In recent years, China’s imported ore market has developed in the spot direction. However, in the long term, long-term contracts signed between mining companies and steel mills will still be an important part of the market. The steel mills look for suitable business partners for each other and sign a one-to-one long-term supply agreement.

Steel flexible copper strip should actively participate in the negotiation of ore pricing and look for a trading system acceptable to both parties to stabilize the iron ore market transactions. Based on the above analysis, regardless of the economic growth situation, the financial market panic caused by the macro perspective and China’s property market regulation and control policy continue and dominate copper market. With the fall in asset prices, although the market’s immunity to European debts has gradually increased, it has not yet sent a clear bottom or stop signal, but after a sharp drop in October, the rebar 1205 contract was at 4,200 yuan.

Hovering below the ton, the probability of further deep adjustment is decreasing. Recently, the market profile prices have fallen slightly, and the current market price of No. 5 angle steel produced by major manufacturers is 4450 ~ 4580 yuan / ton, and the prevailing price of No. 10 angle steel produced by Tonggang is around 4550 yuan / ton; No. 16 channel steel produced by Agang is quoted at 4350 The reference price of No. 25 I-beam produced by Dongcheng Steel Plant in Haicheng is around 4430 yuan / ton; the price of No. 5 angle steel at Maanshan Iron and Steel is 4370 yuan / ton, and the price of No. 7 and 8 angle steel is 4260 yuan / ton. The price of No. 10 channel steel is 4450 yuan / ton, the price of No. 25 I-steel of Laiwu Steel is 4,500 yuan / ton, and the price of No. 40 I-steel is 4620 yuan / ton.
https://www.fullwaytech.com/product/copper-strip-for-transformer.html

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