Affected by decreasing demand at end of the year and oversea’s low price resource, this week US H-beam market steel weak. Currently, the mainstream ex-factory price of Midwest mills is USD660/short tons, down by USD10/mt compare with the price in October.

Currently, the imported price of H-beam to US quoted at USD530/short ton, in which the quotation from Russia less than USD500/short ton. The imported resource has strong price competitiveness.

                                                           XINSTEEL NEWS