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Steel Price Decline “Endlessly” at start of 2017

Due to manufacturing accelerating and export amount drop down overall, steel price decline “endlessly”. Domestic steel price decline for all the steel products The National policies has remove all substandard steel, and  reduced production capacity with more effort. The steel price experienced shot-term increase, then starting to reduce gradually. By the 11th of April, the steel product steel billet […]

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Steel Price Trend in 2017

The steel trend 2017 is different than the last year, iron and steel price reached a top point of nearly four years, after steel inventory had reduced for four consecutive weeks. Steel inventory of China reached amount to 15.06 million tons, reduced 380,000 tons from last week, a decrease of 2.52 % until March 17th. Which included 7.57 […]

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Chinese Reinforced Steel Price Offers Stable

Asian steel market deals seems quietly, Chinese reinforced steel price and steel coil, billet, wire price keeps steady. Due to a slight rebound in the domestic market of the Chinese steel price, Chinese export steel price is going steady. Foreign buyers continue to wait and see, and there is not much inquiries. Chinese Hot rolled steel […]

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United States Will Make an Investigation on Dumping Steel of China 2017

Trump will make an investigation on dumping steel of China after the meeting between Chinese President and US President. And he will launch the first batch of specific policies for the trading business with China. Government of Trump is try to activate the previously policy. Trump have signed two executive policies on April 1st, 2017. The policies demanding to investigate the US […]

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