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Soaring global steel prices push up engineering costs

Soaring global steel prices push up engineering costs

According to Thailand's Chinanet on April 21, driven by the overall growth of global steel demand, the price has soared by two times year-on-year, and the c

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China's offshore steel destocking slows down

China's offshore steel destocking slows down

China's steel social inventory fell 614900 tons last week, a 7-month decline. However, compared with previous weeks, the speed of offshore steel and so on s

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US hot rolled steel sheet market price keeps rising

US hot rolled steel sheet market price keeps rising

This week, the price of hot rolled steel sheet in the United States exceeded 1400 US dollars per ton, and market participants worried that the price would conti

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Carbon surcharge on steel materials

Carbon surcharge on steel materials

The European company of a steel group announced that it will add carbon surcharge to make up for the rising cost of carbon emission quota. According to the comp

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Study on the trend of China's steel market

Study on the trend of China's steel market

China has entered a stage of high-quality development and has many advantages and conditions. In the face of profound changes in the domestic and international

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China's steel plate exports to Japan and South Korea may increase

China's steel plate exports to Japan and South Korea may increase

Recently, the local hot coil price in the United States has reached an all-time high of US $1499 / T, equivalent to about 9800 yuan / T in RMB, and will reach m

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China's imports of steel increased month-on-month in March

China's imports of steel increased month-on-month in March

According to Customs Statistics Express data, in March, China imported 1.322 million tons of steel, an increase of 242,000 tons or 22.4% month-on-month; the ave

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China's steel blast furnace operating rate drops

China's steel blast furnace operating rate drops

Incomplete statistics show that the operating rate of blast furnace in Hebei Province is 78%, with a decrease of 1.23 percentage points per week and 2.05 percen

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China's steel import and export over the years

China's steel import and export over the years

According to the steel export situation over the years, after the impact of the epidemic in early 2020, China's steel export had a small peak from March to

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Steel price gap between China and foreign countries continues to expand

Steel price gap between China and foreign countries continues to expand

China's steel prices have recently fluctuated at a high level, while global steel prices continue to rise. Take the United States as an example, the hot rol

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