REVIEW: 18th,November, Wuhan Iron and Steel, Anshan Iron and steel released their price policy in December, the main cold, hot-rolled sheet prices are adjusted downward 150-300 chinese yuan / ton.
Industry analysts believe that this steel price policy does not change big, not contrary to market’s expectations. On the one hand, off season comes with winter, the market does not look much for the later market, at the same time,the market is also expected for the tight trading led to the recent pessimistic, in addition, steel prices are rising too fast indicated bringing shock consolidation of the objective requirements.
YUSHENG IRON AND STEEL CO.,LTD
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