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  • Shandong Iron and Steel Group cut price contrarian, steel market volatility
  • Steel market price volatility , Anshan iron and steel enterprises,Wuhan Iron and Steel, baosteel three adjustable high price in October,but shandong steel price open reduction yesterday.

    September 19 , Shandong Iron and Steel Group Rebar price drop 100 yuan per ton , which is entered in September , the first large state-owned steel price cut. According to Lange Steel mesh data showed on Sept. 19 cut rebar Shandong Iron and Steel Group 100 yuan / ton , ¦µ16-25mmHRB335 the Guapai Jia adjusted to 4,470 yuan / ton. Other species are also decline rebar up to 100 yuan / ton .

    Shandong steel contrarian price reduction , now also has not been more recognized companies . Angang Steel Wuhan Iron and Steel price hike at present in addition to , the Hebei Iron and Steel ( 3.89 , -0.03 , -0.77 %) also began brewing since the September price increase after another round of price increases . Hebei Steel , according to the work of the meeting held yesterday, shows that Hebei Iron and Steel Yi-Fang Wang , general manager of sales department requirements , "keeping the situation in a timely manner to adjust the price to do a good job to do , to get the benefits of getting back .

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