Cold-rolled coil: On April 8th, the average price of 1.0mm cold coil in 24 major cities in China was CNY 6,047 / ton, down CNY 11 / ton compared with the last trading day. This week, the weekly output of cold rolling was 829,900 tons, with a weekly decrease of 16,300 tons, and the warehouse and social warehouse continued to decline. The weekly apparent demand was 866,800 tons, with a weekly decrease of 8,600 tons, reflecting the slowdown in the current market demand growth. Market mentality, the market price is at a historic high, the downstream will to receive goods is very poor, are mainly wait-and-see. In summary, 9 days of domestic cold rolling prices weak operation.
The Significance of Quality Water Drum Caps in StorageFebruary 5, 2024Water is an essential resource for our daily lives, and its importance cannot be overstated. From drinking to cooking and cleaning, water is crucial for our survival. However, ensuring the quality and...view
Steel City Or Moderate Rebound This WeekJuly 1, 2022In general, there are several reasons: mills' profits have shrunk;Last week steel prices fell, the market has stabilized or even rebound demand;Domestic and foreign price trend split, the price ga...view
Comparative Analysis: Drum Closures vs. IBC TotesJune 30, 2022Drum Closures: Pros and ConsDrum closures, typically constructed from metal or plastic, have long been a staple in various industries as a standard packaging material. Their stability, strength, and p...view