Stainless Steel Door Handle,Stainless Steel Handle,Kitchen Cabinet Door Handle,Door Handle Stainless Steel Wenzhou Shenghong Metal Products Co.,Ltd , https://www.shenghonglock.com
On July 22, the domestic steel market experienced a steady upward trend. Prices for plate products rose gradually, while the Shijiazhuang market saw a slight decline. Hot-rolled coil prices remained stable, and cold-rolled coil prices stayed largely unchanged. Coated coil prices also increased steadily. According to the National Railway Development Plan, China's railway operating mileage is expected to reach 120,000 kilometers by 2020. However, as of the end of 2012, the total was only 98,000 kilometers, leaving a gap of 22,000 kilometers. Since the State Council restructured the Ministry of Railways, several planned railway projects have been delayed, and some high-speed rail lines have been put on hold.
On July 22, steel price data from 28 major cities showed mixed trends. The average price of Φ8mm hot-rolled bars reached 3,594 yuan/ton, up 12 yuan/ton from the previous day. Φ20mm HRB400 rebar was priced at 3,560 yuan/ton, rising by 8 yuan/ton. The 20mm plate price stood at 3,667 yuan/ton, an increase of 6 yuan/ton. The 5.75mm hot-rolled coil price climbed to 3,658 yuan/ton, up 10 yuan/ton. The 1.0mm cold-rolled coil remained flat at 4,479 yuan/ton, while the 1.0mm galvanized coil increased by 8 yuan/ton to 4,605 yuan/ton. The 0.476mm color-coated coil reached 5,666 yuan/ton, up 3 yuan/ton from the previous trading day.
In Shanghai, construction steel prices were stable, with Φ6.5mm HPB300 and Φ20mm HRB400 rebar at 3,620 yuan/ton and 3,470 yuan/ton respectively. Plate and hot-rolled coil prices remained unchanged. Cold-rolled, galvanized, and coated coils also stayed flat.
In Guangzhou, construction steel and plate prices rose slightly, while cold-rolled coil prices fell. The 1.0mm cold-rolled coil dropped by 20 yuan/ton to 4,480 yuan/ton. Galvanized and coated coils remained stable.
In Tianjin, construction steel prices increased, while plate, hot-rolled, and cold-rolled coil prices were stable. Coated coil prices remained unchanged.
Steel mills across the country adjusted their pricing policies. Hebei Iron and Steel Group raised hot-rolled coil and plate prices by 100–150 yuan/ton. Handan Iron and Steel increased medium plate prices by 200 yuan/ton. Ma Steel and others also raised prices for various products.
In terms of construction steel, several mills, including Handan Iron and Steel, increased ex-factory prices by 220–270 yuan/ton. Other companies followed suit, raising prices by 100–150 yuan/ton. Some smaller producers raised prices by 50 yuan/ton.
Regarding profiles, Masteel reduced prices by 20–70 yuan/ton. Jiangtian lowered channel steel prices by 60 yuan/ton. Zhongtian increased hot-rolled strip prices by 50 yuan/ton, while Ruifeng Steel decreased narrow strip prices by 20–50 yuan/ton.
New production lines and maintenance projects were underway. Weigang launched a new wire rod line, and Bayi Iron and Steel completed its southern Xinjiang project.
Industry trends included Guangdong’s accelerated steel company reorganization, Handan Iron and Steel’s intelligent transformation, and Baosteel’s use of nano-coated rollers in cold rolling.
Globally, South Korea saw a 46% drop in plate imports, while Japan increased small plate production by 3.1%. ArcelorMittal supplied 40,000 tons of steel to STX France for a cruise ship. Germany’s industrial product prices remained flat, but steel prices fell significantly.
Domestically, China aimed for a 7% annual growth rate under the 12th Five-Year Plan. June’s money supply declined for the first time in six months. Internationally, G20 focused on tax reforms and employment strategies. In the U.S., leading indicators improved, and the Fed hinted at potential continued quantitative easing. Canada maintained interest rates despite inflation. Japan’s industrial activity rose for the fourth consecutive month. Europe saw stable producer prices, and the UK reported higher public sector borrowing. Russia and Italy both showed positive industrial order growth, while Greece recorded a small current account surplus.