24 Hour Emergency Steel Machining Response

Steel prices soaring, the gross margin has amounted to one thousand yuan from steel mill

Since middle of may, steel price is soaring , "the price of raw material is falling, but  the price of finished product is rising, steel mills to realize  harvest profits , at present, the construction steel rebar gross profit has reached 1163 yuan/ton, one thousand yuan profit make people see more mess."
-an analysts named  Miss Li  from  construction steel industry  to report for  reporters who work at Gold securities.
However, prices rose too much too fast and too nasty, market risk has been accumulated, experts predict that when  the hot weather, the wheat harvest season is coming  in June , shutdown occurs  at the construction site , the support under the condition of insufficient demand, steel prices is difficult to maintain a high state.
This price rise up is illogical 
Although this year's steel prices experienced several times during the callback, the overall trend is shocks upward run. Under a big Bob policy stimulus, steel prices began to rise from the beginning of the year, but under the condition of  the people  stock up actively, high inventory, and suddenly to market, from mid-march began to steel prices fell sharply, and the drop up to 600 yuan/ton.The market start to rise again in April . after entering in end of May, steel prices continue to rise, the current price again approaching high in this year. Unitl to 24th,May ,  stock cost of rebar is 2734 yuan, profit about 1163 yuan/ton .

The price of steel market  frequently fall and rise
"Since may, go down  or rise up for a few days are the norm phenomenon , and in an instant, soaring to the cloud nine days, plunged to earth crumbles! Do the steel trade industry is so exciting!"A steel traders said.
The personage inside says, because of the market resources not too much , the businessman also is in no hurry to shipment, short-term steel prices further up the possibility of catch-up.But in the boundless surge, bedding bag alarmingly high risk.
Miss Li  from  construction steel industry  to report for  reporters who work at Gold securities.
when the hot weather, the wheat harvest season is coming  in June , shutdown occurs  at the construction site , the support under the condition of insufficient demand, steel prices is difficult to maintain a high state.
In the short term, the current market price or slightly adjusted after 50-80 yuan/ton, gradually increase the amount of cases, after the arrival of the goods may open the downlink channel, the ShiGang enterprise profit will gradually into the reasonable range.

Are you also interested in further steel processing (machining)?

Just like you, 70% customers choose long-term cooperation with BBN steel not only for our good product and service quality, good reputation in the international market, but also for our experienced one-stop raw material supply and further steel processing!

Fabrication and Machining Service24h Technical support

Contact Us

Henan BEBON Iron&Steel co.,ltd.

Send Order Request