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World steel price rises

Author: Posttime:2013-07-25 08:22:01
According to the latest SteelBenchmarker published by World Steel Dynamics, the world export price of hot rolled band rose for the first time since end-February, up by $12/t from two weeks ago to $546/t. However, the world HRB price was still down $42/t year-on-year. HRB steel prices in the US rose for a third consecutive month to $702/t, the highest level since December 2012, while HRB prices in the China reached a 2-month high of $492/t. Prices in the EU continued their downward trend falling to $588/t, representing an 11-month low.
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