- steel business
- Issue Time
Steel products fell across,seamless tube is relatively strong
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.