China's steel companies will see better performance in March due to price rises and the centralgovernment's destocking policy for the real estate industry, experts said on Thursday.

Wang Guoqing, consultancy director at the Lange Steel Information Research Center, an industrythink tank in Beijing, said demand for steel will gradually increase in March, which will lead toimproved conditions for the companies in the industry.

The price of steel products increased by 120 yuan ($18) per metric ton after four successivedays of increases. It reached 2,260 yuan a ton on Tuesday.