Monthly Strip Market Report May 2019
2019-06-04 09:30:33 【Print】
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HR strip prices in North China were generally stable during this month, while those in East China and South China saw an upward trend mainly supported by higher raw material costs. Nevertheless, since customers were just purchasing the material in small quantities for urgent need, the market sales performance continued to be unsatisfying. Some steel mills could not keep the regular production affected by the environmental protection inspection and the tight supply of raw materials. Insiders expect prices to decrease in the coming month because of weak customer demand.
