Industry News

International market Under the background of rising raw material prices, global steel prices continued to rebound, especially in the US market, several leading steel manufacturers raised the prices of all flat products by around US$60/ton. In the Asian region, steel prices rose overall due to a slightly weaker dollar. Overview of the export market Hot-rolled coils:

Steel prices are a key factor affecting the performance and profitability of the steel industry. Steel prices are subject to supply relationships, product costs, trade policies, environmental conditions and product varieties. Recently, some noteworthy fluctuations and trends have emerged in the global steel market. According to a report by Steel Market Update (SMU) 1, the

The monthly average price of color-coated coils in October 2022 is US$880/ton, which is US$10/ton lower than the average price of US$890/ton in September. The price of color-coated coils rose slightly in October, and began to fall after mid-October. Overall demand is currently weak. In September, the export of coated strip was 400,000 tons, a