In recent days, the United States’ reckless wielding of the “tariff stick” has caused dramatic fluctuations in the world, casting a shadow over the prospects for the world economic recovery. In the short term, the prices of goods exported to the United States by various countries will rise, and the domestic consumption costs in the…
The Malaysian Star recently reported that the Malaysian Ministry of Investment, Trade and Industry (MITI) has obtained the approval of the Malaysian National Investment Commission (NIC) to extend the two-year steel investment moratorium, which will expire in August this year and will be implemented from August 15, 2023 in response to the rapid expansion of…
The European Commission has recently issued two important industrial policies in succession – the “Steel Import Quota Adjustment Plan” and the “Steel and Metal Industry Action Plan”, building a policy framework driven by the “defense-transformation” dual-wheel drive. This policy combination aims to achieve three strategic goals through diversified paths such as strengthening trade relief measures,…
On April 8, the 2510 rebar contract fluctuated weakly in the morning and closed at 3123 at noon, down 0.51%; the 2510 rebar contract fluctuated weakly in the morning and closed at 3233 at noon, down 0.98%. On April 8, the 2509 iron ore contract fell weakly in the morning and closed at 698.5 at…
Looking back at the steel market in March, as of the 31st, steel prices have gone out of the trend of oscillating decline. The comprehensive steel price index fell by 55 points, the prices of rebar and wire rod fell by 99 and 90 points respectively, the prices of hot-rolled and cold-rolled steel fell by…
The “tariff stick” may come in early April. It goes without saying that it will have an impact on the price of galvanized steel sheets in non-US regions. Can the United States itself withstand the consequences of “drinking poison to quench thirst” by fleecing other countries? The current US manufacturing capacity and labor supply are…
In March 2025, the demand for building materials during the peak season was significantly weaker than in previous years. The average weekly demand for rebar in a small sample only rebounded to 2.45 million tons by the end of March, a significant decline from 2.81 million tons in the same period last year, and once…
On Sunday, Eastern Time, US President Trump said that the reciprocal tariffs he will announce this week will include all countries in the world, not just the 10 to 15 countries with the most serious trade deficits. Reciprocal tariffs will be imposed on all countries In an interview on Sunday, Trump promised that he would…
Since March 2025, global copper prices have shown a “rocket-like” rise, with overseas increases and volatility greater than China, and the price gap between different markets has also continued to widen. The settlement prices of the main contract of Shanghai copper, the March contract of London copper, and the main contract of US copper have…
Galvanized square tube is a square cross-section steel tube that has been galvanized. It has the characteristics of anti-corrosion and extended service life. It is widely used in construction, machinery manufacturing, agriculture, transportation and other fields. 1. Main features Anti-corrosion: The galvanized layer effectively prevents rust and is suitable for humid and corrosive environments. High…