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Steel prices go up on robust billet market

Prices of steel products increased in the opening of March spurred by rises in feedstock billet prices.

03-04-2021 16:48:02

Steel prices climb higher in early Dec

Steel prices jumped in the first half of December boosted by rises in feedstock prices, falling inventories and rallied automobile market.

12-16-2020 16:36:05

Steel prices increase on bullish factors

The prices of hot rolling in 22 cities averaged CNY4,045/mt, up CNY110/mt from early November; those of cold rolling averaged CNY4.920/mt, up CNY136/mt; those of medium plate and galvanized sheet were CNY3,968/mt and CNY5,039/mt, respectively, up CNY43/mt and CNY121/mt, separately.

11-12-2020 17:20:54

Strip steel prices down in March on high stocks

Shandong (JLC), March 25, 2020--Strip steel prices went down on the whole in March amid high stocks as well as very slow recovery of downstream demand.

03-25-2020 10:36:24

Steel prices to stay low on bearish factors

Shandong (JLC), October 23, 2019--Steel prices are expected to move at low levels in November due to weakened demand and drops in rebar futures prices.

10-23-2019 09:00:56

Steel prices to move sideways on high inventories

Steel prices are expected to keep range-bound in the short run due to high inventories and wait-and-see sentiments in the market.

08-27-2019 14:18:44

Steel prices to rise in late Aug

Shandong (JLC), August 19, 2019--Steel prices are expected to increase by CNY100-200/mt in late August amid eased supply glut, falling inventory and surface of new environmental protection policies.

08-20-2019 09:03:02

Steel prices eye short-term gains on rising billet prices

Shandong (JLC), June 26, 2019--Tangshan-based steel plants raised offers by CNY50/mt on June 24 amid gains in billet prices and issue of production limitation policies.

06-26-2019 11:45:43

Steel prices unlikely to rise in late June

Shandong (JLC), June 24, 2019--Steel prices will possibly extend a downtrend in the rest of June amid growing prices of feedstock, rising stocks and slack demand.

06-24-2019 16:42:44

Steel prices to stay high in late April

Shandong (JLC), April 17, 2019--Steel prices are expected to remain high in late April amid falling social inventory, improved demand and upward feedstock prices, despite growing output in steel mills.

04-17-2019 11:15:48

Steel prices to extend uptrend on rising feedstock market

Shandong (JLC), April 16, 2019--Steel prices are expected to keep rising in the short run mainly due to upward iron ore prices as well as falling inventory.

04-16-2019 09:58:32

Steel prices to vibrate upwards amid bullish factors

Shandong (JLC), February 21, 2019--Domestic steel prices will vibrate upwards after February 19 as downstream demand is likely to be released in advance and de-stocking policy may be stricter.

02-21-2019 08:42:43

Steel prices to vibrate upwards before year-end

Shandong (JLC), January 24, 2019--The domestic steel prices will vibrate upwards before the Spring Festival holiday due to falling output in steel mills, low social inventory and support from feedstock market.

01-24-2019 15:30:48

Steel prices fall after rising, iron ore prices diverse

Shandong (JLC), December 13, 2018--China steel prices declined after rising with flat trades, and iron ore prices showed mixed changes with reduced demand.

12-13-2018 17:12:47

Steel price to rebound in late September

Shandong (JLC), September 13, 2018--Steel price declined in early September affected by falling futures price and negative impacts from pro-environment inspections, while it might rebound in late September largely because of rising demand.

09-13-2018 17:29:24

Steel price stays high amid pro-environment inspections

Shandong (JLC), August 22, 2018--The domestic steel price increased consecutively as tougher pro-environment inspections boosted steel market, Tangshan billet price hit a new high and steel futures price jumped.

08-22-2018 16:41:36

Steel prices rise, iron ore prices diverge

Shandong (JLC), August 22, 2018--The domestic steel prices kept rising supported by robust futures market and cost side, and domestic iron ore prices also went up. But imported iron ore prices declined.

08-22-2018 16:37:33

Steel price to keep falling on bad demand

Domestic steel price will extend a downtrend in the coming days affected by subdued demand, high operating rate of steel mills and dropped futures price.

05-22-2018 17:29:27

Steel price extends uptrend, possible drops in future

China steel price inched up in these days supported by supply and demand fundamentals. But it may decline in the future as traders mostly remained on sidelines on increased cost pressure.

04-18-2018 17:55:06

Steel price stops downward pace under stricter output cutting policy

Domestic steel price rebounded in mid-March amid the dropped inventory and increased trading volume driven up by downstream demand.

03-21-2018 11:29:19

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