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| TITLE |
Until when is the steel price in the world keep on weak in a market? |
| WRITER |
administrator |
DATE |
2010-11-11 15:46:15 |
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Steel market in China, America, and Europe is slow…WSD forecasts, will be recovery beginning of next year.
World steel price keeps on weak in a market. The steel price of most Area, America, Europe, and Japan with China as its center dropped except for the Middle East Asia. The steel price of the Middle East Asia shows a little rising trend. Early in November, currently distribute price of Hot Rolled Steel Sheets, Cold Rolled Steel Sheets, Steel Plate in Shanghai is each of $560, $678, and $570 per ton that drop down $3 to $5 in compare with the end of October. Galvanized Iron Steel Sheets was recently $734. It also dropped $6/ton. Most kind of Steel Plate price drops down a little. These are standard price excluded 17% of VAT.
Manufacture price of Hot Rolled Steel Sheets in America is $617/ton. This price is $11 on a slump in the market in compare with last October. Cold Rolled Steel Sheets and Steel Plate keep on the price, each $739 and $860 as well. Manufacture price of Hot Rolled Steel Sheets in Europe is $718/ton. This price is recently $42 on a slump in the market. Cold Rolled Steel Sheets is also $829/ton, drops down $27. In circumstance, WSD forecasts steel price in a market keeps on weak until end of this year, but it will be recovery beginning of next year. |
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