Strip Market Report August 2012
2012-09-04 16:07:01 【Print】
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This month, prices of HR strip in domestic market dropped sharply further due to the insufficient demand from downstream customers. Since the market shows no signs of recovering, traders did not replenish stocks in time. Seeing the weak demand and the dim market situation, insiders believes that the HR strip market is likely to get even worse in following month, and the prices may decrease further.
