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Steel Price in 2017 year

Information transferred from the website MARKET REALIST. Title: Why Stable Chinese Steel Prices Could Support US Steel Pricing By Mark O’Hara Dec 1, 2017 Chinese steel prices However, Chinese steel prices have been strong this year. According to Antaike, average hot-rolled coil prices in China are currently in the ballpark of 4,200 yuan (~$636) per metric ton. Prices have risen more than 10.0% this year. Notably, Chinese steel prices have risen almost 40.0% from their April lows. Looking at November, we see that Chinese [...]

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