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Steel Price

The current situation of China’s domestic steel market this week: Due to the increasing downward pressure on the domestic economy and the high temperature and off-season, the market sentiment was cautious this week, the enthusiasm for downstream purchases was low, and the demand for steel continued to be weak. In the short term, the supply …

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Shanghai Export Container Freight Index (SCFI)

According to the latest freight rate data of Shanghai Export Container Freight Index (SCFI) released on July 2, the SCFI composite index continued to rise to 3095.14 points last week, up 119 points or 3.2% from the previous period. Shanghai’s export container freight index continues to break a record high. Siphiwe rail tracks in the …

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