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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 advanced continuously on the back of upward fluctuated futures, rising billet and raw material. Stimulated by juicy profits, mills would like to increase supply conti

Mysteel weekly survey of construction steel inventory

(Summary description)Abstraction: Steel price in China advanced continuously on the back of upward fluctuated futures, rising billet and raw material. Stimulated by juicy profits, mills would like to increase supply conti

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

Abstraction: Steel price in China advanced continuously on the back of upward fluctuated futures, rising billet and raw material. Stimulated by juicy profits, mills would like to increase supply continuously. However, severe environmental inspection may restrict capacity release of steel mills. The weekly utilization rate of rebar and wire rod is expected to maintain the current level this week.

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