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June 5 -June 12 Roundup of Steel Markets in China

Resource from:  CBCC Likes:2963
Jun 17,2009
(June 5 -June 12 ) The overall bearing steel price showed sign of stability.Until the end of this week, the 50mm hot rolling GCr15 was priced at 4464 Yuan/ton.while 100mm annealing GCr15 was quoted 6554Yuan/ton,which remained the same as that of last week. The deal volumes were general this week.Nanjing Steel and Huarun etc steel makers raised the quotation of bearing steel by 50 Yuan/ton.Most of distributors remained the former price.The downstream distributors didn't increase the purchase quantity. As far as charging, the iron concentrate orders were obvious better,and imported mine was stable.
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