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NEWS
The Domestic Steel Price Reach High

     As the capital market "pull up" and cost uplifted, the domestic spot steel prices keep rising ,which has reach a new height this year. Market risk is also gradually gathering. Iron ore market is the same, which prices is higher than the last two years.
     According to the latest the latest market report, the domestic spot steel price up 7.23 percent a week. At present, the black varieties prices climb high. Many participants believe that, on the one hand, the capital market pulled up sharply led the market to "do more" sentiment; the other hand, the steel mills significantly raise prices due to rising costs, combined with haze limit production factors led to market inventories Low. It is noteworthy that the manufacture waits for the decreasing.So the overall market transactions is general , which maks steel prices arise weak.

The Domestic Steel Price Reach High