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25
May

Hanxing strip steel conference price release

2020-05-25

Hanxing Strip Steel Conference Settlement price of May 1. SPHC CNY 3450 2. HRC carbon steel (1010) CNY 3460 3. Medium-wide strip steel CNY 3430 4. Narrow strip steel CNY 3440 Hanxing Strip Steel Conference Guide price of June 1. Narrow strip steel CNY 3700 2. Medium-wide strip steel CNY 3700 3. HRC carbon steel (1010) CN...
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23
May

The world crude steel output in April

2020-05-23

Country/region Crude steel output (million tons) change China 85 0.2% India 3.1 -65.2% Japan 6.6 -23.5% EU 10.729 -22.9% USA 5 -32.5% CIS 6.554 -22.6% Ukraine 1.4 -30.9% Brazil 1.8 -39% Turkey 2.2 -26.3%
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22
May

We are not selling products but solving problems for customers

2020-05-22

Most people think trading is about selling and buying, while the basis of trading, I think, is actually to satisfy customers’ demands and settle problems for them. Last month, the CRC coils our customers purchased were partially rusted due to vessel leaking during sea transportation. It is none of our business since the insurance is covered by our customers. However, we helped them to communicate ...
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21
May

Make service be part of our product

2020-05-21

“Customer is God”seems like the slogan of every company, while not everyone of them treat their customers like treatingthe God. So why same slogan, different results? The example below can well explain it. Recently, manager Xv of our group went to Zhenjiang to talk about industrial estate approval with local governments and he asked if pilling is necessary for factory building. The answer from gov...
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21
May

Why iron ore price rise so fast?

2020-05-21

It is reported the iron ore futures price has reached USD107/ton recently at Dalian Commodity Exchange, increased by 20% than the price of the beginning of April. So what leads to the price rising? On one hand, optimistic sentiment on China’s high demand for iron ore after the pandemic is one impetus. The iron ore demand from China accounts for more than half of global demand and the shipping of i...
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