HRC Market Report November 2015

HRC prices continued to go down in most domestic markets, including Tianjin and Shanghai, during the month, with the market performance remaining poor.Meanwhile, the prices were unchanged in certain regions, such as Guangzhou, due to material shortages.Asian Metal CopyrightHRC prices continued to go down in most domestic markets, including Tianjin and Shanghai, during the month, with the market performance remaining poor.Asian Metal Copyright Traders weren’t pinning their hopes on the market during the remainder of the year and did not expect prices to rebound within this period.Asian Metal CopyrightMeanwhile, the prices were unchanged in certain regions, such as Guangzhou, due to material shortages.Asian Metal Copyright Insiders predict that the HRC price is likely to continue to decline in December.