HRC Market Report December 2011
2012-01-04 09:39:39 【Print】
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Dragged by the weak demand from customers, Chinese domestic HRC market remained dim this month and prices showed different trends. With the uncertain market ahead, traders preferred de-stocking rather than re-stocking, thus HRC inventory was also decreased during the month. Next month, Chinese lunar New Year will come, so insiders suppose that the market is unlikely to turn better and the price is likely to keep stable.
