Industry News

On June 5th, WITOP’s 1500mm wide color coated steel sheet in coils are successfully rolled off the production line, which can meet the needs of household appliances, solar energy, door industry, cold chain logistics, modern agriculture and animal husbandry and other industries for ultra-wide color coated sheets. The product have obvious advantages and the market bright […]

Steel News: China’s steel industry has seen a surge in demand and production in recent years due to the country’s rapid economic development. The demand for steel is expected to continue growing as China’s infrastructure and construction sectors continue to expand. In addition, the global steel market has been affected by an increase in raw

International market Under the background of rising raw material prices, global steel prices continued to rebound, especially in the US market, several leading steel manufacturers raised the prices of all flat products by around US$60/ton. In the Asian region, steel prices rose overall due to a slightly weaker dollar. Overview of the export market Hot-rolled coils:

Steel prices are a key factor affecting the performance and profitability of the steel industry. Steel prices are subject to supply relationships, product costs, trade policies, environmental conditions and product varieties. Recently, some noteworthy fluctuations and trends have emerged in the global steel market. According to a report by Steel Market Update (SMU) 1, the

The monthly average price of color-coated coils in October 2022 is US$880/ton, which is US$10/ton lower than the average price of US$890/ton in September. The price of color-coated coils rose slightly in October, and began to fall after mid-October. Overall demand is currently weak. In September, the export of coated strip was 400,000 tons, a