24 Hours Hotline : +86 131 0325 0627

Who We Are >> News

China Steel Prices Drop Over 5% On Concerns Of Scrapping Winter Curbs

Sep. 14, 2018

Chinese steel rebar futures dropped 3.5 percent in early trade morning adding to the 2 percent overnight drop on concerns that the country will abolish the mandatory winter shutdown requirement.

China Steel Prices Drop Over 5% On Concerns Of Scrapping Winter Curbs

The January contract sank the most yesterday since March to its lowest in more than six weeks.


China is considering allowing its northern provinces to decide individual output cuts by heavy industry to rein in emissions during the winter as opposed to an earlier plan for blanket cuts, according to a Reuters report. The report indicated that local governments will decide their output cuts so as to limit economic disruption.


An official of China’s Ministry of Ecology and Environment, however, indicated that the reports of removing winter output cuts is not true, according to the China Securities Journal. The government official said the document on air pollution curb was misinterpreted, the report added.


Hot Products

Focus on precision parts manufacturers

Factory Mild Steel Plate Carbon Steel Plate Corten Plate Alloy Plate
Factory Mild Steel Plate Carbon Steel Plate Corten Plate Alloy Plate
Hot sales Hot Rolled Steel Sheet/Coils HR STEEL MILD BLACK PLATE
Hot sales Hot Rolled Steel Sheet/Coils HR STEEL MILD BLACK PLATE
China supply black hot rolled steel sheet high strength steel plate
China supply black hot rolled steel sheet high strength steel plate
Q235 mild carbon steel sheet plate hot rolled thickness 6.0mm with mill edge
Q235 mild carbon steel sheet plate hot rolled thickness 6.0mm with mill edge