Strip Market Report June 2013
2013-07-02 08:57:16
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Prices of HR strip fluctuated frequently this month and witnessed an upward trend at the end of this month stimulated by the price increase of raw material-steel billet.Asian Metal Copyright In view of that, insiders think the price is likely to down next month.Asian Metal Copyright The price kept falling down slightly, and then shock rose. Most steel mills moved up list prices by about RMB100/t with the strong cost support during the month though the demand from downstream customers was soft.Asian Metal CopyrightPrices of HR strip fluctuated frequently this month and witnessed an upward trend at the end of this month stimulated by the price increase of raw material-steel billet.Asian Metal Copyright On June 28, the China Iron and Steel Association (CISA) announced that in mid-June (June 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel producers in China totaled 1.Asian Metal CopyrightPrices of HR strip fluctuated frequently this month and witnessed an upward trend at the end of this month stimulated by the price increase of raw material-steel billet.Asian Metal Copyright7455 million mt, up 0.Asian Metal Copyright164 million mt, up 0.Asian Metal Copyright79 percent or 14,000 mt compared to early June (June 1-10).Asian Metal Copyright On June 28, the China Iron and Steel Association CISA announced that in mid-June June 11-20 this year the average aggregate daily crude steel output of large and medium-sized steel producers in China totaled 1.Asian Metal Copyright Meanwhile, the average aggregate daily crude steel production of all steelmakers in China in mid-June was estimated at 2.Asian Metal Copyright7455 million mt, up 0.Asian Metal Copyright164 million mt, up 0.Asian Metal CopyrightPrices of HR strip fluctuated frequently this month and witnessed an upward trend at the end of this month stimulated by the price increase of raw material-steel billet.Asian Metal Copyright37 percent or 8,000 mt compared with early June.Asian Metal Copyright164 million mt, up 0.Asian Metal Copyright In addition, Chinese banks are facing financial problems at present, and it is hard to publish positive policies in the short term.Asian Metal Copyright164 million mt, up 0.Asian Metal Copyright In view of that, insiders think the price is likely to down next month.
.Asian Metal Copyright On June 28, the China Iron and Steel Association CISA announced that in mid-June June 11-20 this year the average aggregate daily crude steel output of large and medium-sized steel producers in China totaled 1Asian Metal Copyright