Back in early 2016, the national steel market price shocks upward trend. Until March 2 after returning from the second week, Myspic PuGang absolute price index is USD354 /ton, a rise of 18.8USD/ton, in the post-holiday trading gains of about 5.77%. This is nearly three years after the Spring Festival come back price increase for the first time. Is getting more by the central bank on Friday down time as a trigger, with the support of the cost of raw materials and with the recent futures and other commodities continued to be strong. As centre of south north material, steel prices in the guangdong area is the same with rose.

Due to the tang shan area at the end of April to held the world horticultural exposition, and according to my web tracking is the tangshan local steel mills will have 30-50% of production, production situation, so the steel mills cut production of large area, for the guangdong area, whether through the hype, and continue after start rally.