Strip Market Report March 2013
2013-04-01 18:09:32 【Print】
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Prices of HR strip witnessed a downward trend and it fluctuated several times in March, besides, the market was unsatisfactory
. Influenced by stronger macro-control policies concerning the property market, customers and traders were all cautious and the demand from downstream customers did not release much as participants’ expect . Bad news was more than good news in the month, besides, the pressure of high inventory was still heavy, so the price was forced to decrease . Prices of raw materials were also on a downward trend, so without the strong production cost support, insiders deem that though the demand will release in April, the price of HR strip is hard to increase a lot.