Monthly Section Steel & Steel Pipe Market Report Aug 2020

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.Asian Metal Copyright The demand from downstream industries remained insufficient dragged by the high temperature and the continuous rains in South China.Asian Metal Copyright Besides, end users just purchased from hand to mouth and refused to build stocks, complaining the high purchasing costs.Asian Metal Copyright 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.Asian Metal Copyright However, major producers produced actively boosted by the considerable profits and the supply increased day by day.

.Asian Metal Copyright 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.Asian Metal Copyright