Steel Price Plumets after Soars
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Steel price in China keeps its up trend since beginning of 2021.
and it is soaring when time marching in May. This trend gives a stiff line on the price index as following. But it starts to plumet from mid of May. All kinds of steel material,such as galvanzied steel, prepainted steel, steel wire, wire rod, etc. drops. From this week, the market seems calming down. Market player should buy according to their demand now.
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