2024/08/14
Since the first half of last year, driven by a series of measures such as supply-side reform and the elimination of outdated production capacity, steel prices have begun to recover. Taking rebar as an example, the average price on March 9 last year was 2475 yuan/ton, and it has risen to 3852 yuan/ton on March 9 this year, an increase of 35%. Benefiting from the rise in steel prices, the performance of steel companies has significantly improved. In 2015, Nanjing Steel, Liuzhou Steel, and *ST Shaogang reported losses of 2.432 billion yuan, 1.189 billion yuan, and 2.596 billion yuan, respectively. Last year, these three companies reported losses of 2.432 billion yuan, 1.189 billion yuan, and 2.596 billion yuan, respectively. The steel companies achieved profits of 350 million yuan, 185 million yuan, and 101 million yuan, respectively.
2024/07/24
Steel Export Market Research Report
With the gradual recovery of the global economy and the continuous advancement of infrastructure construction, the international market demand for steel, as a basic industrial raw material, has shown a complex changing trend. In recent years, the rise of trade protectionism, adjustments in the steel industry policies of various countries, and changes in the global distribution of steel production capacity have all had a profound impact on China's steel exports. In this context, gaining an in-depth understanding of the current situation, competitive landscape, and future development trends of the steel export market is of great significance for Chinese steel enterprises to formulate reasonable export strategies and expand their share in the international market.
2024/06/12
Steel Foreign Trade: A Track of International Trade with Opportunities and Challenges
Steel foreign trade occupies a crucial position in international trade. As the world's second-largest economy, our country has demonstrated strong influence in steel foreign trade, with a considerable scale. In terms of export volume, our country has maintained a high level for a long time, consistently ranking among the top in the world. For example, in 2022, our country's steel export volume was 67.32 million tons, a year-on-year increase of 0.9%; by 2023, the export volume reached 91.2018 million tons, a year-on-year increase of 35%.

