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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 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

China steel prices slump, imported iron ore prices inch up

Steel price had declined amid slack trading volumes affected by rain and snow weather nationwide. This week (January 15th-19th), the market trading was thin as the spot price slumped following a downtrend in futures market.

01-16-2018 10:26:32

China iron ore prices rise despite steel prices keeping dropping

China steel prices continued moving downward in these days due to the waning demand caused by rain and snow weather nationwide. By contrast, iron ore price rebounded, but the imported iron ore inventory at ports hit a new high again.

01-09-2018 17:37:28

Steel prices likely to gain mildly amid output curbs in heating season

Steel production constraint, as part of Beijing’s campaign to remove air pollution in winter, is expected to affect steel supply and demand balance. Steel prices are likely to gain slightly though the increase will not be as large as that in the first half year.

11-22-2017 17:57:14

China iron ore market went up amid steel prices rise

China spot steel prices saw uptrend after dropping with positive market sentiment. Port iron ore inventory fell before iron ore market moved upward.

08-30-2017 17:34:58

Steel prices will see great volatility

Guidance: Steel prices went up as a whole in August, but it saw great volatility. How will steel prices perform amid the weak demand in downstream market?

08-25-2017 17:06:44

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