On April 8th, the domestic steel market price was weak, and the ex-factory price of pubillet in Changli area was stable at 5060 yuan/ton. This week, steel inventory accelerated decline, but due to the rapid rise in steel prices at the beginning of the week, high market resources need time to digest, short-term adjustment into the situation.
On the 8th, black futures market fell mainly, only coke rose. The main market of Luchui closed at 5115, down 0.23%, above the 5-day EMA. DIF and DEA are both up. The third-line index of RSI is located at 70-78, running between the middle and upper rail of the Bulling zone.
Six construction steel producers raised their ex-factory prices by RMB10-50 per ton Monday.
Spot Market For Raw MaterialsJuly 1, 2022Import mine: on April 8th, the spot market activity of imported iron ore in the area along the Yangtze River has picked up somewhat compared with the earlier stage, the trade newspaper has improved th...view
Packing materials for steel drumsApril 14, 2023Although the application of steel drum packaging materials is only more than a hundred years of history, but with the development of modern iron and steel industry, for industrial and agricultural dep...viewThe Increase in Steel Tariffs Has Caused The Price Of Lubricating Oil Steel Drums To RiseJuly 1, 2022The increase in tariffs on lubricants and lubricant additives is the result of the Sino-US trade war, but steel tariffs are a protectionist measure proposed by the United States against most steel-pro...view
Legislation Supports Circular EconomyJune 30, 2022The circular economy has received specific support from the governments of Germany, Japan, China and the European Union.Germany is the first European country to pass national legislation to reduce the...viewInnovative Tab Seal Designs and Technologies in the Drum IndustryJanuary 18, 2024In today's fast-paced world, innovation is the key to success in any industry. The drum industry is no exception, as manufacturers constantly strive to create unique and innovative products that e...viewWhat is Bucket Lid Seal?June 19, 2023Thank you for reading today's post. The product we are introducing today is mainly about bucket lid seal, which can also be called waterproof cover. Below, we will introduce this product to you ba...view
EN
ko 
fr 
de 
es 
it 
ru 
pt 
ar 
vi 
th 
