Section Steel Market Report March 2017

Prices for section steel decreased nationwide during the month because of the stagnant market as well as declining raw materials’ prices.Asian Metal Copyright Besides, downstream customers refused to purchase in large quantities seeing the downward price trend, for fear of a further price decline.Asian Metal Copyright Facing rising production costs as well as downward price trend, mills tended to reduce output.Asian Metal Copyright .Asian Metal Copyright Meanwhile, traders were inactive in supplementing inventories and a little bit pessimistic about the market outlook seeing the poor sales performance as well as increased stockpiles.Asian Metal Copyright Meanwhile, traders were inactive in supplementing inventories and a little bit pessimistic about the market outlook seeing the poor sales performance as well as increased stockpiles.Asian Metal Copyright Besides, downstream customers refused to purchase in large quantities seeing the downward price trend, for fear of a further price decline.Asian Metal Copyright Insiders foresee another round of decreasing in April.Asian Metal Copyright Insiders foresee another round of decreasing in April.

.Asian Metal CopyrightPrices for section steel decreased nationwide during the month because of the stagnant market as well as declining raw materials’ pricesAsian Metal Copyright