China's steel prices fluctuated upward in March

In March, China's market demand was strong, steel prices fluctuated upward, and the increase was larger than that in February. Since April, steel prices have increased first and then decreased, and the overall upward trend continues to fluctuate.

At the end of March, China's steel price index (CSPI) was 136.28 points, 4.92 points or 3.75% higher than that at the end of February, and 37.07 points or 37.37% higher than that at the end of February.

At the end of March, the CSPI long steel index was 139.63 points, up 4.67 points, or 3.46% on a month on month basis; CSPI steel plate index was 136.11 points, up 4.94 points, up 3.77%, 0.31 percentage points higher than that of long steel; Compared with the same period last year, the Long steel index increased by 34.96 points, or 33.40%; The steel plate index increased by 40.75 points, or 42.73%.