CRC Market Report April 2014
2014-05-04 09:24:44 【Print】
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The CRC market in China did not make any improvements this month due to the absence of favorable news. Even though prices for CRC increased slightly over the short term in some regions, it was hard for them to stay firm and they gradually fell back later on
. In general, the CRC market ran steadily during the month . Prices for raw materials were still running at low levels, so it was hard for steel mills to hike the ex-works prices of CRC for May production . Insiders consider the price of CRC is unlikely to rebound in the coming month.