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Mysteel weekly survey of construction steel inventory

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Mysteel weekly survey of construction steel inventory

  • Categories:Company News
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  • Time of issue:2020-01-17 17:34
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(Summary description)Abstraction: Steel price in China went up sharply on the back of soaring futures, raised mills' prices, rising billet and raw material. Mills would like to increase supply continuously because of juic

Mysteel weekly survey of construction steel inventory

(Summary description)Abstraction: Steel price in China went up sharply on the back of soaring futures, raised mills' prices, rising billet and raw material. Mills would like to increase supply continuously because of juic

  • Categories:Company News
  • Author:
  • Origin:
  • Time of issue:2020-01-17 17:34
  • Views:
Information

Abstraction: Steel price in China went up sharply on the back of soaring futures, raised mills' prices, rising billet and raw material. Mills would like to increase supply continuously because of juicy profit. However, it is hard to release production as a result of severe environmental inspection. The weekly utilization rate of rebar and wire rod is expected to stay at the current level this week.

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