Industry news
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Construction Machinery Industry "steel demand" usher in new Opportunities?In recent years, the scale of China's construction machinery industry has been growing rapidly. In 2020, the business revenue of the whole industry reached 775.1 billion yuan, up 16% year on year, reaching the highest level in history2021-0731
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Price will be strong, relatively strong steel pricesIn the last week of July, steel prices continued to rise, steel futures afternoon gains narrowed, spot prices rose partly, but by the impact of heavy rain and typhoon "fireworks", downstream procurement is still cautious2021-0727
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Many places with heavy rainfall, steel prices where to go?On July 22, some parts of southwest Hebei, northwest Henan, south Guangxi, Leizhou Peninsula in Guangdong, northwest Hainan Island, south Yunnan, the north-central coast of Zhejiang and north-central Taiwan island saw heavy to heavy rain2021-0724
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State-owned Assets Supervision and Administration Commission (SASAC) : We will promote the integration of steel and other industries and set up new central enterprisesIn the next step, we will steadily promote the restructuring and integration of central enterprises in steel, power transmission and distribution equipment manufacturing and other industries, and actively cultivate new central enterprise groups in relevant fields in due time2021-0720
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Rio Tinto's iron ore shipments fell 12 percent in the second quarter and the crown of the world's largest producer may change hands againGlobal mining giant Rio Tinto Group Ltd. reported Friday that iron ore shipments fell 12% in the second quarter from a year earlier as stormy weather affected its operations in Western Australia2021-0717
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Steady improvement of steel scrap to help steel industry carbon peakOn July 7, the National Development and Reform Commission website published the2021-0713
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Steel prices are expected to slow down after a continuous pull upGlobal markets, the Federal Reserve June monetary policy meeting minutes released early on the 8th, the Federal Reserve officials on what time to taper the scale of bond purchases are divided, the external market little volatility2021-0710
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Iron ore structural contradictions are still expected in July some of the mainstream variety prices still have supportIn June, due to the influence of overseas weather and the epidemic, the structural problems of the main imported ore varieties have not been completely solved, which drives the spot price of the port still has support2021-0706
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Steel demand still exists steel prices rise difficultAs July approaches, all parts of the country are working hard on infrastructure projects to complete the important task at the beginning of the 14th Five-Year Plan.Prices for steel, an integral part of infrastructure, have risen sharply this year2021-0701
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The subtle relationship between all kinds of steelThis month's black varieties basically staged a low four mode, the spot market also fell back, billet, iron ore have weakened, at present is mainly affected by two major factors, one is the weak demand, the second is the continuous 2 weeks of rising steel inventory2021-0628