Thu, 03/04/2010 - 16:54
Domestic steel product prices may rise in May - Wu Wenzhang, steel market expert
by Li Chunlan
Interfax spoke with Wu Wenzhang, general manager of steelhome.cn, a Shanghai-based steel market information provider, about his outlook for China's steel product prices in the second quarter of 2010.
"Prices of crude oil, power and iron ore are all rising, which is pressuring Chinese steel mills..." - Wu Wenzhang
- Wu Wenzhang
Shanghai. March 4. INTERFAX-CHINA - Steel product prices on the domestic market are expected to witness a round of increases from May, due to anticipated higher domestic demand and rising production costs, Wu Wenzhang, general manager of steelhome.cn, told Interfax.
