Strip Market Report December 2013

Prices of HR strip in most Chinese leading markets decreased continuously this month and the demand from downstream industries was still soft.Asian Metal Copyright Chinese participants will have a long holiday for the Spring Festival next month and demand is hard to release before the Chinese lunar New Year.Asian Metal Copyright Though the government had announced some policies to control the excess capacity in China, the market was hard to recover immediately.Asian Metal Copyright In view of that, insiders deem that the price is likely to go down further next month.Asian Metal Copyright It was the end of the year, so most outside projects had stopped affected by the cold weather especially in North China.Asian Metal Copyright Though the government had announced some policies to control the excess capacity in China, the market was hard to recover immediately.Asian Metal Copyright The progress also slowed down in other regions.Asian Metal Copyright The progress also slowed down in other regions.Asian Metal Copyright Chinese participants will have a long holiday for the Spring Festival next month and demand is hard to release before the Chinese lunar New Year.Asian Metal CopyrightPrices of HR strip in most Chinese leading markets decreased continuously this month and the demand from downstream industries was still soft.Asian Metal Copyright In view of that, insiders deem that the price is likely to go down further next month.
.Asian Metal Copyright It was the end of the year, so most outside projects had stopped affected by the cold weather especially in North ChinaAsian Metal Copyright