Steel Plate Market Report October 2015
2015-11-04 11:48:23 【Print】
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Steel plate prices increased slightly in most domestic markets, including Tianjin and Shanghai, during the month because of the tight supply, although they slid in certain regions, such as Guangzhou
. Although October is the traditional peak season, demand from downstream industries remained disappointing and showed no signs of getting stronger . Lacking confidence in the market outlook, most traders simply supplemented inventories according to grade shortages, rather than in large quantities . Insiders predict the steel plate price is likely to go down in November.