China The domestic steel prices

20 May 2022
China The domestic steel prices

          The domestic steel prices continued to fall this week, with the prices of construction steel fell by 90-200 yuan/ton, HRC prices fell by 50-130 yuan/ton, plate prices fell by 20-70 yuan/ton, CRC prices fell by 20-130 yuan/ton.

          In terms of stainless steel, the prices of 304 series stainless steel fell by 100-400 yuan/ton, prices of 201 series stainless steel fell by 150-200 yuan/ton, and 430 series stainless steel fell by 100 yuan/ton.

          At present, both of the supply and demand of in domestic steel market are weak, and BF steel mills are with have low profits or in losses, traders are with pessimistic sentiments and are selling at low prices.


Source : Steelhome

Related News

The information in the above report, publication and website has been obtained from sources believed to be reliable. However, Iron & Steel Institute of Thailand does not guarantee the accuracy, adequacy or completeness of the information. Any opinions or forecasts regarding future events may differ from actual events or results. In addition, Iron & Steel Institute of Thailand reserves the right to make changes and corrections to the information, including any opinions or forecasts, at any time without notice.