Xinyue Steel takes advantage of Tianjin port, delivery the steel pipes around the world
Tianjin Xnyue Steel Group was founded in 1980, located in Daqiuzhuang Industrial Area, Tianjin City ,around 70km from Tianjin port. It provides the most convenient shipment for steel’s export. Xinyue can delivery steel pipes to customers via closed container, open-top container ，flat rack container or bulk vessel shipment.
World Steel Association: Global steel demand is expected to increase by 3.9% year-on-year in 2018
World Steel Association released its outlook for the steel industry on October 16. It is estimated that global steel demand will reach 1.658 billion tons in 2018, up 3.9% year-on-year. It is expected that global steel demand will reach 1.681 billion tons in 2019, up 1.4% year-on-year;
American steel market trend in October
According to the operating situation combined with the fundamental situation, the recent US steel market may be oscillating downward trend.
European steel market trend in October
European steel market: continue to cut. The benchmark price index for steel in the region of 104.8 fell by 1.4% on a week-on-week basis (down from up to down), down 1.4% month-on-month (expanded), up 1% month-on-month (same as before) and up 17.5% year-on-year.
Asian steel market trend in October
Asian steel market: a small decline. The benchmark benchmark price index of 126.6 points in the region fell by 1.1% on a week-on-week basis (expansion decreased), down 1.5% month-on-month (from up to down), up by 4% year-on-year (swelling up), up 16.5% year-on-year.
Australian steel market trend
The Australian government expects China's steel output to be 886 million tons this year, and its output will drop to around 800 million tons by 2023; BHP Billiton believes that steel production will not peak until mid-2020 It may reach a height of 1 billion tons.
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