During the survey period (March 10–March 16), the capacity utilization rate of rebar and wire rod rolling lines in the Central China region increased to varying degrees.

Gold is a widely known safe-haven asset and tends to benefit during geopolitical turmoil, but the metal has remained largely range-bound amid the latest Middle East conflict involving Iran, the United States and Israel.

【SMM Steel】Tenaris completed the acquisition of the Beaver Falls scrap processing yard in Pennsylvania, now operated by its subsidiary Steel Recycling Services. The 39-acre site adjacent to its Koppel plant will improve coordination between scrap processing and steel production, feeding its EAF directly. Tenaris, a leading steel pipe supplier with $12bn revenue in 2025, operates globally with ~25,000 employees. This acquisition strengthens its US footprint.

We all know the relationship between Gold and US Dollars in the financial markets. When the USD rises, gold tends to fall and vice versa. It sounds simple to you, right? But understanding why this happens, and how to actually trade it like a pro trader, takes more than knowing that the pattern exists.

Weekly Survey of Rolling Lines in Central China: This Period Still Saw Concentrated Production Resumptions at EAF Steel Mills, and Central China Construction Steel Production Rose Steadily

Total rebar inventory stood at 8.2948 million mt this week, up 277,000 mt WoW, or 3.46% (previous: +11.33%), and up 363,200 mt from the same period of the previous lunar year, or 4.58% (previous: +4.6%).