On April 9, London time, the World Steel Association released the April 2024 short-term steel demand forecast report. Global steel demand is expected to rebound by 1.7% in 2024, reaching 1.793 billion tons; global steel demand will increase by 1.2% in 2025, reaching 1.815 billion tons. Ton. From 2024 to 2025, global steel demand will […]
PPI to ease inflation concerns the dollar fell during the day, overnight London zinc closed up 0.58%; The central finance and local governments jointly implement the old for new work, strong demand is expected to support the Shanghai zinc sentiment, and zinc is expected to rise. Overnight Lun zinc first down after the trend of
Oil prices continue to hit more than a five-month high, with overnight London aluminum showing strong upward momentum, rising nearly 1.6%; the domestic market is optimistic, with limited changes in Shanghai aluminum supply and destocking of aluminum ingots in social warehouses, and gradual recovery in consumption. Aluminum prices may rise today. Oil prices continue to
The main 2405 contract of stainless steel traded narrowly yesterday, with the market waiting for news from downstream. The trading volume yesterday was 185,713 lots, a significant decrease compared to the bottom rebound data on Monday. Some investors have started to try to lay out medium and long-term long positions at low levels. The Shanghai
Starting from a historical low valuation, can stainless steel rebound in April? Read More »
Cold rolled low carbon steel coils Carbon steel coil is a common steel material mainly composed of iron and carbon, with high quality and strength. Raw Materials: Carbon steel coils are usually made from low carbon steel sheets that contain less than 2% carbon. Features: The strength and hardness of carbon steel coils mainly depends
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PVD color coating is a process of physical vapor deposition, also known as PVD coating. This process involves forming ultra-thin films of chromium, titanium, ammonia, or other specially treated alloys on various metals and plastics. PVD-coated stainless steel coils are an effective process that uses physical vapor deposition to cover the surface of stainless steel
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The market is bullish with a strong optimistic atmosphere, and overnight aluminum remained strong with a 0.72% increase; the progress and scale of aluminum production resumption in Yunnan fell short of expectations, narrowing the increase in aluminum ingot inventory, and downstream resumption of work continued, indicating a potential rise in aluminum prices. The bullish sentiment
The market is bullish with a strong optimistic atmosphere, and aluminum may rise. Read More »
On Monday, iron ore futures prices fell for the second consecutive trading day, dropping to the lowest level in over four months, dragged down by the continued weakness in the Chinese steelmaking raw materials market. The most actively traded May iron ore contract on the Dalian Commodity Exchange (DCE) fell 5.41% during the day, to
Due to the sustained weakness in the Chinese economy, iron ore prices have plummeted. Read More »
On Monday, the copper futures market at the Chicago Mercantile Exchange (COMEX) once again showed a strong upward trend, marking the third consecutive rise in four trading days. The steady climb in copper prices not only reflects optimistic market expectations for future demand but also indicates potential supply tensions. According to closing data, copper futures
COMEX copper futures have risen for three consecutive days, hitting a three-month high Read More »
The economy of modern steel enterprises is booming, and the demand for refractory materials has also greatly increased. At the same time, there are various types of refractory materials on the market. The selection and construction of refractory materials should be adapted to local conditions. The construction methods of refractory materials are also different according
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