After the raw material prices jumped on March 7 in China market, those for slab prices remained at high level during a month. But Australia ‘s 62% powder ore sales prices to china continues to fall in the last 2 weeks. 

It is understood that china’s slab offers at about US$320-330ton CFR this week, for wire rod industry said that although the slab price remains upward trend, but the supply shortage, will limit orders in response to the current situation.

• [Editor:Chen Zhen Seng]