China construction steel market showing an expecting next year

metalbiz888

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According to the investigation and analysis of operators and insiders, construction steel market of 2009 shows an air of expectancy, stabilization and slight fluctuation will be the essential characteristics.

This year, domestic construction steel market suffered shaken changes, prices continuously ascended and descended. In the first half of the year, the whole market warmed up in series, prices sharply soared, thereinto, prices of ┆6.5mm high-speed wire rod and ┆20mmケ deformed bar once respectively inclined to 5,850 yuan per ton and 5,535 yuan per ton, correspondingly boomed 1,350 yuan per to and 1,050 yuan per ton when compared to the end of 2007. However, when entering the second half of the year, the good situation suddenly turned, prices significantly descended and presented an irrigational sharp drop situation, while some ordinary deformed bar price plunged to 3,000 yuan per ton in October, showing a rare phenomenon.
 
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