Steel prices have slightly risen, while the decline in ore prices has led to a decrease in costs.
On September 21, the steel industry opened slightly higher today, with more than half of the stocks rising. Dongfang Securities recently released a research report indicating that ore prices continue to decline, and steel mill costs have slightly decreased. Social inventory continues to decrease slightly, alleviating inventory pressure significantly compared to the beginning of the year, providing favorable conditions for a rebound in the steel market. Currently, Xining Special Steel is up 1.34%, Xin Steel Co. is up 1.13%, Xinxing Ductile Iron Pipes is up 1.05%, and Jiuli Special Materials is up 1.04%.
2019-02-23
On September 21, the steel industry opened slightly higher today, with more than half of the stocks rising. Dongfang Securities recently released a research report stating that ore prices continue to decline, and steel mill costs have slightly decreased. Social inventory continues to decrease slightly, and inventory pressure has greatly eased compared to the beginning of the year, providing good conditions for the steel market to rebound from the bottom.
Currently, Xining Special Steel is up 1.34%, Xin Steel Co., Ltd. is up 1.13%, Xinxing Ductile Iron Pipes is up 1.05%, and Jiuli Special Materials is up 1.04%.
Contact Us
Telephone:
Fax:
86-0757-85220633
E-mail:
Address:
Foshan Nanhai Songgang Shannan Development Zone South District
Address: South District, Songgang Shannan Development Zone, Nanhai, Foshan City
Leave us a message
Have questions or need more information?