DEC 1st – DEC 7th steel price forecast

DEC 1^st  – DEC 7^th  steel price forecast

Hello everyone, It is DEC 1^ST    today, I will give you our personal opinion in the price of steel forecast this week.

We expect the price of steel to rise this week. There are mainly two reasons.

One is that the raw materials for steel, iron ore and coke, are both on the rise. Other

 is that China is going to hold an important economic meeting next week. Under the influence of these two aspects, we believe that the price of steel has risen this week.