[Steel] the United States and the European steel market is a general decline in prices

According to the latest index of steel reference prices, the United States and European steel prices are generally dropped. Southern Steel Price are all in decline, but hot rolls in the Nordic rise in the reference price of 6 euros / ton. In the United States, hot-rolled and cold-rolled Volume Volume prices also fell. In Southern Europe, the hot rolls manufactured reference price fell seven euros / t, to 485 euros / ton (652 U.S. dollars / ton); Nordic Cold volumes of the reference price is 587 euros / ton (789 U.S. dollars / ton).
Midwest cold-rolled steel rolls FOB reference price dropped to 633 U.S. dollars / RES (696 U.S. dollars / ton); Plate the reference price has fallen by one U.S. dollars / RES, 796 U.S. dollars / RES (876 U.S. dollars / ton).
Since last week, European steel prices fell again, but the reference to the United States last week to decide to no change. In Southern Europe, the reference price is now manufactured to 514 euros / ton (691 U.S. dollars / ton). Five weeks, the United States reinforced the average slightly shorten the delivery period, but the Northern and Southern Europe the declining trend is particularly significant.
Steel index recent market survey indicated that the future direction of prices is not optimistic, but the prospects for demand, will be changed. Statistics in the company, only 24% anticipated in the next three months, the prices will increase, and 35% think it would be dropped. About 18% think that demand will increase, while 25% think that will reduce the inventory, 26% of the companies considered stocks will rise, while 31% believe will be reduced.