Company News

• Mysteel: Review of national steel strand market prices in July

  2025 / 07 / 31

  Ferrous metal futures markets strengthened across the board in mid-to-late July, with major commodities like iron ore, coking coal, and coke all seeing significant increases. In contrast, the steel strand market initially performed relatively flat, but prices subsequently followed suit, driven by rising raw material prices last weekend and early this week. I. Key Market Performance The domestic steel strand market saw significant overall growth in July, with diverging increases across regions. Tianjin and Guangzhou saw the largest increases, while other markets saw increases of 50 to 60 yuan per ton. This round of price increases in the steel strand market was primarily driven by cost pressures from rising wire rod prices and improved market expectations driven by policy measures and boosted industry confidence. II. Price Trends of B-steel in the North and South B-steel prices in the north and south fluctuated narrowly in the first and middle ten days of July, before rising strongly in the second half of the month. Northern B-steel prices saw a 7.14% increase, while southern B-steel prices saw a more modest 3.97% increase. Consequently, the north-south price gap narrowed in the latter half of the month. July's ferrous futures led the gains, driving prices in the north. The high concentration of steel mills in the north led to rapid price increases. The southern market was impacted by high temperatures and heavy rain, hindering the transmission of futures sentiment and leading to a relatively delayed reaction to price increases. III. Favorable Macroeconomic Policies Policy Mainline: The Central Financial and Economic Commission's meeting on "anti-involution" and the urban

• Chunpeng Steel Strand's official website has been upgraded to a secure website (HTTPS).

  2021 / 12 / 22

  Starting from December 2021, the Chunpeng Steel Strand official website has upgraded its security level and upgraded to a secure website (https protocol), making it easier for visitors to use our website without any worries.

• Starting from September 2021, purple wrapping cloth will be used.

  2021 / 10 / 03

  Starting from September 2021, all Chunpeng factories will gradually use purple packaging. At that time, "purple" and "blue" packaging will coexist. Thank you for your attention!