CRC Market Report October 2012

This month, Chinese CRC prices did not continue to go up as traders expected before the National Day holiday, affected by the unchanged ex-work prices carried out by steel mills and price fluctuation of raw materials like steel billet.Asian Metal Copyright Insiders do not predict Chinese domestic CRC prices will rebound before the 18th National Congress of the Communist Party of China which will be held on November 8.Asian Metal Copyright While the most important of all, the demand from downstream customers was still weak.Asian Metal Copyright Insiders do not predict Chinese domestic CRC prices will rebound before the 18th National Congress of the Communist Party of China which will be held on November 8.Asian Metal Copyright According to traders, the market performance did not show any obvious improvement during the period of so-called “Silver October”.Asian Metal CopyrightThis month, Chinese CRC prices did not continue to go up as traders expected before the National Day holiday, affected by the unchanged ex-work prices carried out by steel mills and price fluctuation of raw materials like steel billet.Asian Metal Copyright Insiders do not predict Chinese domestic CRC prices will rebound before the 18th National Congress of the Communist Party of China which will be held on November 8.
.Asian Metal Copyright While the most important of all, the demand from downstream customers was still weakAsian Metal Copyright