Steel prices fell, hit a steel cash cost steel production
Since June 2011, steel prices stumble endlessly ". The threaded prices in May 2011 after hitting 5,000 yuan / ton, the current has dropped to 3600 yuan / ton, down 28%. This round fell gone through three stages: the first phase, 2011 to August 2011, the initial stages of decline, loss of steel traders, steel production meager profits; the second phase in September 2011 May 2012, the second phase of decline, not only the loss of steel traders, steel mills also appeared in production losses; third stage 2012 years 06 months since the third stage of the decline in steel trade losses, ore traders and some manufacturers loss of some steel mills hit a cash cost of maintenance shutdown.



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