Debar price to suffer fluctuant within this year

metalbiz888

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In recent one week, in Shangshai and its surrounding market, construction steel demand, such as deformed bar (debar) and wire rod seems appearing an operating situation of reconditioning and price comeback, the exchange becomes more active than previously, traders’ sales soars to some extent and hold an optimistic view on latter market, however, some uneasiness still lurks in some operators’ mind.

Liang Taigeng, the general manager of Shangshai Hualei Enterprise Development Co., Ltd expressed that debar price still had a fluctuant and rebounding process within this year, so it was difficult to apparently jump.

According to the market investigation from Shangshai Hualei, debar price in Shangshai market began to rebound from the bottom when entering mid-November after suffering a continuous fluctuation and comeback, and slightly fell back this week and was generally higher than that in Beijing and Tianjin market, from chinametalbiz.com.

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