According to the analysis, in the construction steel
market, although prices overall still continues to rise, but the increase rate has
been a marked contraction. Shanghai, Jinan and
other places rise the price by 20 to 180 yuan, steel price in Tianjin,
Shijiazhuang
have down by 20-70 yuan. Currently, the business confidence has turned
cautious, market transactions are gradually shrinking.
In the steel plate market, prices overall fell. The
price of hot rolled coil decline slightly relativly, the price in Shanghai, Hefei
fell by 20-50 yuan week. Price of hot rolled plate in Shanghai market down
again after rising at early time, the market traded poor business mentality
turned pessimistic, increasing the prices of space.
Plate market overall vulnerable dropping, price in Shanghai, Jinan
and other places fell by 20-80 yuan. In Shanghai
market, demand gradually weaker, and in turn replenish the resources of new
goods into the market, the supply pressure is diminished. Businesses can only
wait and see.
XINSTEEL NEWS