Strip Market Report November 2013

Prices of HR strip in Chinese leading markets witnessed a slightly upward trend in the past month, but list prices of most mills kept stable.Asian Metal Copyright Effected the heavy fog in some Chinese provinces, the government began to control the production capacity especially in North China, thus insiders deem that the price is unlikely to go down supported by the heavy production cost and decreased supply.Asian Metal Copyright Though the demand from downstream industries was weak and transaction was unsatisfying, most traders were reluctant to move down quotations to boost sales.Asian Metal Copyright However, it is winter in China and the demand is unlikely to release in the dull season.Asian Metal Copyright Effected the heavy fog in some Chinese provinces, the government began to control the production capacity especially in North China, thus insiders deem that the price is unlikely to go down supported by the heavy production cost and decreased supply.Asian Metal Copyright Effected the heavy fog in some Chinese provinces, the government began to control the production capacity especially in North China, thus insiders deem that the price is unlikely to go down supported by the heavy production cost and decreased supply.Asian Metal Copyright However, it is winter in China and the demand is unlikely to release in the dull season.Asian Metal Copyright Under such a condition, insiders deem that the price is probably to keep stable next month.Asian Metal Copyright Under such a condition, insiders deem that the price is probably to keep stable next month.
.Asian Metal CopyrightPrices of HR strip in Chinese leading markets witnessed a slightly upward trend in the past month, but list prices of most mills kept stableAsian Metal Copyright