Tuesday, December 6, 2011


High demand for construction steel round up domestic steel prices - steel, iron and steel market - Pump IndustryRound up domestic steel prices HC Valve Network: Domestic steel prices continue to rise overall, including tons of cold rolled coils prices rose 150 yuan. CCTV reporter Yang Chao connection below to find details.
Moderator: Steel prices continue to rise, or how much, where relatively large gains?
Reporter: Spot prices of steel in the building last week, rose again in general, including Jinan, Taiyuan, Lanzhou and other markets rose by a larger average increase per ton 100 yuan, Plate prices rise sharply, or the biggest is in Beijing and Tianjin market, up 150 yuan per ton, hot-rolled product prices overall rose 50 yuan per ton, cold-rolled products, the average rose to 150 yuan per ton.
Moderator: Steel prices continue to rise, what is the reason?
Reporter: rising costs push power on the one hand, on the other hand is the demand pull, is mainly two aspects. In addition, one is making the economy take a good demand in the security, on the other hand is a strong ability to shift the cost of some
  Steel Rise in raw materials companies, while the transfer by way of price increases the cost. It is noteworthy that iron ore imports continue to maintain nearly a month is an upward price trend, the current domestic market price of imported ore from 116 to 118 U.S. dollars per ton in the price has reached its highest point during the year than the year lows nearly doubled.

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