May 17, 2021 Leave a message

The Price Of Steel Surged To A New Record

In recent years has maintained a rising trend of steel prices, today (May 10) again sharply up, a record high is no longer news.


May 10 morning, futures market steel prices continue to explore the highest point in history;

By the end of the afternoon, domestic rebar futures 2110 contract surged 340 yuan/ton, easily over 6000 yuan/ton mark, rose to the high of 6012 yuan/ton, up 5.99%;

Hot rolled coil set a new high after setting a new record on May 8, rising by 358 yuan/ton to a high of 6,335 yuan/ton, an increase of 5.99%.


Spot market, domestic steel prices continue to soar.

Lange steel cloud business platform monitoring data show that the Beijing market rebar price has risen to 6300 yuan/ton, an increase of 500 yuan/ton;

Hangzhou market, Xi 'an market increase are more than 300 yuan/ton, mainstream resources offer reached 6000 yuan/ton;

The average price of 25mm three-level rebar steel in the top ten key cities in China has reached 6066 yuan/ton, up 374 yuan/ton compared with the last trading day.


Bulk market boom thunder, A-share coal, non-ferrous metals, steel and other erupted, iron ore concept stocks rose collectively, precious metals index up 4.11%;

The base metals index rose 3.65%;

Coal rose 3.61%;

The steel index rose 3.07 per cent.

Among the stocks, Jiugang Hongxing, Shougang, Yongxing Materials, He Steel Resources, Hainan Mining, Jinling Mining closed up by the daily limit.


Send Inquiry

whatsapp

Phone

E-mail

Inquiry