Golden Ten Futures, September 22, today, the Ministry of Industry and Information Technology and other departments jointly issued the "Work Plan for Steady Growth of the Steel Industry (2025-2026) ", which makes it clear that the average annual growth target of the added value of the steel industry in the next two years is set at about 4%. The "Work Plan" proposes to implement precise regulation of production capacity and production, promote the hierarchical and classified management of iron and...
Class A shares of the steel plate bottomed out and rebounded, Masteel shares rose more than 4%, Hanggang shares, Chongqing Iron and Steel, Changbao shares and so on. On the news, MIIT and other departments jointly issued the "Steady Growth Work Plan for the Steel Industry (2025-2026) ", making it clear that the average annual growth target of the steel industry in the next two years is set at about 4%.
The Brazilian government issued a statement saying it has decided to extend trade protection measures for the steel industry.
Golden Ten Futures, August 31st, according to the PMI of the steel industry surveyed and released by the China Internet of Things Steel Logistics Professional Committee, it was 40.4% in August 2024, a decrease of 2.1 percentage points from the previous month, indicating that the steel industry continued to weaken. The sub-index changes show that the characteristics of the off-season of the steel industry are still relatively obvious, the market demand has continued to decline, steel production h...
Golden Ten Futures on May 6, the main contract of threads fluctuated upward, and the overnight market rose by nearly 1%. Caixin Futures said that the cost rose, the profit per ton of steel narrowed again, and the profit of steel mills was at a low level in the upstream and downstream of the industrial chain as a whole; the threaded disk was raised again, the hot coil basis maintained a small rise, and the screw coil basis was slightly lower; the profit of steel mills was neutral. Overall, the sp...
Gold Ten Futures, April 30, China's Internet of Things Steel Logistics Professional Committee survey, released the steel industry PMI, in April 2024 was 47.9%, an increase of 3.7 percentage points, indicating that the steel industry has stabilized. Sub-index changes show that steel demand has recovered in April, steel mill production has stabilized, and the supply and demand pattern has recovered in stages. Raw materials have risen significantly, and steel prices have also bottomed out. It is ex...
On March 31st, according to the investigation and release of the steel industry PMI by the China IoT Steel Logistics Professional Committee, it was 44.2% in March 2024, a decrease of 1.8 percentage points compared to the previous month, indicating that the steel industry continues to operate weakly. The changes in sub indices show that after the end of the Spring Festival holiday, the recovery of demand in the steel industry market has been slow, with a slight decline in production, leading to a...