Cold Rolled Steel Price in India is Kept Rising

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Cold Rolled Steel Price in India is Kept Rising

It is reported that the price for cold rolled steels has been risen by about usd25/ton in last week. While the demand seems being stable and without obvious rising accordingly.

Meanwhile, price policy for steel products from Chinese mills are published and most percent prices are taken in a higher level comparing with Dec, one side the government takes production limitation policy again because os environment matter, among them mills in Hebei area are effected heavily, with that some mills can not offer a useful delivery schedule to clients.Another side, the stocks in market is getting less and less, and higher price will make this condition worse because all stocklist will worry a loss when price having a down.

TJC Iron& Steel(Group) Co.,Ltd