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China Steel Price In 2018 Will Be Slightly Lower Than 2017
- Apr 12, 2018 -

Baosteel is expected to 2018 steel price overall level is slightly lower than 2017.

Baosteel's financial director Wu Kunzong in 2017 online show said the global macroeconomic to good, external need to have some room for growth, but the Sino-US trade disputes and prevention and control of major risks of the regulatory policy will affect China's steel demand, China's demand for steel is expected to decline year over, the overall level of steel prices may be slightly below of 2017 years.

Iron ore (451,-3.00,-0.66%) stone market as a whole still maintain oversupply pattern, mining prices with steel price fluctuations, do not have a substantial rise in the foundation.