Monthly Strip Market Report Apr 2019
2019-05-06 09:10:43 【Print】
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HR strip prices in major markets of China kept the upward trend during this month mainly supported by higher raw material costs and the increase in steel mills' list prices
. However, the market sales performance did not become better as customers without urgent need for materials were just holding a wait-and-see attitude and refusing to place orders . Some steel mills did not resume the regular production due to the environmental protection inspection and the tight supply of raw materials . Insiders think prices would go down in the coming month on weak customer demand.