Monthly Section Steel & Steel Pipe Market Report Aug 2020
2020-09-08 08:45:27 【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
Prices for section steel and steel pipe changed narrowly in major Chinese domestic markets during the month, coupled with participants' wait-and-see attitudes. The demand from downstream industries remained insufficient dragged by the high temperature and the continuous rains in South China. Besides, end users just purchased from hand to mouth and refused to build stocks, complaining the high purchasing costs. However, major producers produced actively boosted by the considerable profits and the supply increased day by day.
Prices for section steel and steel pipe changed narrowly in major Chinese domestic markets during the month, coupled with participants' wait-and-see attitudes. The demand from downstream industries remained insufficient dragged by the high temperature and the continuous rains in South China. Besides, end users just purchased from hand to mouth and refused to build stocks, complaining the high purchasing costs. However, major producers produced actively boosted by the considerable profits and the supply increased day by day.
