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Steel News

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Home Steel News China steel strip market weaken
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China steel strip market weaken

7 Dec 2006 10:09 reported by Piper Hu

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The carbon steel strip in Chinese market has been on down trend these days as it was in November. The main reason is that duty imposing on export billet. Meantime, the related downstream industry will come into a off season as well as winter. It is expected that this situation will be lasted in December. Current price of hot rolled strip is about RMB3, 096 (US$395). (Dec. 7)

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Metal Price Index

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  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug2500260027002800
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug220023002400250026002700
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug800085009000950010,00010,500
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LME Official Bid Price

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  • 3 Months
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  • 2,710.00
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  • 2,601.50
  • 2,597.00
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  • 10,040.00
  • 9,966.00
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  • 15,225.00

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