HRC Market Report August 2012

Due to the gloomy international and domestic economies, the demand from downstream industries kept weak.Asian Metal Copyright Consequently, the market prices witnessed a significantly declining trend in August.Asian Metal Copyright Furthermore, the prevailing steel mills announce to lower list prices for September production.Asian Metal Copyright Consequently, the market prices witnessed a significantly declining trend in August.Asian Metal Copyright Consequently, the market prices witnessed a significantly declining trend in August.Asian Metal CopyrightDue to the gloomy international and domestic economies, the demand from downstream industries kept weak.Asian Metal Copyright Most downstream customers purchased in small quantities to meet urgent needs, and the orders from them decreased modestly.Asian Metal Copyright Furthermore, the prevailing steel mills announce to lower list prices for September production.Asian Metal Copyright The downward in futures market also dragged down the market prices.Asian Metal Copyright The downward in futures market also dragged down the market prices.Asian Metal Copyright Considering the current situation, insiders believe that Chinese domestic HRC prices are likely to further go down with some fluctuations in the coming month.
.Asian Metal Copyright The downward in futures market also dragged down the market pricesAsian Metal Copyright