Analysis on HRB400 12MM Price From January to May 2019

www.ferroalloynet.com: Our website has analyzed HRB400 from January to May 2019 in major cities across the country. According to HRB400 12MM Price chart, In January 2019, the HRB400 market was relatively depressed. The average price in January was less than CNY 4,000/t. Due to the cold climate, the downstream consumption slowed down and the stock of HRB400 was large. With the gradual warming of the climate, the consumption of HRB400 in infrastructure industry continues to increase, and the price rises gradually. The highest daily average price in early may has reached CNY 44.43 million/t. In recent years, it has been rising and falling, showing an upward trend as a whole. HRB400 market is expected to will continue to rise in June and prices will continue to rise slowly.

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