steel prices rising for?? Market demand, "lit", raw material prices, "pouring oil"
"This round of steel price rise was actually more fierce." Deputy general manager Wang Yongsheng Shandong Taishan Iron and Steel Group said. This year in May, the Thai production of hot rolled wide strip steel prices for 5800? 5900 yuan / ton, while last year the price was only 4200? 4300 yuan / ton, up nearly 38% year on year; Thai Cold Rolled Steel Production broadband, 5 also the month prices rose nearly 35%. Thai steel sales department official told reporters, constantly adjusting prices, has become a major event in the first half of Thai steel. Shanghai, Tianjin, Guangzhou, Chongqing and other major domestic steel market, the hot and cold coils appear on the market prices up 100 yuan / ton in the case.
"This round of steel price increases, the direct cause is the
18 February nick grey jersey this year, the Brazilian mining company Vale announced one after another with Nippon Steel, Posco and ThyssenKrupp Boda Cheng's 2008 international benchmark price of iron ore: iron ore per ton in southern Brazil FOB increase from last year's 46.87 U.S. dollars to 77.37 U.S. dollars, while high-grade ore from 49.12 U.S. dollars Caracas up to 83.99 U.S. dollars, or 65%, 71%. Current Iron ore prices Is already the sixth time since 2003, or close to record high, second only to rise 71.5% in 2005.
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