Feb. 2-9 Roundup of Steel Markets In China

Resource from: CBCC Likes:3044

Feb 27,2007

Feb. 2-9 Roundup of Steel Markets In China (Feb. 2-9) Trade of bearing steel remain as last week, price was kept in an average level. As the spring festival is approaching, distributors are preparing for going back home for the annual family reunion. Some steel makers raise their price to set off the increasing price of raw materials. Feb. 6, Dongbei Special Steel raise their price by 100 yuan/ton; Feb. 7, Juneng Special Steel raise their price by 100 yuan/ton(take effect in Feb. 20)

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