Monthly Section Steel & Steel Pipe Market Report Oct 2019
2019-11-05 08:50:34 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
The domestic section steel and steel pipe market performance failed to improve during the month, and the demand from downstream industries continued to be insufficient. End users only purchased according to urgent needs and refused to build stockpiles seeing frequent price fluctuations. Reporting poor market performance, traders showed no confidence in the market prospect and were eager to reduce stockpiles, worried about a further price decline, Reporting considerable profits, most mills were in high production activities, and the supply stayed at a high level.
The domestic section steel and steel pipe market performance failed to improve during the month, and the demand from downstream industries continued to be insufficient. End users only purchased according to urgent needs and refused to build stockpiles seeing frequent price fluctuations. Reporting poor market performance, traders showed no confidence in the market prospect and were eager to reduce stockpiles, worried about a further price decline, Reporting considerable profits, most mills were in high production activities, and the supply stayed at a high level.
