Hebei Borun Steel Trade CO.,LTD

 

TO BE YOUR BEST PARTNER IN STEEL WORLD ! 

 

 

Sales & Support
Request A Quote - Email
Select Language
English
Spanish
Home
Products
About Us
Factory Tour
Quality Control
Contact Us
Request A Quote
Home News

Steel prices to stay low for next 3 to 4 years

Good quality OCTG Accessories for sales
Good quality OCTG Accessories for sales
I'm Online Chat Now
Company News
Steel prices to stay low for next 3 to 4 years
Low steel prices will remain for the next 3 to 4 years due to oversupply of 450 million tons in steel market, most of it comes from China, said Rafael Rubio, general director of Latin America Steel Institute (Alacero).
 
According to data of Alacero, 48% of global steel production belongs to China.
 
Rubio said the average price of China's steel in Latin American market was $944/ton in 2011, it dropped to $658/ton in 2014 and so far this year reached $601/ton, which means a significant drop of 36% in only 4 years.
 
Steel prices to stay low for next 3 to 4 years
Pub Time : 2015-07-01 15:33:08 >> News list
Contact Details
Hebei Borun Steel Trade CO.,LTD

Contact Person: Ms. Melody C.

Tel: 86-317-5501333

Fax: 86-317-5501333

Send your inquiry directly to us (0 / 3000)