SSteel prices today, January 9, 2014: Domestic steel prices have had their first rebound in the new year, with increases ranging from 150,000 - 370,000 VND/ton.
Steel price today increased to 3,751 yuan / ton on the Shanghai Exchange. In the past week, construction rebar recorded a slight decline of 0.8%, ending the previous 6 consecutive rising sessions.
China has accelerated its approval of infrastructure projects this year to support the economy still affected by the coronavirus pandemic, with most projects starting in the second half of 2020, helping boost demand. steel.
Steel prices today fell slightly to 3,708 yuan / ton on the Shanghai Exchange. Meanwhile, construction rebar recorded an increase of 1.3% compared to yesterday (July 9).
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