Chinese steel market is finally tend to be stable after 2017 whole years unstable situation.

Per above chart, you can see that Chinese steel market price keeps going increasing and decreasing sharply for whole 2017. But price is tend to be stable for 2018 for now. But there are rumors running in market that price is going to increase shortly, so now may be your best shot in placing your order.

But there is also another changing factor in currency. You can check below graphs which show RMB per USD from march 2017 until today. You can see that the trend is decreasing since last year. Decreasing in currency will leads to a slight increase in unit price when we send the quotation to you. So there may be sometimes that you’ll find that even though steel market is stable, but we’ll update quotation to you because of the changes in currency.

Now as most of Chinese manufacturer are back to work from Chinese Lunar New Year Vacation, if you have any inquiry at your hand, feel free contact us anytime. We’ll always be there for you.