Section Steel Market Report August 2015

Section steel prices demonstrated a flat trend in major Chinese cities this month. However, some steel mills in North China reduced their output in August to ensure a better air quality for the military parade on 3 September in Beijing.Asian Metal Copyright Therefore, market prices in some regions increased to some extent due to the limited supply.Asian Metal Copyright Therefore, market prices in some regions increased to some extent due to the limited supply.Asian Metal Copyright However, some steel mills in North China reduced their output in August to ensure a better air quality for the military parade on 3 September in Beijing.Asian Metal Copyright Insiders believe that section steel production will recover to normal levels in September and market prices are likely to stay unchanged as a whole next month.