Understanding ST12 Cold Rolled Steel Sheet: A Comprehensive Guide for Construction and Decoration Professionals

ST12 cold rolled steel sheet is a widely recognized material in the construction and decoration sectors, known for its exceptional surface finish and precise dimensions. As a low carbon steel grade, ST12 is characterized by its excellent ductility and formability, making it an ideal choice for various applications. The cold rolling process enhances its mechanical properties, resulting in a materia

China's steel operation prosperity index (SOPI) was 67.7 points in February

According to China Metallurgical Information and Standardization Institute, in February 2024, China's steel operation prosperity index (SOPI) was 67.7 points, increased by 4.4 percentage points from the previous month. The steel industry operation was in a relatively standard range, rating: B+.

Steel product stocks were increased in early-March

According to the statistics of CISA, the daily output of crude steel was 2.058Mt in major steel enterprises counted by CISA in early-March, down by 3.38% compared with that in mid-March. The daily outputs of pig iron and steel products were 1.8438Mt and 1.9276Mt in early-March, down by 1.82% and down by 6.65% compared with late-February. The total output of crude steel, pig iron and steel products were 20.5798Mt, 18.4376Mt and 19.2762Mt respectively.

Steel export went up by 30.7% y-o-y during January to March

According to the statistics of the Customs, the export of steel products was 9.888Mt in March. The total export was 25.580Mt during January to March, up by 30.7% y-o-y. The import of steel products was 617,000t in March. The total import was 1.748Mt during January to March, down by 8.6% y-o-y.

Market price changes of important productions in mid-April

According to the monitoring of the market prices of 50 important productions in 9 categories in the domestic market in mid-April 2024, compared with the early ten days of April, the prices of 29 kinds of products increased while 20 kinds of products decreased, 1 kind of product maintained same.

The daily output of crude steel was 2.8647Mt in April

According to the statistics of CISA, the daily output of crude steel was 2.8647Mt in April, up by 0.61% m-o-m. The total output of crude steel was 85.94Mt in April, down by 7.20% y-o-y. The daily outputs of pig iron and steel products were 2.3877Mt and 3.8840Mt in April. The total outputs of pig iron and steel products in April decreased by 8.0% and down by 1.60% y-o-y to 71.63Mt and 116.52Mt respectively.