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13
2012-10
Steel price adjustments have increased
On the 10th, a total of 32 major steel mills in the country issued price adjustment information. The number of price-adjusting steel mills decreased sharply from the previous day, and prices continued to rise. The increase ranged from 20 yuan/tonne to 290 yuan/tonne, and the margin increased.
Steel price rebound support Coking coal prices are “long-lasting”
After three months of heavy overcast, the price of coking coal ushered in a long absence. At this time, the price of steel in the downstream of coking coal has risen nearly one month.
International iron ore price rose 12% after China's long holiday
After the Chinese National Day Golden Week holidays ended, international iron ore prices rose by more than 12% as Chinese traders and steel mills returned to the market.
Brazil terminates anti-dumping investigation against 5 domestically-made flat products such as China
On September 27, 2012, Brazil’s Trade Protection Agency announced that it will terminate its anti-dumping investigations on plain carbon and galvanized flat products originating in five countries: Australia, China, South Korea, India and Mexico.
29
2012-05
More good news, steel market tends to stabilize
It is understood that the prices of some steel products have approached the previous lows, and some positive signals have also emerged on the policy front. Therefore, the power of the merchants to sell may be weakened.
Speeding up the approval of major infrastructure projects
Relevant sources disclosed that relevant parties have been required to report all investment plans for the year before the end of June, and project approvals will be accelerated. The central budget funds associated with these projects are expected to be allocated in advance.
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