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Export steel gangways are on the rise!
China's steel scaffolding exports are entering a boom period! Export order volume has increased by 35% year-on-year, with Chinese steel scaffolding becoming a new growth point in building materials foreign trade, ranging from Southeast Asian infrastructure to Middle Eastern venues.
Steel GlobalImport/Export
South Korea has officially begun an anti-dumping (AD) investigation into carbon steel and alloy steel hot-rolled coil (HRC) imports from China and Japan, according to a release from the country's Korea Trade Commission (KTC) on March 4.The KTC is reacting to a complaint lodged by South Korea's second-largest steel company, Hyundai Steel, claiming that the influx of low-priced HRCs from China and Japan has damaged the local steel market, as Mysteel Global reported. The AD investigation covers the period of July 1 2023 to June 30 2024.
Billet Prices in Tangshan in North China's Hebei Province Recovered During The Week of February 17-23
Billet prices in Tangshan in North China's Hebei province recovered during the week of February 17-23, in step with the climb in rebar futures prices boosted by positive market sentiment, according to Mysteel's weekly survey.
China to See Hexene Capacity Expand 3.45 Times from 2025 to 2
Over the next few years, China is set to embrace explosive growth in hexene production capacity, with an almost 3.45-fold increase from 147,800 tonnes/year (t/y) in 2024 to 657,800 t/y by 2028.