By Li Bu　

Date: 2005/03/08

Abstract: 　　

The macro control policy has produced significant impact on supply and demand and price of steel products. It is predicted that in 2005 demand of steel products from domestic and international markets will remain strong, shortage in the supply of iron ore will be reduced, however the rising price in coal, electricity, petroleum and transportation will add to the cost of steel production and circulation. In general, price will stay at a high level but with much less fluctuation than observed in 2004.