| Steel - HRC/CRC |
| Latest Updates |
HRC Price to Go up with Fluctuations in Shanghai
HRC market appears upward signs since Mar, as demand becomes a bit more, price goes up and traders are confident of bullish future. Li Shuangzhong, GM of Shanghai Ruikun Metal Material Co., Ltd, thinks that HRC market price will continue the rising tendency in Shanghai.
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Mysteel Survey on Rebar and HRC Price Outlook Expectations during 2nd week of Mar, 10
The survey of 46 steelmakers and 133 traders show that the majorities believe prices for both rebar and HRC will remain stable in the second week of Mar, 2010.
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HRC Price Expected to Hike in Late Mar
“Market price for HRC stays in correction at present; however, will move up about 20 days later,” Luo Yaoshun, GM of Shanghai Shunma Industry Co., Ltd expected.
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