The global steel market remained sluggish last week, with weak demand, seasonal slowdowns, and holidays dampening both prices and activity.
The global steel market remained sluggish last week, with weak demand, seasonal slowdowns, and holidays dampening both prices and activity.
• Finished steel: Overall price fluctuations were limited across major products. Market sentiment stayed cautious due to the ongoing off-season.
• Semi-finished steel:
– China’s billet export offers remained high, but actual transactions were limited.
– Southeast Asia markets continued a weak trend, with low buying interest.
– Black Sea region saw dull trading amid major buyer holidays.
– Iran billet exports also struggled, as end-user demand stayed subdued, putting pressure on upstream transactions.
At Shandong Jinxinda New Materials Co., Ltd, we’re closely monitoring global market movements to provide stable supply, competitive pricing, and timely service to our partners worldwide.
→ For inquiries on galvanized steel coils, color-coated coils, or galvalume products, contact us today.
High Tenacity Steel Fiber