Market players pay high attention to implementation effect of new rebar standard

Date: Nov 6, 2018

www.ferroalloynet.comVanadium market continues to fluctuate on high end within small range. The transaction prices remain stable and the high-end quotations are getting loose when the suppliers turn to be wait-and-watch. However, the suppliers can’t accept too low prices. The market players keep close eye on implementation strength and effect of new rebar standard, largely affecting demand of downstream. At present, steel mills basically conduct production according to the new standard, but it still needs a period of time to investigate and observe the quality inspection in the circulation process.

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