Section Steel Market Report January 2013

Prices of section steel in major markets witnessed the upward trend this month due to higher list prices as well as price increases of raw materials. But the overall market performance was not good without the support of downstream demand.Asian Metal Copyright In addition, the market performance is expected to get better in middle February when customers come back from Spring Festival holiday.Asian Metal Copyright However, the mark-up of finished steel product is not as much as that of raw material.Asian Metal Copyright In addition, the market performance is expected to get better in middle February when customers come back from Spring Festival holiday.Asian Metal Copyright In addition, the market performance is expected to get better in middle February when customers come back from Spring Festival holiday.Asian Metal Copyright However, the mark-up of finished steel product is not as much as that of raw material.Asian Metal Copyright As a result, insiders believe prices will continue to increase next month.