Steel Price Continue Downward Trend in China

  • Wednesday, July 11, 2012
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  • Keywords:Steel China
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[Ferro-Alloys.com] 17 major steel mills released price information on July 9th, with the prices for steel product continue the downward trend, but downward range was continue to narrow compared with previous day.
 
These 17 steels have all lowered the price for construction steel products. The reduction range is from RMB10/mt to RMB120/mt. Among these 17 steels, one has lowered the ex-factory price for plate steel product, with the reduction range of RMB20/mt to RMB50/mt. The downward range continues to narrow compared with previous day.
 
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