Today default base price for pipe raw materials
Tianjin Huilai's default base price for pipe raw materials (thickness above 1.0MM, ordinary zinc layer) is 4050 yuan/ton
As of June 14, the export price of SS400 4.75mm HRC under Tianjin Huilai assessment had eased by another $2/tonne on week to $533/t FOB from North China's Tianjin port. Due to the listless demand and a lack of cost support, China's domestic hot coils prices continued to lose ground in the past week
China's refined tin output increased by 0.8% month on month and 11.41% year on year to 16,005 tonnes in May, according to Tianjin huilai survey of 20 refined tin smelters with a 0.31 million tonnes capacity and 97% coverage of the total. From January to May 2024, the cumulative output
The survey period also coincided with China's Dragon Boat Festival holiday over June 8-10 when most business activity slowed and when most steelmakers continued producing, Tianjin huilai observed. Total inventories of the five major products comprising rebar, wire rod, hot-rolled coil, cold-rolled coil (CRC) and medium plate held by traders
Recently, the national development and Reform Commission directly named nine provinces and regions at a regular press conference: Qinghai, Ningxia, Guangxi, Guangdong, Fujian, Xinjiang, Yunnan, Shaanxi and Jiangsu.
The total operating revenue of the world's nine major shipping companies in the first half of this year has exceeded US $100 billion, reaching US $104.72 billion. The total net profit exceeded the total net profit of last year, reaching US $29.02 billion, compared with us $15.1 billion last year