News
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Foshan stainless steel inventory statistics on May 13
On May 23, the total inventory of new-caliber Foshan stainless steel was 233,175 tons, a decrease of 6.5% from the previous period, of which the total amount of cold rolling was 144,983 tons, a decrease of 5.58% compared with the previous period, and the total amount of hot rolling was 88,192 ton...Read more -
The downturn in the stainless steel market in May is hard to get rid of
The current global excess liquidity is an indisputable fact, and it is also a feature of the current global financial market and even the macro economy. The flood of liquidity in various countries is not suitable for the development of the real economy, but leads to the expansion of investment an...Read more -
Nippon Steel’s stainless steel contract prices continue to rise in May 2022
On May 12, Nippon Steel Corporation announced a comprehensive increase in the price of stainless steel contracts signed in May 2022: SUS304 and other stainless steel cold-rolled sheets and medium and heavy plates increased by 80,000 yen per ton, of which the base price remained unchanged and only...Read more -
In the first quarter of 2022, China’s crude stainless steel production fell by about 8% year-on-year
The stainless steel branch of China Special Steel Enterprises Association released the statistical data on the production, import, export and apparent consumption of stainless steel crude steel in mainland China in the first quarter of 2022 as follows: In the first quarter of this year, it decrea...Read more -
China’s General Administration of Customs’ total export decline in 97.7 months: 437.6%
According to the data released by the General Administration of Customs on May 9, 2022, in April 2022, China exported 4.977 million tons of steel, an increase of 32,000 tons from the previous month and a year-on-year decrease of 37.6%; the cumulative export of steel from January to April was 18.1...Read more -
Statistics on import and export of stainless steel for the first quarter of 2022 announced
Stainless steel exports: In March 2022, China’s total stainless steel exports totaled 379,700 tons, an increase of 98,000 tons or 34.80% month-on-month; an increase of 71,100 tons or 23.07% year-on-year. From January to March 2022, China’s total stainless steel exports were 1,062,100 ...Read more