Industry news

Over 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%

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 result

At present, the main problems facing the steel industry are also relatively prominent, three pain points:

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 year

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 optimistic

Recent 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 month

The 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 south

The 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 weak

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's

The 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 Platts