Monthly Section Steel and Steel Pipe Market Report Sep 2021
2021-10-18 17:33:54 【Print】
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1. Market Highlights
Prices of section steel and steel pipe rose in major Chinese domestic markets during the month boosted by the price rise of raw materials. Both steel mills and traders remained active in lifting prices supported y the reduced supply under the production cut policy. Meanwhile, the market inventory ran at the low level and traders did not burden with any sales pressures. However, the demand from downstream industries kept sluggish and end users were rather cautious about placing orders, and the overall market performance remained unsatisfactory.
Prices of section steel and steel pipe rose in major Chinese domestic markets during the month boosted by the price rise of raw materials. Both steel mills and traders remained active in lifting prices supported y the reduced supply under the production cut policy. Meanwhile, the market inventory ran at the low level and traders did not burden with any sales pressures. However, the demand from downstream industries kept sluggish and end users were rather cautious about placing orders, and the overall market performance remained unsatisfactory.
