Latest China of steel prices trend

May the domestic construction steel prices market shocks, slightly down trend, domestic building materials prices rose and then fell, although some businesses eager to pull up, but the actual volume does not follow suit, there is no significant change in the overall market price. Due to the recent arrival of small local markets, the declining trend in the overall stock market. From key markets in Beijing, Shanghai and other places to price movements, basically are in a slight concussion running in the market, no significant increase in purchases in the case, the market is difficult to have better opportunities.

From the overall market trend, the domestic construction steel market in May than in April a slight decline. As of May 27, the domestic 25mm rebar price in 3555 yuan / ton, late last month down 56 yuan / ton; including Beijing 25mm price of 3520 yuan / ton, late last month fell 10 yuan / ton; Shanghai 18 - 25mm price of 3380 yuan / ton, late last month fell 100 yuan / ton; Guangzhou 18-25mm price of 3670 yuan / ton, late last month rose 20 yuan / ton; domestic 6.5mm high speed wire price in 3608 yuan / ton, late last month fell 37 yuan / ton, Beijing 6.5mm high speed wire prices in 3540 yuan / ton, unchanged from last month, Shanghai 6.5mm high speed wire price is 3390 yuan / ton, late last month fell 30 yuan / ton, Guangzhou price 3700 yuan / ton, late last month fell 10 yuan / ton.

According to the China Iron and Steel Industry Association, the latest data show that its member companies in early May crude steel output to 1.748 million tons, an increase of 2.71% mid-chain, the national estimate is 2,192,900 tons, an increase of 3.02% mid-chain. National crude steel output hit a late degrees with high caliber and less Bureau of Statistics announced in April the national crude steel output (2.188 million tons) high 05,000 tons, or 0.23 percent. In early May the national crude steel output rose a new direction since the second quarter of blast furnace production gradually into a relationship on track, but also with steel mills to increase production costs for the dilution of efforts related. In the absence of significant positive macro-policy side and demand-side effects of the rainy season by Southern backdrop, the high crude steel output will continue to put pressure on the market.

With the advent of June, most of the country all will enter the hot and rainy season, outdoor construction progress of the project will be greatly hindered, the steel city will officially usher in the season, coupled with the originally scheduled to be held in March about working conference on cities and towns because the reasons for planning a push again, the terminal needs significant volume expectations are not high, the market mentality and many more cautious bearish based, and although the national building social stock consecutive ten weeks continued to decline, but still compared to the same requirements relatively high, it is expected that the market "to the inventory, lower risk," will remain a major operation, building materials prices will continue to run in the bottom of the stage.

In summary, due to the recent bad policy side still prevail, and the market supply and demand is still there, the cost of late also continue to support efforts to weaken possible, coupled with volatile international economic situation, the risk of financial market volatility is still large , is expected in June domestic construction steel market prices will remain within a narrow range downward trend run, like Galvanized steel, galvalume steel, ERW Pipe, Galvanized angle iron, Prepainted Steel, etc, will keep stable stake.

Getting Most Comprehensive Steel Information

The steel industry has hundreds of years history all over the world, following the quick development of high-tech, steel have divided into all kinds of styles to satisfy different demands for almost industry. Whatever China Steel or other countries steel suppliers, having formed a relatively mature industry chain. The below we will provide you some popular steel information to help you learn the latest steel products.

Firstly, I recommend you to know angle iron better. Commonly, angle iron is known as on both sides perpendicular to each other into a corner of the bar of steel. And it is divided into equal angles and unequal angles. According to the different structure needs, angle iron can compose of a variety of different force components, and also can be used for connections between the components. Certainly, angle iron is widely used in different building structures and engineering structures such as beams, bridges, transmission towers, hoisting and conveying machinery, ships, industrial furnace, reaction tower, container frame and warehouse shelves, etc. In addition, angle iron belongs to a simple section of carbon structural steel, which is mainly used for metal components and framework of the plant.

Secondly, there is a kind of vastly using steel----steel channel, which is a cross-section of the groove-shaped strip of steel. According to different categories, steel channel is divided into different styles, for example, via the different shape, it can be divided into four kinds: Cold equilateral channel, ranging from cold-formed side channel cold-formed Lipped Channels, cold-formed outer edge channel. And the applying of steel channel is widely, generally, it mainly used for building structure, vehicle manufacturers and other industrial structure, specially, steel channel can be used in conjunction with h beam.

Thirdly, Prepainted Steel is a special steel, which is made from cold rolled steel and galvanized steel with surface chemical treatment after coating or composite organic film, then bake curing. Therefore, prepainted steel not only owns the performance of steel material high mechanical strength and easy to shape, it also has good decorative coating materials and corrosion resistance. And it respected as today’s world new materials and get more and more wide using. Usually, prepainted steel is used in building, appliances, electrical and mechanical transport, indoor decoration, office furniture and other industries.

Finally, ERW Pipe just is Electric Resistance Welding, which is different from ordinary pipe welding process, and erw pipe is is made ​​by the parent material of the strip body melting, mechanical strength than the average pipe. Usually, ERW said resistance welding, resistance welding has high production efficiency, low cost, material saving, easy automation features, it is widely used in various industrial sectors of the aviation, aerospace, energy, electronics, automotive, light is important welding processa. And ERW Pipe is also used to transport oil, natural gas, to meet the high and low voltage requirements of the conveying pipe in the world sector accounts for a pivotal position.

Via the above some related steel product instruction, we can know that steel industry plays so important role in whole industry development. Although, now steel prices have great difference from before, the quality of steel is getting better, and all sorts of special steel products can satisfy more range demands.