Monthly Strip Market Report Jun 2019

HR strip prices in North China and South China saw an upward trend during this month mainly supported by higher raw material costs and the increase in steel mills' list prices, while those in East China went down on weak customer demand.Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpiles.Asian Metal Copyright The market sales performance continued to be unsatisfying as customers without urgent need for materials were mostly holding a wait-and-see attitude and placing orders sparingly.Asian Metal Copyright The market sales performance continued to be unsatisfying as customers without urgent need for materials were mostly holding a wait-and-see attitude and placing orders sparingly.Asian Metal Copyright Because of the environmental protection inspection and the tight supply of raw materials, some steel mills did not resume the regular production.Asian Metal Copyright Insiders do not expect the market to improve in the coming month.Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpiles.Asian Metal CopyrightHR strip prices in North China and South China saw an upward trend during this month mainly supported by higher raw material costs and the increase in steel mills' list prices, while those in East China went down on weak customer demand.Asian Metal Copyright Insiders do not expect the market to improve in the coming month.
.Asian Metal Copyright Because of the environmental protection inspection and the tight supply of raw materials, some steel mills did not resume the regular productionAsian Metal Copyright