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Steel market gradually semi-halt, steel prices still stable?

2025 - 01 - 08

Last week, the overall steel market fell slightly, from the spot point of view, thread, hot coil mostly fell 10-20 yuan, hot coil slightly weaker than thread, a few market decline reached 30 yuan. Other steel grades have also weakened, and the overall market atmosphere is worse than the day before. The transaction is average, and the wait-and-see mood is strong. At present, the market is stil...
The national construction steel market is still in the active stage of destocking

2024 - 12 - 31

Source: Mysteel Entering December, the overall price of construction steel showed a range of fluctuations. From the perspective of industry fundamentals, the supply side gradually declined due to environmental factors or equipment maintenance plans at some steel mills at the end of the year; The demand for essential goods on the consumer side is gradually weakening, with some regions experien...
Recent Breakthroughs in Amorphous Materials Research

2024 - 12 - 26

In the field of materials science, recent studies on amorphous materials have yielded remarkable results. Researchers at [Institute Name] have made significant progress in understanding the unique properties and potential applications of these materials. Through advanced experimental techniques and theoretical simulations, they have uncovered new insights into the atomic structure and mechani...
Steel exports will hardly reach record high in 2024 and analysis of influencing factors

2024 - 12 - 19

Source: China Metallurgical News General Administration of Customs data show that in November, China exported 9.278 million tons of steel, up 15.9% year-on-year, down 24.9 percentage points. In the first 11 months of this year, China exported 101.152 million tons of steel, breaking 100 million tons, up 22.6% year-on-year. According to Lange Steel Research Center calculations, in November, Chi...
Expected demand for amorphous powder market to double next year

2024 - 12 - 09

At present, the development of China's amorphous powder industry is characterized by improving quality and accelerating speed. In the future, with the upgrading and application expansion of downstream industries, the demand for amorphous powder in the market will increase sharply, and it is expected that the demand for amorphous powder in the market will double next year. "On December 4th...

Steel market gradually semi-halt, steel prices still stable?

2025 - 01 - 08

Last week, the overall steel market fell slightly, from the spot point of view, thread, hot coil mostly fell 10-20 yuan, hot coil slightly weaker than thread, a few market decline reached 30 yuan. Other steel grades have also weakened, and the overall market atmosphere is worse than the day before. The transaction is average, and the wait-and-see mood is strong. At present, the market is still volatile. This is mainly due to the volatile market sentiment, external factors and the lack of an environment for an upward rebound, with time and space not in place. Winter storage has not yet started, and market confidence is insufficient. In the short term, it is necessary to prevent raw materials and finished products from continuing to go down in a weak cycle. In 2025, the market will...

The national construction steel market is still in the active stage of destocking

2024 - 12 - 31

Source: Mysteel Entering December, the overall price of construction steel showed a range of fluctuations. From the perspective of industry fundamentals, the supply side gradually declined due to environmental factors or equipment maintenance plans at some steel mills at the end of the year; The demand for essential goods on the consumer side is gradually weakening, with some regions experiencing seasonal rush to work. Overall, consumption has shown a certain resilience, especially in the past two years when the seasonal characteristics of demand have weakened. The peak season is not prosperous, and the off-season is not weak, which is the norm. In December, the market transaction volume even showed a rebound. Overall, market consumption continues to decline, and the decline in m...

Recent Breakthroughs in Amorphous Materials Research

2024 - 12 - 26

In the field of materials science, recent studies on amorphous materials have yielded remarkable results. Researchers at [Institute Name] have made significant progress in understanding the unique properties and potential applications of these materials. Through advanced experimental techniques and theoretical simulations, they have uncovered new insights into the atomic structure and mechanical behavior of amorphous materials. This has led to the development of innovative manufacturing processes that enhance the material's strength and durability while maintaining its amorphous nature. One of the key findings is the potential application of amorphous materials in energy storage and conversion devices. Their disordered atomic structure offers advantages such as high surface a...

Steel exports will hardly reach record high in 2024 and analysis of influencing factors

2024 - 12 - 19

Source: China Metallurgical News General Administration of Customs data show that in November, China exported 9.278 million tons of steel, up 15.9% year-on-year, down 24.9 percentage points. In the first 11 months of this year, China exported 101.152 million tons of steel, breaking 100 million tons, up 22.6% year-on-year. According to Lange Steel Research Center calculations, in November, China's net exports of steel 8.885 million tons, an increase of 19.1% year-on-year, down 27.2 percentage points. 1-11 months, China's net exports of steel 94.958 million tons, an increase of 25.5% year-on-year, down 0.6 percentage points. Overall, the current global manufacturing index rose steadily, the external demand boom weak recovery; China's steel enterprises export order index...

Expected demand for amorphous powder market to double next year

2024 - 12 - 09

At present, the development of China's amorphous powder industry is characterized by improving quality and accelerating speed. In the future, with the upgrading and application expansion of downstream industries, the demand for amorphous powder in the market will increase sharply, and it is expected that the demand for amorphous powder in the market will double next year. "On December 4th, ZhangHua, Secretary General of the Amorphous Alloy Materials Application Branch of the China Electrical Industry Association, said in his keynote speech at the 4th Amorphous Alloy Powder Application and Development Forum. Regarding the opportunities and challenges faced by the current development of amorphous powder industry, Zhang Hua said that first, the domestic amorphous powder market h...

Current situation and future prospects of the magnetic materials industry

2024 - 12 - 04

With the acceleration of economic and social green transformation driven by the promotion of the "dual-carbon" target, there has been a significant surge in demand for magnetic materials due to the booming development of low-carbon environmental protection industries such as new energy, wind power generation, and energy-saving household appliances. Magnetic properties are inherent in all aspects of both macroscopic and microscopic worlds, encompassing diamagnetic, antimagnetic, ferromagnetic, ferrimagnetic, and antiferromagnetic categories. Magnetic materials refer to substances composed of transition elements like iron, cobalt, nickel, and their alloys that can directly or indirectly generate magnetic fields. Ferromagnetic and ferrimagnetic substances find extensive applications...

Outlook for the Second Half of 2024 Domestic Hot Rolled Strip Steel

2024 - 09 - 20

Source: MY STEEL In 2024, the domestic hot-rolled strip and hot-coil production capacity has increased, and new production lines have been put into operation. Especially this year, the strip and hot coil capacity utilization rate has rebounded, the new production line production gradually released, the third and fourth quarters of high supply or will be maintained, but considering the annual production reduction indicators, it is expected that the second half of the strip capacity utilization rate or will decline slightly. This year, the front-end data of the real estate industry are 50-70% lower than the peak, the auto industry data is relatively acceptable, but the impact of anti-dumping factors in Europe and Canada and other countries, the second half of the automobile i...

Development status and future trends of amorphous transformer industry in 2024

2024 - 08 - 27

Development status and future trends of amorphous transformer industry in 2024 Source: China Economic Information Network The total number of tenders for China's power grid transformers is affected by a variety of factors, including national energy policies, electricity demand growth, the need for grid upgrades and renovations, and the promotion of high-efficiency energy-saving equipment. With the rapid development of China's economy and the advancement of urbanization, electricity demand continues to grow, which directly promotes the increase in the number of grid construction and transformer tenders. At the same time, the country's emphasis on energy conservation and emission reduction and policy support for high-efficiency energy-saving transformers, such as the pr...

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