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News
Steel market return to ration after price jumping
Views: 186 Update Date: Mar 28 , 2015
In mid-march, the domestic hongkong - listed usher in a wave of a significant rebound, in addition to the varieties of cold rolling, the rest of the rebar, wire rod, hot coil, plate and other varieties prices generally rise. Especially Beijing building materials market surging within half a month is 230 yuan/ton, as of March 27, 20 mmhrb400 rebar price 2400 yuan/ton. However, under the new normal of domestic economic slowdown, steel price rise sharply, adding to the market worries, turnover fell, restricted the rising steel prices further. Steel price movements in the late retaliatory rebound after the return to the fundamentals.