Shanghai launched the "benchmark spot price of steel"
Yesterday, from Shanghai, Beijing, Guangdong Chamber of Commerce led to steel trade, a large number of steel trade co-financing of the iron and steel enterprise logistics platform - e-gold in the iron and steel trading center established in Shanghai, the center will introduce the concept index with the daily transactions for "iron and steel Benchmark spot prices ", to create the current coverage of the most widely broadcast system spot price of steel.
Gold iron alloy Hu, leader of e-trading center, said more had 50% of iron alloy goods through direct sales by manufacturers to go in the end-user, 20% into the iron alloy market circulation trade, 20% direct trading agencies by the traders, 10% for export.
Outside the factory outlets in this part of the flow of iron and steel products trading, the need for a close liaison with the market benchmark price of the public, so that production and circulation enterprises to determine the trend of market prices as an important indicator, particularly in the ups and downs since the end of last year changes in steel prices in the domestic market, the more pressing needs.
Shanghai Federation of Industry and Commerce Chamber of Commerce vice leader of Steel Trade of white direct in paragraph said that the location cost, encompassing the Yangtze River Delta, the Pearl River Delta, Bohai three foremost buyer of iron alloy charges in distinct districts, covering iron alloy, cable rod, freezing revolved hot-rolled, in the broad plate, hue outer level iron alloy six varieties. Which is calculated by the every day concluding cost of the nationwide market is founded on iron alloy trials, quotation nationwide iron alloy utilisation structure and capacity, after the weighted mean standard cost after the draw.
He said that the current domestic steel pricing mainly concentrated in the hands of large-scale iron and steel enterprises, although the introduction of benchmark prices can not change this status quo, but at least the market signals and transmitted in a timely manner to the large volume of steel prices. - 21392
Gold iron alloy Hu, leader of e-trading center, said more had 50% of iron alloy goods through direct sales by manufacturers to go in the end-user, 20% into the iron alloy market circulation trade, 20% direct trading agencies by the traders, 10% for export.
Outside the factory outlets in this part of the flow of iron and steel products trading, the need for a close liaison with the market benchmark price of the public, so that production and circulation enterprises to determine the trend of market prices as an important indicator, particularly in the ups and downs since the end of last year changes in steel prices in the domestic market, the more pressing needs.
Shanghai Federation of Industry and Commerce Chamber of Commerce vice leader of Steel Trade of white direct in paragraph said that the location cost, encompassing the Yangtze River Delta, the Pearl River Delta, Bohai three foremost buyer of iron alloy charges in distinct districts, covering iron alloy, cable rod, freezing revolved hot-rolled, in the broad plate, hue outer level iron alloy six varieties. Which is calculated by the every day concluding cost of the nationwide market is founded on iron alloy trials, quotation nationwide iron alloy utilisation structure and capacity, after the weighted mean standard cost after the draw.
He said that the current domestic steel pricing mainly concentrated in the hands of large-scale iron and steel enterprises, although the introduction of benchmark prices can not change this status quo, but at least the market signals and transmitted in a timely manner to the large volume of steel prices. - 21392
posted by X - Men @ 2:28 AM
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