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china steel rebar inventory continued to decline hitting

CHINA REBAR:Domestic prices rebound slightly on demand

Aug 06, 2020 · Eastern China (Shanghai):3,640-3,670 yuan ($524-528) per tonne, up by 10 yuan per tonne Weather conditions improved on Thursday after Typhoon Hagupit hit parts of eastern China earlier in the week. Activity at construction sites resumed in light of the better weather, leading to an increase in buying of rebar.

CHINA REBAR:Falling market inventory levels boost prices

Mar 18, 2021 · Chinas domestic rebar prices increased on Thursday March 18 on falling spot inventory levels and a slight pick-up in demand following early-hour gains in the futures market. Domestic Eastern China (Shanghai):4,700-4,720 yuan ($724-727) per tonne, up CHINA REBAR:High inventory levels weigh on domestic Oct 14, 2020 · CHINA REBAR:High inventory levels weigh on domestic prices. Chinas domestic rebar prices continued to slide on Wednesday October 14 amid high stock levels of mills and the spot market. Major steel mills had 13.59 million tonnes of finished steel inventory in early October, up by 17.22% from late September, while stock levels in the spot market

China Mar rebar output slides 2.9% YoY

Apr 22, 2020 · China Mar rebar output slides 2.9% YoY sxcoal Steel Products 2020-04-22 15:33:56. China's steel rebar production amounted to 19.02 million tonnes in March, down 2.9% from a year ago, according to the la Chinese metallurgical coke producers continued to push for the second 100 yuan/t price hike, supported by tight supply and surging China Steel Tariffs May Stick, But Beijing Likely To Apr 23, 2016 · Equity prices in China's three largest steel manufacturers are in decline. Hebei Iron & Steel is down 36% in the last 12 months; Baosteel is down 26% and No. 3 producer Jiangsu Shagang is down 14

China iron ore port inventories extended decline as

Jun 01, 2020 · Social inventories of long steel (including wire rods and rebar) in Guangzhou continued to trend lower in the week ended April 1, falling 2.1% to 2.25 million mt, 26.01% higher than the same period after the Lunar New Year holiday last year. China rebar inventories stay lower on year_SMM Shanghai Dec 27, 2019 · China steel rebar inventories declined on week for the first time post-holiday However, the turning point in the trend of overall rebar inventories will unlikely point to reduced supply pressure or a rally in spot rebar prices in the near term, as the stocks remain considerably higher on the year and optimistic outlook for infrastructure construction has seen some

China steel rebar ekes out gains as smog descends

Jan 03, 2017 · He first hit the headlines in Britain in 2013 when he bought a troubled steel mill in Newport, South Wales, and restarted production at a time when many other steel plants were being closed down. China's steel prices could come under near-term pressure Mar 05, 2021 · More worrisome is the pace of steel inventory build. As steel mills typically continue to operate over the Lunar New Year holidays while downstream demand slows, it is natural for stocks to rise. Market inventories of key steel products in 20 cities monitored by CISA reached 16.95 million mt at the end of February, up 14.6% from mid-February

China's surging steel, iron ore inventories at odds with

Feb 21, 2017 · Certainly, there appears to be no shortage of steel in China, with rebar inventories rising to 8.397 million tonnes in the week to Feb. 17, the highest for almost two years and more than double Chinas property steel demand could post first decline in Feb 11, 2021 · Chinas efforts to take the heat out of its property market in 2021 could result in the first decline in steel demand from the sector in

Crude steel production jumps by 15.2% year over year in

Apr 26, 2021 · Chinas most-active steel rebar contract on the Shanghai Futures Exchange for October delivery rose Monday by just under $19 per tonne, closing at 5,371 yuan per tonne ($828), state-run news How Caterpillar Is Being Squeezed by Trade War and Global Sep 12, 2020 · Caterpillar Inc. (), the worlds largest manufacturer of construction and mining equipment, is seeing its profits squeezed amid the ongoing U.S.­-China trade war and slowing global economic growth.

Iron Ore Jumps in China as Steel Inventory Drop Signals

Jun 06, 2016 · Iron ore futures in China climbed the most since trading started in 2013 as rebar stockpiles continued to shrink, signaling the surge in steel production to a record may have further to run to Iron in China Sags Most Since April as Steel Demand Slows Jun 17, 2015 · Steel rebar, used in construction, lost 0.9 percent to 2,223 yuan a ton on the Shanghai Futures Exchange, the lowest close since trading started in 2009.

Iron ore price back above $170 as China steel hits record

Apr 06, 2021 · Construction steel rebars May contract on the Shanghai Futures Exchange ended the daytime trading session 2.1% higher at 5,180 yuan ($791) a tonne, after earlier climbing to 5,200 yuan, the Iron ore prices continue to grind higher as Chinese May 22, 2019 · Dhar thinks inventory levels will continue to decline in the period ahead, helping to keep iron ore prices higher for longer. We see scope for Chinas iron ore port stockpiles to fall further

Shanghai rebar hits 2-mth high as stockpiles drop, lifts

May 04, 2018 · Inventory of construction steel product rebar among Chinese traders fell for a sixth straight week to 7.13 million tonnes on April 27. China steel rebar slips on weak global demand, Ltd. posted a year-on-year decline of 33.33% in net profit to 1.70 billion yuan ($260.0 million) in 2020, according to the company's annual performance Theres a Record Stash of Steel in China as Demand SlammedFeb 25, 2020 · Chinas mammoth steel sector -- which accounts for more than half of global production --is in turmoil because of the outbreak, hit by transport curbs, worker shortages and a slide in demand.

Thin rebar import trades in Singapore due to high

Jul 27, 2020 · Thin rebar import trades in Singapore due to high inventory, weak demand No spot trading was heard for imported rebar into Singapore in the week to Monday July 27, due to high inventory levels and weak downstream demand, market sources told Fastmarkets. UPDATE 1-China steel rebar, hot rolled coil fall for third May 17, 2021 · BEIJING, May 17 (Reuters) - Chinese construction rebar and hot rolled coils futures declined on Monday, down for a third consecutive session after steel prices surged to historical highs last week and led regulators to step up inspections. Data on Monday also showed record monthly crude steel output in China

UPDATE 1-China steel surges as demand picks up, output

MANILA, June 24 (Reuters) - China steel futures surged on Monday, with construction material rebar hitting a near eight-year high and hot-rolled coil climbing to China steel rebar inventory continued to decline, hitting Nov 26, 2020 · Nov 26,2020 01:30 CST. data analysis. Source:SMM. China steel rebar inventories continued to fall this week as most areas in Northeast China, North China, and Northwest China were under heavy snow and heavy rain. East China was also in rainy weather. The construction progress of the construction site has been dragged down, and the turning

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