May 22, 2013 onwards, Xinjiang Bayi Iron & Steel Co. executed a new steel price policy, the new policy reduced the eight ex-factory price of steel plate region, specific adjustments are as follows:

　　1, plate prices down 100 yuan / ton, now Q23520mm * 2000 * 8000 Plate execution price of 4130 yuan / ton;

　　2, hot rolled coil prices by 100 yuan / ton, now Q2356.01mm * 1500 * C hot rolled coil execution price is 4050 yuan / ton.

　　Chinese steel mills cut steel prices has become a kind of inertia, eight steel is not the only one, May 22, Lanzhou, Jiuquan lowered the company's board prices, Panzhihua Iron and lowered the company's cold rolled coil prices ...... However, China's major steel mills cut prices to win market policy does not reflect the positive, Chinese steel market remains stagnant, the major steel mills, such as price cuts down the drain, Chinese steel companies have fallen into the quagmire unable to extricate themselves gate price.

　　Eight major domestic steel mills steel prices again, take their profits to save the Chinese steel market, but in the raw material prices, labor costs continue to rise today, China's iron and steel enterprises turn in there looking for their own profits, which failed to profit or profit gauzy Chinese steel enterprises also supports long?