Chinese steel price is skyrocketing

Chinese steel price is skyrocketing these days! 

Tangshan City—the steel capital of China, was strictly limited in steel production from last weekend. The production in July may decrease by nearly 50%. It brought a big and sudden rise to Chinese steel market. Until now, the price already rose 30USD per ton.

Meanwhile, the currency exchange rate between US dollar and China RMB dropped 0.6% which also boosted the price increasing.

If your demands are not urgent, we suggest you waiting for a period of time. If it is urgent, come to us! MESCO will share our professional advice based on your requirements. 

We believe the key to business is about sharing instead of selling or buying and it will create double win!

For more steel market information, please stay tuned!