Favorable Factors: 1. Strip steel prices hold at 3,285 CNY/MT; Tangshan steel mills maintain prices stable 2. Seasonal peak demand continues (Mar-Apr); social inventory drawdown for 6th consecutive week 3. SE Asia and West Africa demand rising rapidly; new market share expanding 4. Policy support: National pipeline network construction drives long-term demand 5. X70+ high-grade […]
Favorable Factors Strip steel prices rise to 3,240 CNY/MT; cost support strengthens (+20 CNY from last week) Seasonal peak season (Mar-Apr) accelerates demand; inventory drawdown continues SE Asia and West Africa demand rising rapidly; new market share expanding Policy stimulus: 8,000B CNY special bonds for infrastructure drives pipe demand Adverse Factors EU 2026 steel quota
Chinese FOB steel prices in USD are expected to remain stable this week (Mar 2 – Mar 6), with only minor fluctuations anticipated.
Chinese FOB steel prices in USD are expected to remain stable this week (Mar 2 – Mar 6), with only minor fluctuations anticipated.
Chinese FOB steel prices in USD are expected to remain stable this week (Mar 2 – Mar 6), with only minor fluctuations anticipated.
Chinese FOB steel prices in USD are expected to remain stable this week (Mar 2 – Mar 6), with only minor fluctuations anticipated.
Chinese FOB steel prices in USD are expected to remain stable this week (Mar 2 – Mar 6), with only minor fluctuations anticipated.
Favorable Factors: 1. Steel production is currently at a low level. 2. The exchange rate of USD/CNY is going down. Adverse Factors: 1. Market demand remains weak. Outlook: In summary, Chinese FOB steel prices in USD are expected to remain stable this week (Feb 24 – Feb 27), with only minor fluctuations anticipated.
Favorable Factors:Raw material prices and steel production have remained relatively stable. Adverse Factors:Market demand remains weak. Outlook:In summary, Chinese FOB steel prices in USD are expected to remain stable this week (Jan 26 – Jan 30), with only minor fluctuations anticipated. What This Means for Steel Pipe Buyers For procurement teams planning orders this week,
Favorable Factors:Raw material prices and steel production have remained relatively stable. Adverse Factors:Market demand remains weak. Outlook:In summary, Chinese FOB steel prices in USD are expected to remain stable this week (Jan 19 – Jan 23), with only minor fluctuations anticipated. What This Means for Steel Pipe Buyers For procurement teams planning orders this week,