Steel prices rose about 100 yuan per ton on the 2nd and rebounded to 150-300 yuan in two weeks.

Although the industry believes that the rise in steel prices is not sustainable, but yesterday the domestic steel prices are still sharply rising, the rate of increase per ton is about 100 yuan, flat steel rose about 50 yuan.

According to market monitoring data, yesterday, the average price of representative rebars in domestic key cities was 4,094 yuan/ton, up by 114 yuan per ton from last Friday; the high-line representative variety was up by 115 yuan; in terms of flat products, the average price of hot-rolled coils went up. 39 yuan, the board rose 55 yuan. Within two weeks, the rebound rate of various steel prices has reached 150-300 yuan per ton.

Yesterday, the private steel boss Shagang announced some of the product price policies in early August. High-line, rebar and other building materials prices were raised by 80 to 90 yuan per ton on July 21.