Monthly Strip Market Report May 2018
2018-06-01 09:25:03 【Print】
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HR strip prices in major markets of China witnessed an upward trend during this month mainly supported by higher raw material costs and increase in steel mills' list prices
. Some steel mills were still out of production because of yearly facility maintenance and the environmental protection inspection . However, as it was the traditionally low season, demand from downstream customers did not become better and the market sales performance was still unsatisfying . Insiders suppose the market will remain quiet in the coming month.