Industrial news

　　The prices of coking coal had been keeping increase for two months. Considering the steel factory’s melting cost increase, the prices of steel products will be increased shortly. Affected by the increased coking coal, the steel plate, steel bars, will be increased 20 to 50 RMB per ton, and the steel pipes will follow. Our API 5L Seamless Line Steel Pipe factory will be the last to be affected on the prices.