The corrugated steel price smally raised before the festival, 283152 total volumes, open interest increased 12602 to 647086.

Domestic market: the real-estate was bleak, total trade volumes were 70% off, that will also influence the steel market.

International market: On 3rd June, the president of the United States Barack Obama said: “with the revival of the vehicle industry, the economic situation is getting better, but we still have lots more to overcome the challenges, the process will not be so successful. The American labor ministry issued jobless rate of May, it rebounded to 9.1%, newly increased job positions are less than expected.

In general, with the poor demand and other factors, the trend recently might fall.

Related product: Stainless steel sheet