Section Steel Market Report August 2017

Prices for section steel continued to on the upward trend during the month boosted by significant prices increases of raw materials.Asian Metal Copyright Considering prices for raw materials kept rising due to short supply, insiders foresee a further price increase of section steel in September.Asian Metal Copyright Believing it is risky to build large inventories at such unreasonably high prices, traders were cautious about supplementing inventories and the overall market stock runs on a low level, which encourages traders to raise prices to some extent.Asian Metal Copyright .Asian Metal Copyright Nevertheless, the rigid downstream demand remained unsatisfactory influenced by serious environmental protection policies and the market performed inactively.Asian Metal Copyright Believing it is risky to build large inventories at such unreasonably high prices, traders were cautious about supplementing inventories and the overall market stock runs on a low level, which encourages traders to raise prices to some extent.Asian Metal Copyright Considering prices for raw materials kept rising due to short supply, insiders foresee a further price increase of section steel in September.

.Asian Metal Copyright Nevertheless, the rigid downstream demand remained unsatisfactory influenced by serious environmental protection policies and the market performed inactivelyAsian Metal Copyright