Business News Steel will also maintain a short-term oscillations

Good in the car sales figures, Baoshan Iron and Steel Association has a long iron ore price adjustment, and the current crisis situation, within a week of domestic plate prices rose 200 yuan / ton, rebar spot price there have been soaring. In the spot prices, driven by a slight rebound in Shanghai steel there, but the enormous pressure continued to weigh on the recent stock price of steel. February, automobile production and sales chain down, but an increase of the month to complete sales of 1.2115 million, more than the U.S. sales nearly doubled. Automobile Association of Deputy Secretary-General Xiong Chuan-lin predicted China's car sales in 2015 remained 10% -15% growth, and sales in 2010 may reach 16.5 million. Car sales increased, driven plate prices of production, while promoting the rebar spot price. Baosteel recently announced the first increase wire rod in April ex-factory price per ton rose ranging from 150-300 yuan, which is the first steel steel baked in April. Baosteel has long been seen as a domestic steel prices is any indicator, this form of domestic steel prices boost the sluggish trend. Although the panel prices are driving on the rebar, but it is generally in the production of a small steel plate whole situation, the latter part of rebar price trends to see whether demand is also warmer. Spot Indian iron ore CIF value of the current 140 U.S. dollars / ton,South Africa soccer jerseys, India to China sea freight in the 25 U.S. dollars / ton,Mexico soccer jerseys, then the Indian iron ore spot FOB price of 115 U.S. dollars / ton. Association of iron ore in 2009 is equivalent to 60 U.S. dollars elderly / ton based on the increase 91%. The domestic spot iron ore prices for 1000 yuan / ton, with the spot price of iron ore in India is almost the same. The latest news shows, the Brazilian mining giant CVRD and Japanese iron and steel enterprises in the fiscal year 2010 iron ore price negotiations,Cameroon soccer jerseys, the proposed iron ore price increases of more than 90%. And three mines from the market is expected to offer perspective, in 2010 iron ore prices in the long HS on the basis of 2009 rose 40% -90%. But no matter the final outcome, the current Indian iron ore imports and domestic iron ore spot prices have a long association with 90% of the expected price. So, even in 2010 iron ore prices rose 90 percent long association is also included in the current spot prices of iron ore. Therefore, the iron ore negotiations profitable long association has been overdrawn in advance. Last week, while rebar inventories declined, but the rebar stocks since mid-November last year, up to now there has been a 16-week winning streak. Up to now, rebar futures stocks reached 162.5 thousand tons or so, if coupled with rebar stock inventory, the current social rebar inventories 7.4873 million tons over last year's increase of 3.19118 million tons of social inventories and high stock prices of steel will be produced pressure. While plate prices rise, steel mills and iron ore price adjustment under the impetus of a crisis, the recent rise of steel prices,Soccer Gear, but in a huge inventory, and the current spot price of iron ore, the Association has been negotiating with its long-expected, it is expected the near future Steel prices will be under great pressure. In to the stock and the combined effects of rising sea freight, it is expected later this year will remain significantly higher steel prices,AC Milan jerseys, and significantly higher than in 2009 as a whole. I am writer, reports some information about , .