Steel Plate Market Report December 2015
2016-01-06 18:02:35 【Print】
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Steel plate prices rose significantly nationwide in China during the month, mainly boosted by material shortage
. As most mills suffered a lot in the first three quarters of the year and had finished their yearly sales targets, they were inactive during the month, instead carrying out overhauls, which meant deliveries to the market were reduced . Nevertheless, as December is the traditional off-season and demand from downstream industries was weak, the market performance showed no signs of improving . Considering that the overall market stocks are running low at the moment, insiders foresee an upward price trend in January.