From the United States announced in June longs mill price stability, the U.S. steel market remained stable. Local rebar prices for the basic specifications of 620-640 U.S. dollars / short ton, to maintain the level at the beginning, but in April fell 40 U.S. dollars / short ton. Market purchases rose slightly, but the steel profitability does not improve, so offer firming. Expected short-term U.S. rebar market will remain stable, three quarter or gradually.
U.S. plate market fell to the lowest level this year
Since the end of February the U.S. steel plate price increases will be 30 U.S. dollars / short ton, the U.S. plate prices in March and April by the 690-710 U.S. dollars / short ton rose to 720-740 U.S. dollars / short ton, but 5,6 month fell again this week, fell below the level before the price increases to 680-700 U.S. dollars / short ton, the lowest since this year. Local poor demand, steel stocks higher, shorter delivery time. But the market is expected to present or near the bottom of the steel, and further downside is very limited.
Tags:P 275 N,P 275 NL 1,P 275 NL 2,P 355 NH
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