CRC Market Report November 2014
2014-12-02 17:00:34 【Print】
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The CRC market failed to see any improvement this month even though prices for related products, such as HRC, went up in the second half, stimulated by the Chinese Central Bank’s cut in interest rates. The price gap between CRC and HRC was even larger than is normally seen
. In addition, the demand from downstream consumers showed no signs of releasing . Insiders predict that it is still unlikely CRC prices will rebound in December.