April is coming. We all know that 2017 wasn’t a stable year for Chinese steel market, but price is tend to be stable after Chinses Lunar New Year. Although there were some ups and downs, but all within a acceptable range.

Yet, in the begin of April, over last weeknd, steel price from raw material to all kinds of finished products are rising a lot, unit price per ton has increased from 10 USD to 50 USD, the price is going up a lot especially for alloy steel pipe. Carbon steel products also increase about 10 to 40 USD per ton.

What maybe the reason for the increase?

First, because of government’s control over steel industry for all time long, especially during March, almost all mills has been suspeded for some time, so a lot of products production have been delayed. Market demands are much more than production capacity.

Second, for all pipes with surface treatment, they can only be treated in a specified duration. Thus delays the production process of finished steel pipe.

Third, product limitation. There always is another round of product limitation for steel industry. Because steel inductry’s production can affect local environment directly, and Chinese steel production base is near capital city.

Finally, you may find out that currency between CNY per USD is dropping recently. This is also another reason that can lead some influence on unit price.

Market price is rising, you shall seize your chance and confrim your order before it’s too late when price is going up crazy.