According to the analysis, the construction steel market, prices keep decreasing, and the decline rate has increased. Steel prices in Shanghai, Hangzhou fell by 10-90 yuan in a week; Beijing, Tianjin market ton price decline is more than hundred yuan. It can be seen in the Shanghai market, with new resources arrived on the market, steel prices fell sharply which made traders’ confidence very low. In Beijing, Tianjin and other northern markets, turnover is also very weak. Demand is difficult to have a big change in a short-term.

On the plate and sheet market, prices generally fell. Hot rolled coil market volatility weaker, prices on Hefei, Guangzhou market fell by fell 10-60 yuan/ton in a week; Prices in Shanghai, Beijing market was up slightly. 

                                                                                           XINSTEEL NEWS