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The domestic price of steel remains steady on Aug.4th to 10th,2014

2014-08-21 10:47

 

Article source:the ministry of commerce market operation department   Posted in:2014-08-21

 

Business forecasts:In the late of July,with the output of crude steel and social social inventory decreasing,the price of steel helds a steady level for two weeks.Among which,the price of common medium plate and welded steel pipe fell 0.2% month-on-month.And the price of hot rolling common sheet and rebar are up 0.1%.

The fact that steel price keeps steady maybe a good new for the industry of which raw material is steel.With the raw material price stays the same,the cost of finaial product also stays the same level.Therefore,there will be more money puting into the better project in favor of the development of the company,such as technology design and development,recruitment elit talent and so on.There will be a big influence on the further development of company.In other word,there is a bright future for the development of construction machinery industry,for example ZZHZ,which is specilized in bridge girger launcher and gantry crane.