He made the remarks in the 16th summit of the CIS metal held by Moscow. He said although the economic downturn after the crude steel production has gone up, but the price growth is still lagging behind.
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British Iron and Steel Statistics Bureau (ISSB), Richard WhiteWorld Steel Pipe , said on Thursday that the raw material suppliers in a strong position in the global steel industry supply chain, coupled with strong market demand, which will continue to make steel prices upward pressure.
However World Pipe network informed, he said, the raw material companies will continue to raise prices, especially in the case of higher commodity prices, which may promote a further pick-up in steel prices.
coupled with market demand remains strong, he said, There is no doubt that the raw material manufacturers will push up prices.
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