CRC Market Report November 2013
2013-12-03 09:19:24 【Print】
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Even though prices of raw materials like iron ore increased slightly this month, its support for CRC production cost was quite limited
. Steel mills had no choice but to keep CRC ex-works prices unchanged or to decrease them for December production . Prices of CRC in Chinese leading markets witnessed a downward trend this month . Market participants were still cautious about future market . Insiders deem it is hard for CRC price to go up in the following month.