Today's steel price keeps rising as a whole, although iron ore futures prices have fallen back, but the spot price still keeps the inertia of yesterday's rise. The price of building materials and steel sheets in major cities of China has risen by an average of 20-30 yuan/ton, and the quotation of steel mills has risen steadily. It is expected that steel prices will continue to rise with the digestion of the news of iron ore production reduction, but the increase will gradually narrow.
On spot, according to statistics, the average price of 20mm HRB400E in 24 major markets in China is 4008 yuan/ton, up 28 yuan/ton from the previous trading day; the average price of 4.75mm hot rolled steel coil in 24 major markets in China is 3863 yuan/ton, up 30 yuan/ton from the previous trading day; and the average price of 14-20mm general medium steel plate in 23 major markets in China is 3963 yuan/ton, up 20 yuan/ton from the previous trading day.
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!
Henan BEBON Iron&Steel co.,ltd.
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