The Report of China Steel Market

Demand for the release of the steel market is slowly picking up, the rate of increase is slowing steel inventories, which led directly to the spot price of construction steel to become stable after crash. According to the latest market report provided by the relevant agencies, the China steel  industry has been the basic pattern of demand and upstream costs squeezed at both ends, there is no change, and some steel mills have recently stepped up the intensity of the overhaul and cut.

According to the monitoring, Shanghai construction steel prices stabilized stabilized. Currently, the two rebar on behalf of Shanghai Zhipin specifications tons price of around 3,640 yuan, week, up 10 yuan; Shanghai quality product the three rebar offer in 3670 yuan per ton, up 10 yuan a week. Steel futures market, according to market participants reflect once quickly soared, led to the outbreak of the spot steel city needs some steel trading business even exaggerated, "limited" operation. But soon the trend of steel back to the shock trend, the spot steel ShangXi the procurement initiative also significantly affected.

Previously, some steel parts dealer tense relationship with the steel mills, attracted the attention of the industry. Current point of view, the new changes in vendor relationships, pricing decisions of the steel mills have a certain impact, steel mills considered more cautious. Anshan Iron and Steel Company has recently introduced a plate prices in April, the ex-factory price of the mainstream varieties such as hot-rolled-steel, cold-rolled-steel and steel coil 100-300 yuan per ton dropped significantly, could mean sheet manufacturers raised prices since last December cycle has been completed. Building steel mills latest pricing, although the direction is not exactly the same, but the "stability" putting the word is a common choice.

Fluctuations in the trend of rising last week, the price of the domestic construction steel market is around the higher prices, some cities rose to one hundred yuan, pull up too fast and then fall, but Wednesday, Thursday, rebar futures prices, electronic high lineprice is continuously rising prices rebound again. Last week over the price of the overall slight rebound, the overall turnover was acceptable in parts of the stock began to digest the signs, and played a supporting role in the price rebound. With the weather warming, the demand continues to pick up, the overall market turnover of the situation will continue to improve in most parts of construction steel inventory next week will be open to the inventory process.

From the last week the overall trend in the steel market, construction steel, hot-rolled coil, galvanized steel coil, plate and other varieties of part of the area offer finished lower. According to the China Iron and Steel spot network statistics show that, as of March 22, the 10 major cities in two Φ25mm rebar price was 3,686 yuan, up 16 yuan over the same period the previous week, 10 major cities Φ6.5mm high line an average price of 3,656 yuan, up 22 yuan over the same period the previous week. 10 major cities 5.5mm hot-rolled coil average price of 3,941 yuan, more than the same period last week $ 44 up. 10 major cities 1.0mm cold rolled coils average price of 4,884 yuan, down 7 yuan than the same period last week, down 78 yuan over the same period last month.

Affected by the relationship between supply and demand

Affected by the relationship between supply and demand, the steel prices always present fluctuation trends. Especially, in today's economic instability period, the price of steel shows more performance out of a lot of variables. China is a big country of the world's steel production and consumption, the situation of China Steel will have a big affect on world’s steel products and steel prices. The below will give some useful guide about top 5 steel products from China, It will help you to better predict the status quo of China's steel.

Angle Iron

Angle iron is a special angle steel, according to its features, the using of angle iron is very extensive. For example, it can be widely used in building structures and engineering structures. If you want to build a factory, build a new bridge, especially, construction of transmission towers, the angle iron plays so important role. In general, the angle steel can be divided into equal angles and unequal angles, which they have a wide range of uses.

Galvanized Steel Coil

We all know that galvanized steel coil has a great consumption in the world. Firstly, because steel coil is rendered as roll, it is so conveniently for storage and transportation. From a processing standpoint, the coil can easily perform various processing, such as it can be processed into a plate, strip, etc. Of course, galvanized steel coil, which has better performances than general coil, can be used with high-level requirements field, like shipbuilding, automobile manufacturing, made ​​the trains, the rail, a house built of reinforced-made steel bridge, etc.

Cold rolled coil

Comparing to hot rolled coil, cold rolled coil has superior mechanical properties, like cold rolled coil is more precise thickness, and the surface is smooth and beautiful. Because Cold rolled steel is steel after cold rolling production, original volume is relatively brittle and hard, and is not suitable for processing, usually cold rolled steel requirements before you can use after after annealing, pickling and smooth surface.

Galvanized steel sheet

The steel sheet is a plate-shaped steel, the kind of steel sheet is so many, With the development of science and technology and industrial materials, steel sheet put forward higher requirements, higher strength, resistance to high temperature, high pressure, low temperature resistance, corrosion resistance, wear and tear, as well as other special physical and chemical properties of the request, and so on. Especially, galvanized steel sheet has much better performances, now more and more fields begin to use it.

