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The difference in the price of stainless steel pipes is mainly caused by the following factors:1. Different materials:Stainless steel pipes are made of different materials. Some steel mills use refining furnaces to refine stainless steel raw materials. The raw materials refined in this way are of high quality, high purity, stronger corrosion resistance and more …

Why is there a big difference in the price of stainless steel pipe? Read More »

        This week, the pressure on supply and demand in China’s domestic steel market has increased, and demand continued to be weak, resulting in an increase in in-plant inventories. The recent strong operation of steel prices is mainly due to the approaching of the traditional peak demand season in September and the …

There May Still be Room for a Rebound in Steel Prices After the Adjustment Read More »

        The current situation of China’s domestic steel market this week: Due to the increasing downward pressure on the domestic economy and the high temperature and off-season, the market sentiment was cautious this week, the enthusiasm for downstream purchases was low, and the demand for steel continued to be weak.     …

The Enthusiasm for Downstream Purchases was Low, and The Demand for Steel Continued to be Weak Read More »

        This week, China’s domestic high temperature, and affected by the off-season of the steel market, the demand for steel has shrunk, the toughness is still insufficient, and the market sentiment is weak. At the same time, steel mills have resumed production and the destocking speed has slowed down, which has also …

Steel Prices Continue to Fluctuate, with Little Room For Ups and Downs Read More »

        This week, the output of China’s five major types of steel was 8.9713 million tons, an increase of 140,300 tons from the previous week.        In terms of inventory: the total steel inventory this week was 17.4903 million tons, a decrease of 869,600 tons from the previous week, and …

Short-term Steel Prices May be Adjusted Within a Narrow Range Read More »

        The fundamentals of supply and demand in China’s steel market further improved this week. The sharp reduction in production by steel mills in the early stage led to an accelerated decline in inventories, which also supported a rebound in steel prices.        In addition, it is expected that the …

There May Still be Room for a Repairing Rebound in Short-term Steel Prices Read More »

        Auckland International Container Terminal management shut down its operations at the Port of Auckland on Wednesday, with all other marine terminals except OICT shutting down truck access, bringing the port to a near standstill. Freight operators in Oakland, Calif., are bracing for a week-long strike by truckers.        This …

The Maritime Transport Situation is More Serious! Read More »

        The domestic steel market is weak in supply and demand this week, and manufacturers continue to choose to cut prices to destock.        Under the influence of negative factors such as global economic recession expectations, domestic high temperature and off-season, repeated epidemics, and frequent real estate project risks, the …

The Domestic Steel Market is Weak in Supply and Demand This Week Read More »

     At present, the congestion of container ports is becoming increasingly serious on all continents.     Asia: due to the continuous epidemic and seasonal typhoons, some major ports and wharves in China will face the pressure of yard and berth congestion. The storage yard density of Singapore is 80%, while that of Busan, the …

Congestion of Container Ports is Becoming Increasingly Serious on All Continents Read More »