Industry news
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China's overall crude steel demand is set to pass the 1.1 billion tonne mark this yearOver the past year, China's steel and steel demand has been relatively strong, with crude steel apparent consumption reaching 1.03 billion tons, up about 8%2021-0121
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How to break this year's steel "winter storage" dilemma to listen to experts say!Having the steel industry small "Spring Festival Gala," said the "winter storage", this year came a little late, the recent market inquiry winter storage more and more people, because there is no a clear result2021-0118
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Blockbuster!Three pain points of Chinese steel!At present, the main problems facing the steel industry are also relatively prominent, three pain points:2021-0114
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Winter storage to start a new round of steel prices open?High consumption for three consecutive quarters is the fundamental reason for the rising price of the black industry chain.Domestic steel consumption fell 12% in the first quarter of last year2021-0111
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Can liberalizing scrap imports and reducing crude steel production shake up ore prices?From the perspective of inventory cycle combined with upstream and downstream analysis, iron ore is in the stage from passive destocking to active replenishment of inventory, market sentiment is generally optimistic2021-0107
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Steel price forecast of 2021: firm bottom, bullish average price, but limited highRecent economic data show that China's national economy continues to recover.Retail sales grew 5 percent in November from a year earlier, 0.7 percentage points faster than the previous month2021-0104
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Inventory inflection point approaching, winter storage also need to be cautiousThe National Meteorological Center (NMC) issued an orange alert at 6 am on December 28, saying that strong cold air will affect most parts of central and eastern China from west to east and north to south2020-1231
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Active reduction in price to facilitate the delivery of steel prices after the market still has room to fallThe fluctuation of the global market narrowed, the international crude oil closed up, the domestic steel overnight turned red for a while, but weakened again within the day, and finally closed down slightly, the raw material end is relatively firm, the market transaction is weak2020-1228
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Period steel fell!Iron ore boom no more!Steel prices to fall?The global panic index climbed nearly 30 percent, European and U.S. stock markets fell and U.S. oil prices hit new one-week lows as a result of the closure of the UK's2020-1224
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Survey: Iron ore prices will remain high in the first quarter of next yearThe high iron ore prices seen in recent months will remain in place until the first quarter of 2021, according to the latest Iron Ore & Steel Outlook from STANDARD & Poor's global Platts2020-1221