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China Steel Market Price Keep Rising

China Steel Market Price Keep Rising

2015-08-03

Got news this morning, Steel Billet rised 70RMB/MT , keep supporting last week’s rising trend.

Currently China steel billet price 1890RMB/MT .

Effected by Billets rising, Stock material price rise a lot , construction material price  rebound 

total around 100RMB/MT.

As China 70 anniversary of the war approaching, the environment will follow the request APEC 

Request in 2014,som mills are forced to stop production, and with previous some mills cut the 

the production quantity, annual checking, the stock in the market not so much. Some even stop

offering to the market.

So the manufactures rised the price frequently, the end users also arrange 

the purchasing in advance. all these enhance the market rising. Give big support to

the price rising.

Till now all believes market will keep rising in August. but last still depends on the 

real request .

Till now the market price as below with break bulk shipment:

HR Coil./Sheet: FOB XINGANG  340-345USD/MT

ERW PIPE(SCAFFOLDING FOR EXAMPLE) :  FOB XINGANG 400USD/MT

HR  ANGLE,HR CHANNEL,UPN: FOB 390-420USD/MT

HR BEAM: FOB 355-365USD/MT

For more exactly details or latest offer,pls ctc with US

Ontrend Industrial Limited ,Steel Supplier for ERW STEEL PIPE, STEEL ANGLE, STEEL CHANNEL,STEEL BEAM.

DEBAR, ,HR COILS AND SHEETS.

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