|Weekly survey: Everything about Tangshan billet (Mar 6--10, 2017)
China's billet market headed down amid volatilities this week with prices in most regions falling over 100 yuan/t.
|Mysteel survey on domestic major steel mills in Mar 2017
Mysteel has conducted investigations on 216 domestic major steel mills on Mar 6, 2017 to get informed the production of five major steel products (rebar, wire rod, HRC, CRC and medium plate).
|Monthly outlook: HRC prices likely to see upswing trend in coming Mar
In past Feb, domestic HRC prices presented signs of declining first and then started to hike. High inventory and tight capital didn't reverse traders' good outlook toward the future market. Along with the tide of production suspension came again, the market price surged by large amounts, plus a rise in futures market
|Weekly summarization of China steel market during Feb 20- Feb 24, 2017
China's steel market fluctuated at a high position this week. Piggybacked on strength in billet and futures market, spot market moved up steadily early this week. Later, the market winded down tracking the downside in futures. But overall sentiment stayed upbeat; despite downward corrections, spot prices remained at a rather high level
|Steel market sees further gains amid bullish sentiments
Steel market has enjoyed a sustained rally since February, seeing absolute rebar Myspic (Mysteel Steel Price Index of China) surging 420.4 yuan a tonne (11.08%) from 3371.9 yuan/tonne to 3792.3 yuan/tonne and billet price lock-in rising as far as 520 yuan per tonne (18. 50%) from 2810 yuan/tonne to stand at 3330 yuan/tonne.
|China steel market: Another roller-coaster trip ahead?
China's steel market advanced steadily since last week. Yesterday, in particular, saw average market price of rebar in Shanghai gaining 100 yuan/tonne and that in Hangzhou up 150 yuan/tonne. Less than one month after China's Lunar New Year, absolute Myspic (Mysteel Steel Price Index of China) of common carbon steel posted a 6% gain from 3692.23 yuan/tonne to stand at 3910.99 yuan/tonne (by Monday), which reminds us of March-April, 2016 when the steel price plunged after a steep climb.
|Mysteel survey on domestic major steel mills in Feb 2017
Mysteel has conducted investigations on 216 domestic major steel mills on Feb 6, 2017 to get informed the production of five major steel products (rebar, wire rod, HRC, CRC and medium plate).
|Mysteel weekly analysis on national HRC steel mills' production situation (Feb 6, 2017)
Mysteel has conducted investigations on national major HRC steel mills on Feb 6, 2017 to get informed that national HRC capacity utilization rate showed a month-on-month dip of 2.18% and steel mills' inventory substantially rebounded by 50.68% before Spring Festival Holiday, and steel prices showed fluctuation trend from one week before.