Steel products fell across,seamless tube is relatively strong
Issue Time:2017-03-27
By the stock market risk accumulation and futures market decline in the impact of the March 22 steel index 940 points, fell for a week, compared with the end of February has fallen 31 points, down 3.19%. Of which construction steel fell 1%, iron ore, galvanized, color coating fell more than 3%, hot and cold rolling fell more than 8%. While the seamless tube is relatively strong, down only 0.18%. Mainly raw material billet prices are relatively strong, cost support, even if the downstream transactions slowed down, business prices are relatively stable mainly, some customers to low profit shipments.
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