Win Road International Trading Co., Ltd

10 Years Manufacturing Experience

Local Steel Market NEWS

  • China’s June manufacturing steel demand improves; challenges remain

    China’s monthly manufacturing steel demand rebounded in June but was still lower than a year ago, S&P Global Commodity Insights data showed. While construction-related manufacturing remained depressed, most of the other sectors showed improvement due to resilient exports and government ...
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  • TRADE REVIEW: Asian iron ore may see bearish Q3 on weak steel demand, low margins

    This report is part of the S&P Global Commodity Insights’ Metals Trade Review series, where we dig through datasets and digest some of the key trends in iron ore, metallurgical coal, copper , alumina, cobalt , lithium , and steel and scrap . We also explore what the next few months coul...
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  • FLAT STEEL 2023-kallanish Kallanish

    OVERVIEW The Ukraine war impact has derailed the post-Covid recovery in the global flat steel market, while China’s much anticipated demand rebound following the end of its zero-Covid policy is yet to materialise. Although inflation pressure and energy costs have eased since last year, steel-cons...
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  • Extreme weather in China may impact iron ore, steel demand

    The ongoing heat wave in northern China and heavy rainfall in eastern and southern China have affected work at a number of construction sites, which might impact steel and iron ore demand in the short term, market sources said. China’s domestic ports have recently seen active restocking as ...
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  • Brazil ‘well-positioned’ as green hydrogen exporter to EU steel: speakers

    From 2030 onwards, the cost of producing green hydrogen in Brazil is expected to fall significantly from new projects’ startup levels. In addition, by 2026 the EU’s Carbon Border Adjustment Mechanism should be fully in place, potentially making Brazilian steel exports to the EU more c...
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  • ERW Pipe

    ERW pipe is welded by steel trip. Widely used in the field of construction, low pressure of liquid transportation, scaffolds gas and petroleum products or structure use.
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  • Square and Rectangular Pipe

    Square and rectangular tube can be welded tube and seamless tube, surface can be paintes of anti rust oil or hot dip galvanized, it is used for machinery, processing, structure building, automobile manufacturing, shipbuiding, electric power etc. Standard:GB/T6728-2002,GB/T6725-2002, GBT3094-20...
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  • Carbon-neutral “green steel” price premiums likely to be linked to carbon price: Brazil ABM seminar

    Green steel price premiums are likely to be linked to carbon market prices, participants in a webinar on prospects for the green steel market organized by the Brazilian Association of Metallurgy, Materials and Mining (ABM) said May 31. Price premiums paid in the future for green steel products sh...
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  • China’s slowing construction activity to keep steel markets under near-term pressure

    The downtrend in China’s construction activity, which has been slowing since April due to a weaker-than-expected property sector, is expected to continue into June, keeping Chinese steel prices under pressure, industry sources said May 23. The weakness in the construction sector is expected...
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  • Ferrous scrap, metallics markets gear up for low-emissions steel shift

    Ferrous scrap markets are eying an increasingly broader role in steel sector decarbonization as a move to expand electric arc furnace steelmaking in Europe, North America and Asia gathers pace with a stronger need for high purity scrap and direct-reduced iron. Recycled steel scrap grades and meta...
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  • Chinese steel prices jump, but gains seen short-lived on modest output curbs

    Steel prices in China rebounded sharply May 8 on optimism over reduced steel output, but the rally may run out of steam as some market participants saw production curbs not enough to offset weak demand. The Chinese domestic hot rolled coil prices in Shanghai spot market jumped Yuan 100/mt ($14.5/...
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  • Asian steel mills stare at tough Q2 on slowing China demand; scrap outlook cloudy

    Asian steel mills are set for a tough second quarter with potentially frail China consumption and increased output, but there is some optimism that demand will rebound around May thanks to an expected recovery in Chinese property sector. “China’s steel market in the April-June quarter...
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