Both China and the United States appear to be in the grip of a steel shortage as steel prices continue to rise and the raw material iron ore price rises to an all-time high of $210 a ton from an average of $108 a ton in 2020

On May 6, the Ministry of Industry and Information Technology issued the revised Measures for the Implementation of Capacity Replacement in the Iron and Steel Industry, which will take effect on June 1.

The current high prices of bulk raw materials on the middle and lower reaches of the profit squeeze has caused many concerns, but only in terms of the steel market, in our view, the pressure of the stage of demand although steel prices have a drag

Since this year, the national steel supply and demand prosperous, inventory year-on-year decline, market prices rose sharply.Looking forward to the national steel price trend within the year, will mainly depend on steel and steel production conditions

Australia's Department of Industry, Science, Energy and Resources, in its quarterly report on resources and energy released in March 2021, stated that due to the COVID-19 epidemic and the resulting economic downturn

In order to purify jiangxi province construction with steel market environment, crack down on the production and sales of "ground strip steel" "thin steel" and other illegal behavior, jiangxi province market supervision bureau will be from now to the end of June

China's GDP reached 24,931 trillion yuan in the first quarter, up 18.3% year on year at comparable prices, according to data released today by the National Bureau of Statistics.

Strip: down, the market, the early opening of the leading market after Tangshan stable turnover difference after tired down 70, after the low volume, but most of the general only individual still can clear Nissan

Recently, the National Development and Reform Commission, the Ministry of Industry and Information Technology for the steel industry "control capacity, reduce output, look back" to deploy.Whether it is to control capacity, or reduce output

For friends of steel trade circle, gold three is not golden, but a touch of thick gray, to the hangzhou area 18-25 shagang three level screw thread example, March three price reached the highest price of 4830 yuan/ton in the first half of the month