According to China Iron and Steel Industry Association released the latest data, China's steel prices from the end of June to early June 6, the price of floating small, compared to last year fell by 30%, for this phenomenon, Association experts said steel prices for two consecutive trough Small fluctuations, the price has been basically stable, must touch the bottom line of the price of steel, with the September production of the arrival of China, steel prices will gradually pick up.
Affected by the impact of steel prices, nail manufacturers selling price is the phenomenon of decline. Prices fell by 17% compared with the previous period, with the steel prices stabilized, U-nail production will rebound, prices will rise.
Production of U-shaped nails need to gradually increase the price of raw materials steel, the experts said that prices will be angry there will be instability in the market price phenomenon. Prior to this, some small iron and steel enterprises in order to reduce the risk of adverse economic trends, the closure of the department's steel production line, with the recovery of industrial production, there will be a short period of price fluctuations and so on. And other enterprises to restore production after all the regional price stability.