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The steel city is present “the supply and demand refuses to compromise” the diff

According to the latest market reports, steel city vulnerable still. At present, the Shanghai secondary screw-thread steel representative specifications of tons of quality product prices at around $ 3,970; quality product in Shanghai three-stage screw-thread steel offer at about 4,100 dollars a tonne, are flat to the week. Tracking the market analyst said, has two weeks to stabilise spot steel prices.
  
According to Association statistics, May the domestic steel prices fell by an average of more than $ 100 a tonne, taking into account the adjusted raw material costs of lag, this projection May may into the steel industry industry-wide loss-making situation.
  
Institutional analysts, steel apparent in "supply and demand of stalemate" situation, demand release to Terminal required, turnover to improved significantly in the short term.




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