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China steel market stituation

Last Saturday and Sunday(Feb 20th,21st,2016),China steel billet continuously raised around 80RMB/MT,12-

13USD/MT.Currently price for steel billet is 1720RMB/MT ,compared with the year beginning 1550RMB/MT. 

Steel Billet raise almost 200RMB per ton. this effect other steel products price deeply.

With this rising,steel beams, steel angle, steel channel,steel bar ,steel coil ,steel pipes all are under rising.

Demand isn’t such good as we expect,so mostly this rising trend will be adjusted soon .

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