Iron and steel prices in the world today May 19th: Iron ore continues to increase due to strong demand


The price of iron ore for September delivery increased by 5.5% , the prices of other steelmaking components on the Dalian bourse also fluctuated. On the Shanghai floor, the price of construction rebar for October delivery fell 0.2% to 5,610 CNY/ton. On the Dalian Commodity Exchange today, May 19, the price of iron ore for…

Baosteel found that Chinese steel demand will increase by 2021


“Steel demand from China’s major consumers is expected to increase by 2021,” Baosteel said on April 27, further challenging the government to keep output lower than the same period last year, especially when it rose 37 million tons in the first quarter while the Government is aiming to reduce steel production by 2021 for environmental reasons….

Market Information Summary 19-23/04/2021

inox nam cuong

I. Nickel news Nickel Trend: The three-month futures price of nickel on the London Metal Exchange (LME) rebounded by US$161/ton on April 21, closing at US$16,199/ton, and the spot price also hiked by US$162/ton to US$16,151.25/ton. Meanwhile, LME’s market inventory of nickel slightly increased by 131 tons to 264,646 tons. The cumulative increase in April…

Inflation or pollution? A difficult choice facing the Chinese steel industry


China’s vast steel industry is in the midst of a conflict between economic growth and the green agenda that leads to greater challenges as President Tap Can Binh tries to clean up the world’s top carbon source. The government is pushing steel production to drop from a record more than 1 billion tons, in a…

Experts predict steel prices will continue to rise


Philip Capital mineral expert, Vikash Singh, said: “If we look at the Indian steel market, the domestic steel price is still pretty much lower than the import price. Thus, it is likely that steel prices will maintain at the current high level, or increase a little more, not decrease. Therefore, at the present time, we…

Weekly Report 3.22-3.26 –Yantai Oriental 2

tin tuc nikel

NICKEL NEWS Nickel Trend: The three-month futures price of nickel on the London Metal Exchange (LME) slided greatly by US$410/ton on March 23, closing at US$16,045/ton, and rebounded US$240/ton on March 26, the spot price also surged by US$275/ton to US$16,445/ton. Finally, the nickel price increased 160USD in this week, closing at US$16,410/ton. Reason: According…

Phản hồi khách hàng & bảo hành sản phẩm

    Hotline - 0903.981.645