Canada launches anti-dumping investigation on Chinese Korea Vietnamese steel
The court will investigate whether the dumping and subsidy of “cold-rolled carbon steel products” imported from these three countries have caused damage to Canada’s steel industry.
China Iron Ore Price Index in late May
China Iron Ore Price Index (CIOPI) was 233.46 points, a decrease of 1.15 points from the previous quarter, a decrease of 0.49%.
Steel futures prices will remain high in late May
It is expected that the prices of rebar and hot-rolled coil futures will remain high and volatile in the latter part of May and the overall change will not be too great.
Demand weakens to determine price downward trend
The fundamentals of steel are currently at high supply, high profits, and relatively high inventory levels. The decline in mid- to long-term demand and weakening demand in the peak season will put pressure on prices and maintain the bearish outlook.
Domestic steel market weaker operation Iron ore market shock consolidation
Domestic spot steel market was weak and steel prices fell slightly. The transaction in the steel market was weak when the price was relatively high, and it was heavy when the price was relatively low. The iron ore market is generally shocking consolidation.
Output "Chinese Standard" is the highest pursuit
As the world’s second largest economy and the largest trader of goods, China today is vigorously advancing the reform and development of the standardization industry.
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