Strip Market Report July 2013

Prices of HR strip fluctuated and went up sharply in the traditional dull season, with a markup of about RMB180/t this month.Asian Metal Copyright In addition, the government had input more on the environmental protection, thus some mills were forced to close down.Asian Metal Copyright Stimulated by the price increase of raw materials such as steel billet and imported iron ore, most mills lifted ex-works prices of HR strip.Asian Metal CopyrightPrices of HR strip fluctuated and went up sharply in the traditional dull season, with a markup of about RMB180t this month.Asian Metal Copyright In addition, the government had input more on the environmental protection, thus some mills were forced to close down.Asian Metal Copyright Regarding the coming market in other regions, prices are likely to keep stable next month.Asian Metal Copyright Big mills also controlled the output, and traders did not place large orders with mills.Asian Metal Copyright Big mills also controlled the output, and traders did not place large orders with mills.Asian Metal Copyright However, the market was still unsatisfying due to the soft demand from downstream customers.Asian Metal Copyright However, the market was still unsatisfying due to the soft demand from downstream customers.Asian Metal Copyright Prices are likely to go up slightly in South China since most traders do not have large stocks at present.Asian Metal Copyright Stimulated by the price increase of raw materials such as steel billet and imported iron ore, most mills lifted ex-works prices of HR strip.Asian Metal Copyright Regarding the coming market in other regions, prices are likely to keep stable next month.
.Asian Metal Copyright Regarding the coming market in other regions, prices are likely to keep stable next monthAsian Metal Copyright