June 26 -July 3 Roundup of Steel Markets in China

Resource from: CBCC Likes:2963

Jul 09,2009

(June 26 -July 3) The overall bearing steel price showed sign of stability.Until the end of this week, the 50mm hot rolling GCr15 was priced at 4516 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 and market resouces were limited.The steel markers dind't launch price adjustment and took an attitude of wait-and-see.it is reported that steel markers had more orders.People in the earing steel market were cautiously optimistic about it ecause that the rising of building materials and stable quality steel. As far as charging, pig iron market experienced slightly rising ,chromium ferroalloy continued to rise, the price of iron powder and iron remained firm.

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