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Home Steel News Narrow strip prices in Wuxi market good
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Narrow strip prices in Wuxi market good

27 Jul 2006 18:59 reported by Piper Hu

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The price for narrow carbon steel strip in China’s Wuxi market is currently looking good. According to some traders there is some confusion in the market regarding prices and shipments have also been more controlled and this has helped the market to recover. But the price of medium width strip has been falling. Prices dropped by around RMB100/ton. The market for medium width strip is currently weak and new resources have arrived in the market. Rising stock levels have had a bad influence on the market. (July 27)

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Metal Price Index

  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug13,50014,00014,50015,00015,50016,000
  • 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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