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The global steel market continues to fluctuate and adjust

The global steel market continues to fluctuate and adjust
Issue Time:2018-10-31

The international steel market in October was generally weak.At the end of the month, the global steel benchmark price index of 122.6 pointsfell by 1.5% month-on-month (expanded), up 5.7% year-on-year and up 18.7%year-on-year. Among them: flat steel index was 113.3 points, down 2%month-on-month (expanded increase); long product index was 133.8 points, down1% month-on-month (concession convergence); Asia index was 126.2 points, down1.6% month-on-month (expanded expansion). The China index in Asia was 129.9points, down 1.6% month-on-month (expanded); the Americas index was 142.5points, down 0.1% month-on-month (from flat to down); the European index was103.1%, down 2.3% month-on-month (decreased) . According to the operationalsituation combined with the fundamental situation, the international steelmarket in November may continue to fluctuate and adjust the trend.

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