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Steel price continue rising
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Date:[3/22/2010] Source：Shandong Hai Steel Co.,Ltd
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According to xinhua well-known domestic steel information institutions "My steel" the latest market report, in the past week, not only continue rising domestic steel market price, but also the "power", attack on steel varieties tons price rises are single week more than 150 yuan, basic varieties is part of this year's biggest appeared.
According to the "My steel", the monitoring of steel rolling, except for the week, the main products of all varieties of tons of steel prices range are more than 150 yuan, Among them, architectural steel, medium thickness plate rise more than a single week 200 yuan, is the largest increase this year.
Insiders believe that the current price obviously presented cost-driven "characteristics, the rising cost of raw materials has covered the other market expectations uncertainty risk factors. Sinosteel has issued a statement against the iron ore producers to increase dramatically.
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