ChinaSteelMarket.com selects steel product price sampling cities mainly based on:
1. whether the city has a large factory for production
2. whether the number of steel products traded in the region is large enough.
3.The price samples are derived from ex-factory prices and market transaction prices
4.The price sample reflects the price information of the corresponding products in the Chinese market, usually priced in RMB. CSMC automatically applies the exchange rate of the day to calculate the price in US dollars, euros, Japanese yen and pounds.
