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April 10 ---April 17 Roundup of Steel Markets in China

Resource from:  CBCC Likes:2967
Apr 21,2009
(April 10 ---April 17) The bearing steel price haven't changed much this week and adjusted by small margin in a few areas,which ranging about 50Yuan/ton. Until the end of this week, the 50mm hot rolling GCr15 was priced at 4596 Yuan/ton, while 100mm annealing GCr15 was quoted 6686Yuan/ton. The deal volumes were general. The distributors had a good shipment but small profit.In general,the market reseouces were all limited. As for the steel makers, the price remained steady.Except the purchase Price was slightly increased by some steel makers, the whole disposed steel price was stale. High chrome price basically leveled off and Coke was still stable.
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