20, China's graphite electrode market operated steadily. Prices for ultra-high-power graphite electrodes φ450 were 14,000 CNY/ton, and φ600 were 16,200 CNY/ton, with downstream demand showing moderate growth.In the downstream sector, the average operating rate of 87 independent ele... ...
【Graphitized Carburant】Market Trends: Price Fluctuations and Tight Supply!
【Graphitized Carburant】Market Trends: Price Fluctuations and Tight Supply! On November 5, China's domestic graphitized petroleum coke (GPC) carburant market showed a generally weak and stable trend. The mainstream price is around 3,400-3,500 RMB/ton (tax included) for products with C≥98.5%, S≤0.05%, and particle size 1-5mm. Due to pending maintenance plans for some steel co... ...
【Carburant】Price Trends: Is Semi-Graphitized Supply Tight?
【Carburant】Price Trends: Is Semi-Graphitized Supply Tight? During the week of October 24-31, the trading atmosphere in China's carburant market was generally moderate. For calcined coal carburant, the prices are as follows: 1,825 CNY/ton for 90C ordinary quality and 1,945 CNY/ton for 90C high quality; 1,995 CNY/ton for 92C ordinary quality and 2,125 CNY/ton for high-quality... ...
【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... ...
【Graphite Electrodes & Needle Coke】Import and Export Data in China for August 2024 Released
【Graphite Electrodes & Needle Coke】Import and Export Data in China for August 2024 Released 1. Graphite ElectrodesAccording to customs data, China's graphite electrode export volume in August 2024 was 32,300 tons, up 33.25% month-on-month but down 30.63% year-on-year. From January to August 2024, China's total graphite electrode exports amounted to 224,000 tons, a slig... ...
【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 Steel】Weak Expectations, New Standards Disrupt, Prices Hit New Low
【EAF Steel】Weak Expectations, New Standards Disrupt, Prices Hit New LowAmidst weak fundamentals and a calm macroeconomic outlook, Chinese domestic construction steel prices continued to decline this week, reaching a new low for the year. As of July 25th, the average price of rebar in China was 3,338 yuan, down 129 yuan from last weekend.Raw Materials:The scrap steel market also... ...
