C-beam prices generally low increase may pull up again after the holiday

May 23, 2016

Recalling the January C-shaped steel market, "Zhangshengyipian" is its best overview. Although the end of all varieties have different levels of price correction, but the overall trend is one the better. Wherein the billet cumulative increase had reached 150 yuan / ton, while the field with a C-shaped steel market is the highest single-day appeared to pull up 100 yuan / ton "feat."

However, near the end of the month, C-shaped steel market ascribed callback signs slab once more gave up 110 yuan / ton increase, again at a relatively low price, the price of steel and other timber, also experienced varying degrees of callback . Although, in terms of the market before the Spring Festival, the price correction is clearly a bearish; however, on the market after the Spring Festival, the current C-beam market price correction is actually a holiday market ahead of the release of the downside risks.