ERW pipe

ERW pipe is shorten from Electric Resistance Welding, this pipe plays a very important role in steel pipe of the world. Overall speaking, ERW Pipe can be used as agricultural irrigation, urban construction, and for the transport of liquids: water supply and drainage. For gas delivery with: gas, steam, liquefied petroleum gas. Used for structure: for piling pipe for bridges; piers, roads, buildings, structures with tubes. Especially, ERW pipe can be used to transport oil, natural gas and other vapor-liquid objects, to meet the high requirements of low pressure, occupies a pivotal position in the field of conveyor tube in the world.

Generally speaking, the above several steel products has a very wide using area, owing to different demand, we can choose the proper steel products, comparing to other counties steel, China steel has a greater advantage, specially, the steel prices can be proper.

Packing of Galvanized Steel coil

One of my old customer said that a galvanized steel coil mill made a very simple package of the goods, and when arrived, customer opened the package and found that the surface of coils are all wet, or even water droplets. This will affect the normal use of galvanized roll. It’s really terrible. Below are some notes, according to my experience, I would like to share with everyone refer to the package of the galvanized rolls. 

Galvanized steel coil packaging are divided into horizontal packaging and vertical packaging. The main difference lies in the vertical packaging with a wooden tray or iron under it, in order to make the reinforcement of galvanized coils in containers more solid. Of course, horizontal packing is also safety, because when loaded into containers, it will be reinforced by different ways. No matter horizontal or vertical, the packing of roll is same.

One: Waterproof paper. Waterproof paper is wrapped in the surface of a galvanized roll. Its main function is to prevent galvanized volume moisture, and avoid water vapor into the volume, then influence of hot dip galvanized coil surface. Such as zinc oxide layer when water vapor, can appear on the zinc spend turned white, affect beauty and using. This layer is necessary for the waterproof.

Two: Galvanized steel  layer. It’s out of waterproof paper. During the transportation progress, it’s very easy to hit. This layer is to prevent the scratch on the surface.

Three: Edge Protection layer.  It is on the both sides of the roll, and made of iron. It’s mainly to protect the edge of galvanized roll. It’s very important, if the edge of galvanized steel coil wasn’t protected, might affect the deep processing, and even damage the machine.

Four: Straps. It is used to fix the waterproof paper and galvanized iron packaging, avoid the iron fall off. For galvanized roll with the width of 1000mm to 1500mm, it should be 8 straps and transverse 4 pieces, vertical 4 pieces. It’s the best way to tighten the rolls. S

Five: Tags/Marks. Mill tags will be stick on every coils outside the packages. Including: name of commodity, grade, gross weight, net weight, roll number, and information of the mill, supplier information, etc. It’s will be helpful for clients to find the right rolls against the packing list.

Above all is the detailed info for the packing, and hopefully it will be helpful for you to choose suppliers for galvanized steel coils. Indeed, whatever you choose the galvanized steel coil or galvanized steel sheet, these experiences above can be noticed, as long as you do the packaging services better, customers can satisfy with our steel products and steel prices better.

Africa’s Colourful and Emerging Steel Market

As you may know, there is a good and emerging market in Africa, because the demand of Steel Products is strong for the region’s development, whilst the markets in Europe and America are already quite mature.

More and more trading companies are focusing on Africa and would like to grasp the exciting opportunity to obtain more and more market share in the shortest possible time.

The Steel Products we’ve experienced a heavy demand for in Africa range from Hot Rolled Steel Plate, Galvanized Steel Sheet and Galvanized Steel Coil to Black Welded Pipe and Square Tube or Rectangular Tube. These Steel Products are indeed a diverse mix in this market and the quantity, per type of Steel Product requested in this region, is very abundant.

No trading company dealing with the Steel Products in this industry can let this excellent opportunity pass by. It is, however, obvious that good and bad quality Steel Products are intermingled in this market.

Several months ago, we received an inquiry of 500 tons of Square Tube and Rectangular Tube (Square Tube: 25x25x0.75 --50x50x0.75mm, length 5.7m). As we have affluent experience, we tried our best to provide the best and latest steel prices based on the wall thickness tolerance +/-10%, but our customer received another price nearly 20USD/TON lower than our offer. It was clear that this rival supplier must be providing a much larger wall thickness tolerance to achieve such a low quotation. It was indeed proved that we were right, because when the customer received the Square Tube and Rectangular Tube, the wall thickness was far thinner than his request and he was not satisfied at all.

In order to avoid such problems, we always recommend our customers to carry out an SGS or BV inspection before the goods are delivered to the port. It is equally important to stipulate this in the contract you sign with your supplier, as it will push the supplier to take extra special care in ensuring the Square Tube or Rectangular Tube for example, will indeed be manufactured to the parameters agreed upon in the contract. This way it will give you better peace of mind in knowing the Steel Products you receive will be spot on.