Iron Market Report November

Price of S.Asian Metal Copyright Prices are Up by RMB30t in Liaoning, RMB50t in Hebei, RMB70t in Shanxi, RMB30-70t in Shandong, RMB50t in Henan, RMB50t in Zhejiang, RMB40t in Jiangsu.Asian Metal CopyrightG. cast iron rises by RMB30-50/t this month. While price declines by RMB80/t in some areas due to remoteness.Asian Metal CopyrightG.Asian Metal Copyright There are some reasons for the price rise: Firstly, the government increases efforts to environmental check as the Third Plenary Session of the 18th CPC Central Committee holds, and the government control ironworks in Hebei, Shanxi, Shandong and Jiangsu strictly, and many ironworks have suspended production, which causes tight supply of pig iron, and many player line up to purchase pig iron.Asian Metal CopyrightG.Asian Metal Copyright Secondly, downstream casting companies restock for winter and demand increases slightly.Asian Metal CopyrightG.Asian Metal Copyright As a result, S.Asian Metal Copyright While price declines by RMB80t in some areas due to remoteness.Asian Metal CopyrightG.Asian Metal Copyright cast iron rises by RMB30-50t this month.Asian Metal Copyright cast iron companies increases price of S.Asian Metal CopyrightG.Asian Metal CopyrightG.Asian Metal Copyright Secondly, downstream casting companies restock for winter and demand increases slightly.Asian Metal Copyright cast iron. Prices are Up by RMB30/t in Liaoning, RMB50/t in Hebei, RMB70/t in Shanxi, RMB30-70/t in Shandong, RMB50/t in Henan, RMB50/t in Zhejiang, RMB40/t in Jiangsu.Asian Metal Copyright cast iron rises by RMB30-50t this month.Asian Metal Copyright