• Lithium Manganate Mn 58% Delivered China(1000)  02-28|Copper Conc. TC 25%min CIF China(-2)  02-28|Lithium Iron Phosphate Li 3.9%min Delivered China(1000)  02-28|Ferro-nickel 1.5%min EXW China(100)  02-28|Met. Coke A 13%max, S 0.7%max EXW Shanxi(-50)  02-28|Met. Coke A 13%max, S 0.7%max EXW Hebei(-50)  02-28|Met. Coke A 13%max, S 0.7%max EXW Shandong(-50)  02-28|Lithium Carbonate 99.2%min Delivered China(2000)  02-28|Coking Coal A 10%max, S 0.8%max EXW Henan(-50)  02-28|Coking Coal A 10%max, S 0.8%max EXW Hebei(-50)  02-28|Magnesite Lump 47%min EXW China(10)  02-28|Lithium Carbonate 99.5%min Delivered China(2000)  02-28|Coking Coal A 10.5%max, S 0.8%max EXW Shanxi(-50)  02-28|Magnesite Pellet 47%min EXW China(10)  02-28
  • Monthly Section Steel and Steel Pipe Market Report Oct 2023

    2023-11-09 09:37:13   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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    1. Market Highlights

    Prices of section steel and steel pipe kept going down in the first three weeks of the month, and the confidence of market participants weakened gradually. Prices rebounded suddenly in the fourth week boosted by the news that the government announced the decision to add more than RMB1 trillion (USD137 billion) sovereign debt issuance on October 24, and the market recovered shortly.Asian Metal Copyright Besides, end users kept cautious about placing orders dragged by shrinking orders for final products and the low profit rates.Asian Metal Copyright The demand from downstream industries remained soft and showed no signs of improving.Asian Metal Copyright Reporting poor sales performances, both steel mills and traders adopted pessimistic attitudes towards the market prospect.Asian Metal Copyright Besides, end users kept cautious about placing orders dragged by shrinking orders for final products and the low profit rates.Asian Metal Copyright Prices rebounded suddenly in the fourth week boosted by the news that the government announced the decision to add more than RMB1 trillion USD137 billion sovereign debt issuance on October 24, and the market recovered shortly.Asian Metal Copyright Prices of raw materials went up spirally, and the cost support for finished steel remained strong.Asian Metal Copyright The demand from downstream industries remained soft and showed no signs of improving.Asian Metal Copyright Reporting poor sales performances, both steel mills and traders adopted pessimistic attitudes towards the market prospect.

    .Asian Metal Copyright Reporting poor sales performances, both steel mills and traders adopted pessimistic attitudes towards the market prospectAsian Metal Copyright
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