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Oct 30-Nov 6 Roundup of Steel Markets in China

Resource from:  CBCC Likes:2970
Nov 10,2009
(Oct 30 –Nov 6) The bearing steel price had not changed much. Until the end of this week, the 50mm hot rolling GCr15 was priced at 4499 Yuan/ton.while 100mm annealing GCr15 was quote 6379Yuan/ton. 4350-4400 Yuan/ton and 5200-5250 Yuan/ton have become the dominant price for the hot rolling GCr15 and annealing in Eastern China.Some steel makers increased the factory price of bearing steel.Shijiazhuang Steel have marked up by 100 Yuan/ton.There were some steel mill maintenance affected the bearing steel output. The bearing steel will continue to run stably next week.
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