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Mysteel: A forecast of Chinese steel mills' May ex-w prices
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Date:[4/18/2014] Source：Shandong Hai Steel Co.,Ltd
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Mysteel: A forecast of Chinese steel mills' May ex-w prices
Notably, with the demand-supply imbalance for CRC most prominent, the ex-w prices for the product are seen to drop most, in the range of 100 yuan/tonne and 200 yuan/tonne. HRC will follow CRC with possible declines in the range 50 yuan/tonne and 100 yuan/tonne. But the ex-w prices for long products are likely to be raised further by 50-100 yuan/tonne.
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