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Chinese steel rebar prices in Shanghai futures hit 7-week high-金属板材展-棒材展-线材展-金属加工展-2014第十五届广州国际金属板材、棒材、线材及金属加工、配套设备展—全球三大金属展之一巨浪展览- THE 15th GUANGZHOU INTERNATIONAL PLATEMETAL, BAR, WIRE, METAL PROCE
12/5/2013  金属板材展-线材展
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    It is reported that on
Tuesday the steel rebar prices in Shanghai futures advanced to record high since
the middle of last month to RMB3,702/ton.

The overall Chinese steel
price index also went up by 3 points. It is analyzed the determination to
resolve the oversupply issue and to improve weak steel prices by the central
government has sent the signals of promoting a brighter outlook for steel market
demand domestically and abroad according the market insiders.

The new
export orders received by Chinese steel mills also shown the signs of the marked
recovery to support the future price level to higher ground

金属板材展-棒材展-线材展-金属加工展-2014第十五届广州国际金属板材、棒材、线材及金属加工、配套设备展全球三大金属展之一巨浪展览-THE 15th GUANGZHOU INTERNATIONAL PLATEMETAL, BAR, WIRE, METAL
PROCESSING & SETTING EQUIPMENT EXHIBITION


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