According to Shanghai Metals Market, steel prices in China’s spot market continued up this past week. SMM data showed average prices of rebar and hot-rolled coil nationwide rose by RMB 74/mt and RMB 60/mt, respectively, from a week ago. SMM expects spot steel prices to rise in April.

China steel industry has been influenced by more confounded components than any other time in recent memory from upstream side as well as the interest of 7 downstream businesses. On top of this, the presentation of low-wage lodging extend, the weight of swelling control and tight fiscal approach has brought blended effects towards the business.

By following the link CHINA STEEL BRIEFING, you will be able to find more information and get full insights.

Shanghai Metal Corporation is one of the largest manufacturers and suppliers of steel products such as high speed steel strip,hot dip galvanized steel coil, stainless steel sieve/filter tubes,corten steel.

Go and check more about it on our website.




Published by

Shanghai Metal Corporation

As an integrated global manufacturer, supplier of metal related products and reliable services we dedicate this blog to manifest our interests on different topics that would surely brighten your mind everyday. Each article is suited for every types of reader because we value simplicity as the key to transmit messages. Follow us and stay updated ~! Visit our main website to learn more about us : Our address : 20th Floor Yuan Mansion, 738 Dongfang Road, Shanghai, China 200122 Email : Skype : shanghaimetal Telephone : +86 21 6875 6127 Monday - Friday : 9am - 5pm Saturday & Sunday : Available by appointment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s