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Mysteel: Forecasts of leading steelmakers' ex-w prices in Jun
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Date:[5/13/2013] Source:Shandong Hai Steel Co.,Ltd
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Mysteel: Forecasts of leading steelmakers' ex-w prices in Jun
China's top steel producers one after another cut their ex-w prices for May deliveries of steel products, roughly echoing earlier estimates made by Mysteel analyst Wangbei, except Baosteel which disguised price reduction as subsidies to buyers. As the releases of ex-w prices for Jun shipments are around the corner, how these steelmaking giants will retune their quotations is the focus of attention on the market, so Mysteel tries to shed some light on this issue on the basis of market fundamentals.
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