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On October 25, China's steel price continued to be weak and the transaction narrowed significantly

On October 25, China's steel price continued to be weak and the transaction narrowed significantly

On October 25, China's steel price continued to be weak and the transaction narrowed significantly 

 

On October 25, the price of China's main steel products continued to be weak. Specifically, the average price of rebar compared with the previous trading day price fell 29 yuan/ton; The average price of medium and heavy plate fell by 19 yuan/ton compared with the previous trading day; The average price of angle steel was 12 yuan/ton lower than the previous trading day; The average price of channel steel was 12 yuan/ton lower than the previous trading day; The average price of steel strand fell by 19 yuan/ton compared with the previous trading day. Graphite electrode is the conductive material required for electric furnace steel smelting, low carbon and environmental protection. 

Table 1 Steel prices in major cities of China.png 

Steel plant price adjustment: On October 25, a total of 9 steel plants in China released price adjustment information, with the overall adjustment range was 0-60 yuan/ton (except for special remarks, the above adjustment range and implementation price are tax inclusive). For specific factory price, please inquiry the "Steel Plant Price Adjustment Information" column in the "Steel Plant Information" column. Welcome to contact us for more steel industry news.

Table 2 Steel plants' construction steel price adjustment in China on Oct 25.png

 


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