runfei news&blogs

03Jul NewsSteel News

China’s Quotation For Singapore’s Long Materials Continues To Decline, And Wire Rods Are Rumored To Have Sold in Small Quantities

Recently, China’s overall quotation for Singapore long materials has fallen again compared to the previous period. Specifically, Mysteel has heard that Chinese steel mills are...

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26Jun NewsSteel News

Indian Buyers Have Lower Bargaining Power For Chinese Hot Coils. Vietnam’s Price Advantage Resources Flow Into The Indian Market

  Recently, Indian hot coil importers have offered a counteroffer of approximately $530-535 per ton of CFR to Chinese hot coils, a decrease of approximately...

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24Jun NewsSteel News

Cost Pressure Is High, Demand Is Weak, Italian Steel Mills Hope To Increase Domestic Prices Of Long Materials

  Currently, due to the surge in energy costs, the prices in the Italian long rod market have further compressed the profits of steel mills....

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21Jun NewsSteel News

The Demand in The Indian Market Has Improved Slightly Due To The End Of The General Election, But The Improvement Is Limited Due To The Influence Of Off-season Factors

Currently, India is in the period of the end of the general election, and market transactions are gradually recovering and demand is improving. At the...

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20Jun NewsSteel News

Southeast Asian Billet Prices Continue To Decline, Buyers Are Watching Low-priced Resources

Due to the recent sustained weakness in the Southeast Asian billet market, most Southeast Asian billet buyers are adopting a wait-and-see attitude, waiting for lower...

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18Jun NewsSteel News

The Decline in Raw Material Prices Combined With Weak Demand Has Led To A Decline in Brazilian Slab Prices

 Recently, the Brazilian slab export market has been sluggish, with slab prices ranging from $570-580 per ton FOB, a decrease of $10 per ton compared...

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14Jun NewsSteel News

The Demand For European Sheet Metal Market Is Light, And There Are Few Inquiries For Imported Resources

This week, the prices of cold coils and hot-dip galvanizing in Europe have remained relatively stable. In terms of cold coils, the European market is dominated by lower priced...

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13Jun NewsSteel News

Affected By The Approaching Eid Al Adha Holiday, Trading in The UAE Market in Egypt Has Slowed Down

  Recently, many Muslim countries such as Egypt and the United Arab Emirates are about to celebrate Eid al Adha (June 16-19), and many market...

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12Jun NewsSteel News

Singapore’s Long Term Material Demand Remains Low, China’s Snail Export Quotation Temporarily Leads Market

Recently, the supply and demand fundamentals of Singapore’s long material market have remained stable, with actual imported thread prices remaining unchanged on a weekly basis,...

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06Jun NewsSteel News

Price Reduction Is Endless, Maersk Is Suspended, The Biggest Challenge For Shanghai Port!

  Against the backdrop of the escalating Red Sea crisis and high demand, global transportation capacity continues to be tight, leading to a significant increase...

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05Jun NewsSteel News

International Steel Market Daily: Southeast Asian Slab Prices Have Experienced A Significant Monthly Decline. Some Buyers Are Cautious And Watching Russia’s Low-priced Resources

According to the latest information, the mainstream price of imported slabs from Southeast Asia with specifications of SAE1008/SAE 1006 is about $530/ton CFR, with a...

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03Jun NewsSteel News

IEA Expects China To Continue To Dominate Rare Earth Refining This Decade

The International Energy Agency predicts that by 2030, global rare earth magnet refining capacity will still be highly concentrated in certain regions, with China alone...

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