Below news comes from CHINA SECURITIES- RECOF.
The government pay attention to environmental protection, which limits the industrial production, and the price keep increasing.
August, 8th, 2017, 00:38, from CHINA SECURITIES- RECOF
Analysts said as the central environmental protection supervise strictly, and many provinces recent plan to take special action to protect the environmental during the heating period. Metal, chemical industry, building materials industry are strictly controlled, so related products prices expected to increase strongly.
For future steel price movements, Guoqing Wang believes that are still strong gains in August, September and October, there is high risk, in November as the heating season coming, environmental protection will carrying out more strictly, steel prices will keep on going up.